Morning Daily - 2020-12-05

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ETAuto Newsletter | Saturday, December 5, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Greaves Cotton shuts Ranipet plant
• This CV maker is about to pick up speed after a slow rebound
• RBI says economy to contract at 7.5% for FY21, predicts growth to turn positive in second half
• Strike on, Toyota Kirloskar Motor to carry out suspended enquiry
• EV switch - Is the government really in the saddle?
• Two-wheeler demand to taper off; 4-wheelers to hold ground
• IndiGo, SpiceJet stocks soar on consolidation hope and new planes. But are the valuations justified? ET Prime
• RBI holds policy rate at 4% amid rising inflation
• Leading Bajaj and Maruti Suzuki Dealer Prem Bagga passes away
• Reji Mathai takes over as ARAI Director
• Create aggregation points for farm & MSME items, do minimal inspections: Piyush Goyal to states
• Delhi govt launches forum for successful implementation of EV policy
• Tata Motors delivers 26 e-buses to BEST
• Automakers Move Into The Insurance Business Thanks To Connectivity Forbes
• Yamaha bets on motorbikes that won't fall over Nikkei Asia
• EU to target 30 million electric cars by 2030
• Nissan joins GM in exiting auto group backing Trump
• The SUV-ification of everything comes to classic British marques
• Hyundai recalls 129,000 U.S. vehicles for engine issue
• Petrol, diesel become dearer after OMCs raise retail prices
• Being Productive Is Not Enough - How To Prioritize Your Highest Value Forbes
• A Data-Driven Approach To Building Your Self-Confidence Forbes
Policy
• Industry, experts say RBI's status quo on policy rates to aid economic recovery
• Gehlot demands cut in prices of diesel & petrol
• States may be nudged to modify laws in line with labour codes
Industry
• Not just pent up demand that is reviving economy: FM
• Ex-chairman of Huachen, parent of BMW's China partner, under investigation
• Daimler board backs strategy, staff fund planned
• IL&FS receives approval to sell Chenani Nashri Tunnel to Cube highways for Rs 3900 crore
• Rabi sowing likely to be 2% higher than last season: Report
• Globalization is alive and kicking in trade's big 2020 comeback
• LG Chem, SK Innovation spar over EV recalls in trade dispute
Passenger Vehicle
• Rapid recovery in Russian car sales may belie imminent sharp fall: Analysts
• UK car sales drop by more than a quarter amid lockdown
• Denmark aims to have 775,000 zero-emission cars by 2030
• China's car production may face disruptions due to pandemic-induced chip shortage, says VW
• Lamborghini completes 30 years of its most produced car Diablo
• Aston Martin shareholders green light third capital injection this year
• VW set to miss EU emissions targets: CEO
• Aston Martin, Bentley get in the SUV lane
• Mexico auto production, exports rise in November
• Jeep emphasizes on Wrangler 4xe's out-of-this-world character
Commercial Vehicle
• Equip buses with GPS within 15 days: RTA
• LogisticsNow launches platform for road freight rates
• More than 10,000 go cashless on BEST buses daily
• MSRTC revival is official: Earnings up Rs 5 crore a day to Rs 12 crore, says Maharashtra transport minister
• Smart City: Electric bus workshop to be developed in Foundry Nagar
Aftermarket
• Goa motorcycle taxis urge CM to stop Uber Connect delivery
Auto Components
• NXP Semiconductors raising prices after product shortages, cost increases
• Continental says chip shortages to cause auto supply bottlenecks until 2021
• Aluminium futures up on spot demand
• BHP says copper output needs to double in 30 years, criticises pricing system
Auto Technology
• VW warns disrupted chip supplies could impact China's overall auto production
Oil & Lubes
• UAE's oil expansion gives it new weight within OPEC
• US oil refineries see profit in turning kitchen oil into diesel
• Diesel nears Rs 80, could up essentials' cost
 
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