Morning Daily - 2020-12-11

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ETAuto Newsletter | Friday, December 11, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Motherson Sumi to complete deferred acquisition deals soon
• M&M expects drop in production, sales volume at auto division & MVML in last quarter
• 57% vehicles in India uninsured
• Steel companies bullish on prices in near future
• Economy in developing Asia to contract 0.4% in 2020, grow by 6.8% in 2021
• Gadkari calls for more innovation to identify import substitute products
• A former Tesla mind and a 'cool' tech to beat rigid legacy: how Tekion took auto retail to the cloud ET Prime
• Collection efficiency in retail loan pools of NBFCs, HFCs remains steady in October: ICRA
• 'Ta-ta' rivals: 6 Tata cars slated for launch in next 6 months for showdown
• China leads auto industry recovery with beyond-expectation sales
• Hyundai Motor Group introduces dedicated fuel cell brand
• Hyundai teases IONIQ 5 EV, launch in early 2021
• Peugeot family raises stake in French carmaker PSA to 14.38%
• Continental develops autonomous Automated Guided Vehicles to optimise production
• Keynote Interaction with Stanimira Koleva
• How To Answer The 7 Most Important Job Interview Questions Forbes
• Human Skills Will Be Most Important In The Digital Future Of Work Forbes
Policy
• Cops to act tough against helmetless pillion riders
• Tamil Nadu scraps circular mandating GPS devices for vehicle fitness certificates
Industry
• TVS group family members agree to synchronise ownership structure
• M&M ups stake in Finland-based subsidiary
• Madras HC slams NHAI for bad roads, asks to collect only half toll fee
• Britain, European Union work on 'large gaps' before time runs out for post-Brexit deal
• SheerDrive raises seed round funding from Group Landmark
• India retail inflation expected to stay above 7% in November, economists say
• India's economic recovery faster than expected; ADB cuts contraction projection to 8% for FY21
Passenger Vehicle
• VW to renew push for peace between CEO and unions next week: Sources
• Ford India to hike prices of vehicles from January
• Honda hopes to resume UK car output on Monday after parts shortage
• Court rejects bid to stop Tesla felling trees for German plant
• Lexus unveils its Guest Experience Centre in the city of pearls
Commercial Vehicle
• Bihar transport dept to roll out 50 CNG buses in Jan '21
Aftermarket
• Uber adds 2,400 U.S. locations for package delivery service
Auto Components
• UK startup Britishvolt picks site for $3.5 billion vehicle battery plant
• With green battery standards, EU seeks a competitive edge
• Okinawa discontinues its lead-acid battery pack based e-scooters
• Philippe Colpron appointed as new Head of ZF Aftermarket
• China to sell 80 million internal combustion engines a year in next 5 years
Auto Technology
• GM's Cruise to deploy fully driverless cars in San Francisco
Oil & Lubes
• IOC cranks up refinery run, reaches 100% capacity in November on fuel demand boost
• Trump admin revives oil leasing in California despite opposition
 
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