Morning Daily - 2020-12-16

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ETAuto Newsletter | Wednesday, December 16, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Opinion: Is Maruti Suzuki vulnerable, once again?
• Mahindra's Ssangyong misses $55 million loan repayment to Bank of America, others
• Lockdown impact: Automotive industry suffered Rs 2,300 crore loss per day, says par panel
• Motherson Group sets 3X revenue growth in five years but it doesn't have EV among its focus; Why?
• Top 10 mobility sector growth drivers for 2021
• Mahindra to hike prices of passenger, commercial vehicles from January
• Cars made for India, better aftersales service: Skoda Volkswagen wants to fix past mistakes ET Prime
• 17% of BMW motorcycles made by TVS Motor
• DICV partners with 18 banks, NBFCs to offer financing options to customers
• Crisil revises FY21 GDP contraction projection to 7.7% on higher eco activity
• Exports dip 8.74% in Nov; trade deficit narrows to USD 9.87 bn
• Naresh Rana speaks on Automotive Storage Trends
• Sachin Sanghi speaks on Connected Mobility Ecosystem
• SUN Mobility rides on Microsoft Azure to help build EV ecosystem (Ld)
• 'Govt support must': Omega Seiki Mobility achieves 99% EV localization
• How To Get Hired In A Highly Competitive Job Market Forbes
• What To Do When You Are Seeking A Lesser Role In Your Next Job Forbes
Policy
• Yamuna authority plans Heritage City, riverfront development on the expressway
• NHAI to Invite private companies to build logistics parks
• India witnessing V-shaped recovery, high FDI growth: Piyush Goyal
• Delhi govt to launch drive to check HSRP, colour-coded sticker compliance
• Mumbai gets FASTag platform ready in three major toll plazas
Industry
• Automakers urge U.S. support for EV charging, R&D, incentives
• China search giant Baidu considers making own electric vehicles: sources
• Is the U.S. a hardship location for foreign auto industry professionals: Audio Interview
Passenger Vehicle
• Honda recalling 1.4 million US vehicles
• Volkswagen Tiguan eHybrid launched globally
• Poland picks Silesia for home-grown electric car plant
• Volkswagen pact helps CEO more than returns
• Volkswagen strikes CEO power struggle truce in boost to shares
• Volkswagen shares gain as power struggle ends - for now
• Hyundai Motor nominates Genesis head as new co-CEO
• Hyundai unveils EAVC-equipped mini-car to support young patients
Commercial Vehicle
• Maharashtra plans to make location tracker device must for commercial vehicles
Two Wheelers
• HMSI starts utilising Hazira-Ghogha inland waterway in Gujarat
• EeVe launches Ahava and Atreo electric scooters
• This $19,995 electric motorcycle with 110 HP engine & 70 mph top speed might just be the best bike of 2020
Aftermarket
• Assam govt cancels Maruti Suzuki dealer's trade licence for selling old cars by repainting them
Auto Components
• Indonesia says China's CATL plans to invest $5 bln in lithium battery plant
• Icra upgrades outlook for Indian steel sector to stable
Tyres
• Pirelli to issue 500 million euros in convertible bonds
Auto Technology
• Veoneer sees Q4 sales growth despite pandemic, CEO says
• JLR' s venture arm invests in blockchain tech firm Circulor to trace raw materials
Oil & Lubes
• No change in petrol, diesel prices for 8th consecutive day
 
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