Morning Daily - 2020-12-24

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ETAuto Newsletter | Thursday, December 24, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Why is the small car market not performing to its potential? Is there a way out?
• Honda Cars discontinues Civic & CR-V from the Indian market; confirms Noida plant closure
• High shipping freight rates and shortage of containers may disrupt supply chains of automakers
• Sonalika launches first electric tractor at INR 5.99 lakh
• Nissan to hike prices of all vehicles in India by up to 5 percent from January
• DGFT curbs import of tyres if alternative made in India, seeks undertaking from importers
• Cars made for India, better aftersales service: Skoda Volkswagen wants to fix past mistakes ET Prime
• Vehicles on ethanol to get separate identification mark
• RERC fixes Rs 6/unit power tariff for EV charging stations
• Tata Motors launches advanced LCV Ultra T.7 for urban transportation
• Indian economy stabilizes in November as retail demand improves
• Haryana cabinet approves new enterprises and employment policy
• Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash
• Resolve each HSRP grievance within three days, directs Delhi transport minister
• Maruti Suzuki hands over eco-friendly houses under employee welfare scheme
• Trade commission: Redesigned Mahindra Roxor no longer a Jeep Wrangler copycat The Detroit News
• Toyota to launch two-seater ultracompact EV in 2021 Nikkei Asia
• 13 Career Tips To Find Success In The Communications Space Forbes
• Digital Careers Ahead: AI Instructors, Remote Work Heads, Digital-Charged Marketers Forbes
Industry
• Elon Musk: Apple CEO didn't take meeting about buying Tesla
• Global cargo logjam deepens, delaying goods bound for retailers, automakers
• Some automakers want more time to meet new trade rules, Mexican official says
• MSMEs need creative HR interventions to maximize productivity
• FDI growth story to 'go well' in 2021 too
• 16% of the creative sector facing permanent closure: Report
Passenger Vehicle
• LG and Magna announce billion dollar joint venture in electric car gear
• GM recalls 840K vehicles for seat belt, suspension problems
• Used car sales in top gear as many say no to public transport in Covid times
Two Wheelers
• Honda Shine crosses 90 lakh sales milestone
• GST on two-wheelers should be brought down from the existing 28% to 18%: Hero MotoCorp CFO
Aftermarket
• Ola scouting for sites in India, Europe to build network of charging stations: Report
Auto Components
• Economic recovery, demand revival spark 2021 hopes for steel sector
• SQM announces eight-year deal to supply lithium to LG Energy
Auto Technology
• Tata Communications buys 58.1% stake in French e-SIM tech company
Auto Finance
• Bank agent took Rs 7.5-crore loans to buy ghost vehicles, under lens
Oil & Lubes
• Fuel sale coming back to pre-COVID level: IOC official
• India's crude oil production slips 5% in November
• No change in petrol, diesel prices for 16th consecutive day
• OPINION: 2020 One of the worst years for oil
 
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