Morning Daily - 2021-01-02

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ETAuto Newsletter | Saturday, January 2, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• ETAuto Opinion: Mahindra-Ford second marriage too fails?
• M&M in talks with an investor for majority stake sale in Ssangyong, looks for buyers
• Bajaj Auto becomes first two-wheeler company to cross INR 1 lakh crore market cap
• Nissan Magnite SUV scores 4-star in ASEAN crash test
• Mahindra to focus on SUVs, electric after ending Ford JV talks
• Mainstream electric vehicles face speed bumps, close to a dozen vehicles delayed
• How did Indian cars fare in global crash tests in 2020
• India's April-November fiscal deficit tops 135% of full-year target
• December diesel demand crawls up to 97% of pre-pandemic level
• Govt has driven the growth of the EV segment HBL
• Our economy will grow at 10 pc in 2021-22 in real terms: NITI Aayog
• 'Policy push needed for adoption of auto LPG'
• Make These 3 Career Essentials Your New Year's Resolution Forbes
• 2021 Will Demand Even More Resilience At Work. Heres How To Build It. Forbes
Monthly Sales Report Card
• Maruti Suzuki domestic sales posts 19.5% growth in December 2020
• Hyundai December 2020 car sales up 24.89% at 47,400 units
• Tata Motors sales rise 21% to 53,430 units in December
• Ashok Leyland registers 14pc rise in commercial vehicle sales at 12,762 units in Dec
• Toyota Kirloskar Motor registers a 14% growth in domestic sales in Dec 2020
• Honda Cars India sells 8,638 units locally in December 2020
• MG Motors posts 33% growth in retail sales in December 2020
• Volvo Eicher domestic sales decline by 3% in December 2020
• Royal Enfield domestic sales rise 35% to 65,492 units in Dec
• Yamaha Motor India posts 33% increase in December 2020 sales
• Sonalika Tractors posts 57.65% jump in total sales at 11,540 units in Dec
• M&M Farm Equipment Sector posts 23% growth in domestic sales in Dec 2020
• Escorts Tractors domestic sales grow by 90% in December 2020
Passenger Vehicle
• Mumbai: Car registrations fall 22% short of 2019 as Covid plays spoilsport
• Electric vehicle maker Tesla to deliver China-made Model Y SUVs this month
Policy
• Dec GST collection hits record high, crosses Rs 1.15 lakh cr
Industry
• In 10 yrs, major Kerala roads to see 40% surge in peak hr traffic
• RoDTEP benefits subject to conditions, restriction, fulfilment of procedural requirements: FinMin
• Bank credit grows at 5.4% in September quarter: RBI
• Indian nuclear R&D units to transfer 25-30 technologies to industry in 2021
• No FASTag on over 30% Pune vehicles
• The biggest tech trends to watch out for in 2021, from Fintech to E-Commerce
• Union Budget 2021 to set course for economic pick up after COVID carnage
• Britain ends long Brexit journey with economic break from EU
• Decision to put off 100% toll collection via FASTag hailed
• RInfra completes 100% stake sale of its Delhi-Agra toll road
• Tesla short sellers lost $38 billion in 2020 as stock surged
Tyres
• India may impose anti-subsidy duty on imports of Butadiene Rubber from Korea
Oil & Lubes
• Rise in fuel sales in 2020 shows signs of economic recovery: IOC
 
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