Morning Daily - 2021-01-04

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ETAuto Newsletter | Monday, January 4, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
ETAuto Originals
• December redefines auto sales with robust demand
• Magnite with 30K bookings redrafts Nissan's destiny in India
Top Stories
• Automakers firm up growth plans for 2021 with cautious optimism
• COVID-19 found on multiple auto part packaging samples in China
• 'Boosting Tier-IV market presence and betting big on Sonet': Kia's 2021 masterplan
• Aiming India sales this year to be over 2019 levels: Lamborghini
• TVS Motors December sales grow 17.5% to 272,084 units
• Budget: Steel sector seeks relief in customs duty on key raw materials
• Why are EV stocks soaring? Tesla et al. know what legacy automakers don't market loves disruption ET Prime
• FPIs invest record Rs 62,016 cr in equities in December
• Liquidity-related relaxation to road contractors extend till June end
• Commerce ministry seeks views from ministries on proposed national logistics policy
• Labour ministry seeks feedback on draft model standing orders for manufacturing, mining, service sectors
• XCMG says agreed with Tsingshan Group to invest in $843 mln new energy project
• FCA recieves alternative buyout proposal from Chrysler heir
• New SUVs and trucks coming in 2021 Detroitnews.com
• 3 Tips On How To Stand Out In A January Job Search Forbes
• Want A New Career In The New Year? Take These 5 Steps Now Forbes
Passenger Vehicle
• Cuts likely as Fiat Chrysler-PSA tie-up nears approval
• Spinny to expand to Mumbai, Kolkata, 2 other cities in 2021
• Tesla's annual sales up 36% but comes short of delivery goal
Policy
• 6.03 crore GST e-invoices generated in Dec 2020
Auto Components
• FIMI urges Centre to withdraw protective support provided to domestic steel players
• Tata Steel transfers stake in processing arms to TSDPL
Industry
• Gurugram: 600 industrial units hit by power blow for three days
• Private banks witnessed rise in NPAs in large borrowal accounts in FY20: RBI
• NHAI to use software to track delays in files processing, says Union Minister Nitin Gadkari
• Reliance, BP commit to pay for any shortfall in KG-D6 production to buyers
• Bank credit grows at 5.4% in September quarter: RBI
• Imports go up for 1st time since last Feb, exports dip 0.8%
• Government crackdown on 7,000 GST evaders, 185 arrested
• India's Non-Financial Sector debt growth remains subdued in 2QFY21, says report
• 2020-21 rabi foodgrain output may surpass previous record: Narendra Singh Tomar
• Exports slip 0.8% in December 2020; trade deficit widens to USD 15.71 billion
• RBI launches surveys to get inputs for monetary policy
• FASTag usage up by 10% at NH toll plazas in Trichy
Oil & Lubes
• The Gulf Cooperation Council: A bloc in crisis
• Retail fuel prices remain unchanged across metros
• New year OPEC+ meeting to decide oil production levels
• Oil prices slip after OPEC warns of downside risks to demand in first-half 2021
Commercial Vehicle
• Karnataka: KSRTC fails to explore non-fare revenue sources
• Mumbai: BEST announces new AC bus routes
Aftermarket
• 'Tier-2 and Tier-3 Indian cities will witness a surge in travel demand in 2021'
 
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