Morning Daily - 2021-01-28

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ETAuto Newsletter | Thursday, January 28, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• CE industry seeks budget support for 'Vision Plan 2030' to make India manufacturing and export hub
• ETARF: How to overcome auto financing challenges in post pandemic era?
• ETARF: Trends shaping tractor retailing in India
• Jaguar Land Rover appoints creative chief to board as it redefines strategy
• Taiwan says chipmakers to prioritize auto chips amid global shortage
• Daimler expands BS-VI BharatBenz portfolio with 8 new launches
• 2021 Jeep Compass launched at an introductory price of INR 16.99 lakh
• BorgWarner to supply transfer cases for Nissan SUV and Pick-up
• Tax relief likely for expats hired for PLI jobs
• OPINION: Budget 2021-22 - Expectations from the Oil & Gas sector
• India may not hit pre-Covid growth levels before 2025: Gita Gopinath
• Nissan to cut around 160 office-based UK jobs
• Top 10 Global Automotive Trends, 2021 Forbes
• Global Semiconductor Shortage Poses Threat to Detroit's Auto Industry Wdet.org
• The Impact of AI in the Automotive Industry CDOTrends | Digital Insights for Business Leaders
• How To Find Your Own Personal 'Ikigai' To Get The Job You Love And Live Your Best Life Forbes
Passenger Vehicle
• Tesla reports $721 mn in 2020 earnings, first profitable year
• Fiat Chrysler to plead guilty, pay $30 million to resolve U.S. criminal labor probe
• Nissan says all new vehicle offerings in key markets to be electrified by early 2030s
• EU looks to Tesla, BMW and others to cut imports from China
• Volkswagen asks US Supreme Court to reverse ruling on local emissions claims
Two Wheelers
• Hero MotoCorp to enter Mexico in partnership with Grupo Salinas
Auto Components
• Govt may address inverted duty structure for certain steel products in Budget: Sources
• Copper to retreat from peaks as China demand eases
• Volkswagen MEB models to use ZF brake control systems
• China industry ministry pushes copper use in 5G, electric vehicles
• LG Chem fourth-quarter profit misses expectations but positive on Tesla battery supplier
• JLR promotes research in lightweight composites to boost EV range, performance
Industry
• Bonds in India head for losses with near-record debt sales seen
• Want to invest in auto sector? Consider Eicher, Tata Motors, Ceat
• Budget could allocate 12-14% more for spending
• Auto recovery fuels optimism for Europe's earnings season
• Elon Musk's shy 36-year-old finance chief, Zachary Kirkhorn, behind Tesla's remarkable turnaround
• Rupee rises 8 paise to 72.86 against US dollar in early trade
Oil & Lubes
• Branded petrol crosses Rs 100-mark in Rajasthan; prices at all-time high across the country
• Budget 2021: Make in India boost, oil cess may be halved
Commercial Vehicle
• Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks
Auto Technology
• Tata Elxsi, Syntiant to provide low-power edge AI device development for voice applications
 
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