Morning Daily - 2021-01-30

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ETAuto Newsletter | Saturday, January 30, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• Carmakers face $61 billion sales hit from pandemic chip shortage
• Auto industry hopes to see broader policy support, fiscal sops in Union budget
• Workers union file multiple cases against General Motors in the Maharashtra Industrial Court
• Tata Motors worried by chip shortage, Brexit breakdowns
• ETARF: How luxury carmakers navigating through the crisis?
• TVS Motor Q3 revenue soars to INR 5,404 crore
• Cummins India Q3 PAT up 20% to INR 240.29 crore
• Tata Motors Q3 net profit jumps 67% to Rs 2,906 crore
• Car designer Dilip Chhabria's sister held in car financing, forgery case
• General Motors aims to end sale of gasoline, diesel-powered cars, SUVs by 2035
• Royal Enfield enters Japanese market; opens flagship store in Tokyo
• New Toyota tech unit promises world's safest drive
• Tesla Roadster production delayed to 2022: Musk
• Daimler beats forecasts in preliminary 2020 results
• Three Steps To A Well-Designed Career Forbes
• 12 Things To Consider When Vetting Recruiters To Find A Job Forbes
Passenger Vehicle
• Judge OKs extradition of 2 wanted in ex-Nissan boss' escape
• Hyundai wrestles with the risks of embracing Apple
Two Wheelers
• Ola Electric begins testing of electric scooter; to be launched very soon
Policy
• E-vehicles get UP CM's push, road tax may go
Auto Components
• Lithium price bust turns to boom as electric vehicle sales soar
• Taiwan to discuss supply chains with U.S. next week amid auto shortage
Industry
• India likely to post current account surplus after 17 years: Economic Survey
• Rupee gains 9 paise to finish at 72.96 against US dollar
• Exports may dip 5.8%, imports by 11.3% in second half of 2020-21: Economic Survey
• Highways construction to regain high pace of pre-COVID level: Eco Survey
• GDP growth rate for 2019-20 revised downwards to 4% from 4.2% earlier
• Biden's fuzzy math on 1 million new auto jobs
• Soaring fuel prices to lend wheels to CNG adoption in India: CRISIL
• Economic Survey underlines infrastructure's foundational impact on an economy
• Economic Survey: India needs to up its gross expenditure on R&D from 0.7% to 2% of GDP
• CCI rejects complaint against General Insurance Corporation of India
Oil & Lubes
• Weak diesel demand signals a slow rebound for industrial India
• SK Innovation sees gradual recovery in refining margins in 2021
Auto Technology
• SoftBank's Son expects mass production of driverless cars in 2 years
 
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