Morning Daily - 2021-02-03

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ETAuto Newsletter | Wednesday, February 3, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• Re-registration, fitness test fees of vehicles may be hiked
• Union Budget 2021-22: How did the auto industry react?
• Opinion: Budget 2021 creates highways for auto sector growth
• Auto sales remain well inside positive territory in January
• Anurag Mehrotra returns as the MD of Ford India, to curate new plan for independent operation
• ETARF Video: Digital visual discovery using 3D augmented reality
• The China Automotive Aftermarket: An Industry Update
• India's near-term fiscal deficit target higher than expected: Fitch
• Mahle completes the acquision of air conditioning business Keihin Corporation
• Juan Manuel Moll takes over as chief commercial officer of Marelli
• Renault, Daimler in talks to develop next generation large van
• Tesla gets lofty $1,200 price target as 'fireworks' not over
• Volkswagen looks at direct buying to secure scarce chips
• Mahindra launches XUV300 petrol automatic variant at INR 9.95 lakh
• GM's BrightDrop to make EV600s for Merchants Fleet The Detroit News
• Future Looks Bright For High Paying Contract Worker Jobs Forbes
Passenger Vehicle
• Tesla to fix touch screens, ending spat with US regulators
• Apple car to be based on Hyundai's EV platform
• Toyota, Fiat Chrysler drop support for Trump effort to bar California emissions rules
• Ford to invest $1 bln to upgrade South Africa operations
Two Wheelers
• Bajaj Auto domestic motorcycle sales decline marginally in Jan
• Yamaha Motor India Jan sales up 54% to 55,151 units
• Honda 2Wheeler domestic sales rise 11% in Jan 2021
Auto Components
• Panasonic boosts profit outlook on demand for Tesla batteries and home appliances
Industry
• Auto stocks rally for 2nd session; jump up to 15%
• NHAI to fine up to Rs 10 crore for major lapses in structures
• Govt proposes 10% hike in farm loan target for FY22; announces agri infra development cess
Oil & Lubes
• Indian Oil to monetise pipeline assets, says many investors interested
• Oil prices reach highest in nearly a year as producers restrain output
Auto Technology
• Volkswagen plans to challenge Google with own autonomous car software
Automotive
• Escorts Q3 profit up 86% at INR 286 cr
 
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