Morning Daily - 2021-02-08

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ETAuto Newsletter | Monday, February 8, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• ETAuto Exclusive: Product defines brands in Indian auto industry
• Mahindra expects global business losses to shrink with Ssangyong exit
• Hyundai, Kia say they're not in talks with Apple on autonomous cars
• Benefits on buying new vehicles on scrapping of old; taxes, other levies for polluting cars: Gadkari
• Confused about charging? Factors in favour of EVs
• Mahindra hints at hiking vehicle prices in Q1 next fiscal
• How to deal with old cars? Delhi has started early
• 4 out of 10 Indian CEOs will prioritize employee well-being over profit: Study
• GreenCell says investing Rs 400 cr in PMI Electro consortium to deploy 350 e-buses in UP
• Toyota receives 2,819 US patents in 2020
• TVS Motor plans slew of launches in H1 of next fiscal HBL
• Ultimate aim: Mass conversion of electric cars The New Indian Express
• Confident of Tesla investing in state: Industries minister Desai
• What India's new Foreign Trade Policy can and needs to do
• Taiwan should join global semiconductor alliance against China: Expert
• IMF chief warns of 'lost generation' if low-income countries don't get more help
• The Future Of Work And The New Workplace: How To Make Work Better Forbes
• How To Sustain Company Culture In A Hybrid Work Model Forbes
Passenger Vehicle
• Hyundai to reshore some US production to keep local jobs
• Apple talks with Hyundai, Kia on electric car paused recently
• Renault and Stellantis cut some production as chip shortages bite
Auto Components
• Samsung seeks tax breaks for new chip plant in US
Industry
• Govt aims to raise MSMEs' share in GDP to 40%: Gadkari
• Confident of reducing fiscal deficit to 4.5% of GDP by FY26: Exp Secy
• Scrappage policy to make India top auto hub in world: Gadkari
• Over Rs 32 crore fraudulent transactions from bank accounts: NHAI
• Govt to work with RBI for execution of bank privatisation plan: Sitharaman
• 'No extension on 100% FASTag implementation'
• Bengal: Road tax relief for passenger transport
• FDI cap hike to raise insurance penetration, help attract overseas funds: Experts
• India's rating shouldn't come under pressure due to higher deficit: DEA Secy
• India, EU talk restarting bilateral trade, investment pact with interim agreement
• Economic growth will only move upwards: Shaktikanta Das
• Finance Ministry permits 4 states to borrow additional Rs 5,034 crore post ease of doing biz reforms
• Vehicle scrapping plan will create jobs, lower costs: Nitin Gadkari
• Large fiscal deficit could be inflationary but not an immediate threat: Crisil Research
• NBFCs to get funds under on tap TLTRO scheme for incremental lending: RBI
• Cybersecurity job postings rise 16% in January: Report
• RBI announcements reflect its commitment to take economy on growth path: Industry experts
• Aim to achieve $25 billion in defence production and 5 billion exports by 2025: Rajnath Singh
• Investment on highways set to jump by 400% in 2021-22 as compared to 2014-15
Oil & Lubes
• Petrol and diesel prices unchanged for 2nd consecutive day
• Oil hits highest in a year on growth hopes, OPEC+ cuts
• On India protest, Opec keeps Asia oil price unchanged
• ONGC cuts carbon intensity by over 12% in 5 years: Chairman
• Diesel one paisa shy of Rs 84 in Mumbai; 3-hour chakka jam today by transporters
Commercial Vehicle
• RTO pulls up 3,000 private bus operators across Maharashtra
• Centre's scrappage policy will not affect APSRTC operations
• Amazon orders hundreds of trucks that run on natural gas
• Daimler to keep "protective hand" on truck unit after spin-off
• IRCTC launches its online bus booking services
Aftermarket
• Book HSRP online, get numberplate installed at your doorstep
Auto Technology
• High-tech system to ensure quick treatment to highway accident victims
• IIT-BHU inks MoU for R&D on road safety engineering
 
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