Morning Daily - 2021-02-12

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ETAuto Newsletter | Friday, February 12, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• Passenger vehicle sales surge continues with 11% rise in January: SIAM
• Low sales erode Ashok Leyland Q3 profit by 33% at INR 32.32 crore
• 'Automakers' profitability likely to weaken after strong Q3FY21'
• TVS Group files scheme of amalgamation with NCLT
• Govt aims to support through subsidies 62,000 e-cars, buses; 15L electric 3-, 2-wheelers: Gadkari
• Bosch Q3 net profit declines 3% to INR 184.25 crore
• Fleet electrification will make biggest contribution to decarbonise road transport: Study
• MRF Q3 net proft rises two-fold to Rs 521 crore
• Govt to come out with policy on advanced battery tech to power EVs, India eyes No 1 slot: Gadkari
• MG introduces Hector 2021 CVT automatic transmission at INR 16.51 lakh
• Tata Motors launches Founders Edition of new Forever cars, SUVs for employees
• New Royal Enfield Himalayan in market at INR 2.01 lakh
• BorgWarner launches HVH 320 electric motors in four variants
• Global shipping turmoil expected to calm down by mid-year
• How Covid led to a $60 billion global chip shortage for the auto industry CNBC
• Japan keeps auto industry's hydrogen dreams alive Spglobal.com
• Council Post: What Makes A Good Job? Forbes
• Survey: Nearly Half of Americans Know Someone Who Has Lost Their Job In Past 6 Months Forbes Advisor
Passenger Vehicle
• Elon Musk's younger brother sells $25.6 million Tesla shares
• Investors lukewarm on Tesla's $1.5 billion bitcoin splurge
• Manufacturer for hire: China's Geely sets out to become a force in electric cars
• Smaller cars may be why crashes injure women more: Study
Industry
• India inflation staying above 6% seen as risk to rates path
• Indian exports picking up: Trade bodies
• White House working to address semiconductor shortage hitting auto production
• Umicore eyes 2021 profit boost from electric vehicles
• UAW, Detroit automakers plan worker coronavirus vaccinations
• EU told 1 million public EV charging stations needed by 2024
• Racing Team India set to kick start 24-Hours of Le Mans bid with Asian Le Mans debut
• Commercial EV makers losing business as lenders deny loans worried over resale value
• Electric vehicles force carmakers to reinvent the wheel, and brakes, and mirrors
Oil & Lubes
• Shell says to invest $5-6 billion annually in green energy
• Gulf Oil Lubricants signs pact to explore opportunities in EV charging space
• Fuel prices rise sharply, Mumbai sells petrol at Rs 94.36/l
Aftermarket
• Uber posts big loss as pandemic clobbers ridesharing, despite delivery offset
Auto Technology
• Ola to deploy ABB robotics and automation solutions at e-scooter factory in TN
• Hyundai unveils TIGER ultimate mobility vehicle concept
Automotive
• Nitin Gadkari to launch India's first CNG tractor on Friday
 
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