Morning Daily - 2021-02-17

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ETAuto Newsletter | Wednesday, February 17, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• How frequent tyre price hikes place retailers in a dilemma?
• Chip crisis: Production of nearly 1 mn vehicles could get impacted in Q1, says IHS
• Ampere Electric to invest INR 700 crore in EV manufacturing plant in Tamil Nadu
• Contrary to the rest of auto industry, world's largest carmaker doesn't have a chip-shortage problem
• As petrol nears Rs 100/litre, EVs running at one-tenth cost
• Indian economy on track for recovery: S&P
• Road Transport Ministry has taken initiative for alternative fuels: Gadkari
• Kinnect bags the digital media mandate for TVS Motor Company
• Auto supplier Bosch to evaluate Saudi business potential
• Recovering petroleum demand to support OMCs profitability: Fitch
• A look at Jaguar's journey from manufacturing sidecars in 1922 to going all-electric by 2025
• BMW India launches SportX petrol variant of SUV X3 priced at Rs 56.5 lakh
• Hyundai Motor's India spend tops $4 billion in last 25 years @businessline
• The electrification of the auto industry is speeding up-and shaking up the energy economy Fortune
• Why You Need Your Ego For Job Performance And Career Success Forbes
• Older Workers Are Being Pushed Out Of The Job Market Forbes
Passenger Vehicle
• How McLaren aims to rebuild supercars to roar into electric era
• Japanese refiner Idemitsu enters car market with plans to launch electric vehicle next year
• Toyota to suspend output from nine factories in Japan due to quake
• Cars24 hires Kunal Mundra as CEO Cars India
• Restructuring inevitable for Renault Samsung for survival: CEO
• Tata Motors-owned Jaguar Land Rover to go 100% electric by 2039
Two Wheelers
• Kabira Mobility launches KM3000 & KM4000 electric bikes
• Honda premiers CB350RS in India at a starting price of INR 1.96 lakh
Policy
• Indian firms to gain from liberalised mapping policy
Industry
• Business optimism for Jan-Mar quarter turns positive: D&B Survey
• Most Indian firms to turn to AI for decision-making by 2023
• Unacceptably high levels of carcinogens inhaled by commuters
• Wanna catch 'em young? Here's the scuttlebutt on EV frontrunners
• GDP to be in growth territory in December quarter, says report
• Bangladesh eyes investment gain as Japanese firms exit China
• India on verge of leaving Covid behind & see near-full recovery
• NHAI plans to monetise projects worth Rs 3 lakh crore
• Lucid Motors nears SPAC deal as Klein launches financing
• Several companies freeze operations as severe weather disrupts parts of U.S.
Tyres
• MRF announces bonus for employees after a sharp recovery in business
• French tyre major Michelin, IIT Bombay join hands for sustainable mobility research
• Michelin sales skid but tyre giant keeps grip on profit
Oil & Lubes
• National Hydrogen Mission: Leapfrogging towards India's cleaner future
• Sharp jump in petrol, diesel prices for 8th consecutive day
• Focus on infra spending in Budget 2021 expected to boost petrochemicals demand: Govt
Commercial Vehicle
• Hyundai Motor's electric bus catches fire in South Korea
• Buy e-tickets for all DTC buses in a couple of months
Aftermarket
• Hiranandani Group to set up industrial, logistics and data center park in West Bengal
• TVS Motor opens new dealership in UAE with Public Motors
Auto Finance
• NBFC stressed assets may hit Rs 1.5 to 1.8 lakh cr by fiscal-end
• Regulation and Development must go hand in hand: NBFCs
 
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