Morning Daily - 2021-02-23

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ETAuto Newsletter | Tuesday, February 23, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• FCA confirms Sub-4 Metre SUV as the third launch; to roll out locally assembled Wrangler next month
• India to clear 45 investments from China, likely to include Great Wall, SAIC: Sources
• Expect domestic PV industry growth in double digits in FY22: Tata Motors
• High gas, diesel prices in India prompt smuggling of fuel
• FCA to double sales network as launches of new SUVs are under way
• Tata Motors launches the Safari - the next piece of its plan to regain passenger vehicle glory
• Blackstone-owned auto parts firm Sona Comstar set for Rs 6,000-cr IPO
• New scheme for service exports with max sops for MSMEs proposed
• Vitesco Technologies develops new solution to reduce emissions in high-voltage hybrid vehicles
• Bharat Forge, Paramount Group to make protected vehicles in India
• Global IoT semiconductor component market to hit $80 bn in 2025
• Volkswagen and Audi to resume production in Mexico after gas shortages
• There's A Worldwide Shortage Of Semiconductors Hurting Car And Smartphone Companies, Here's How Investors Can Benefit Forbes
• European lockdowns drag down global sales in January Just-auto.com
• Lordstown Endurance EV pickup is going desert racing The Detroit News
• Getting America Back To Work Forbes
Passenger Vehicle
• Tata Safari vs Adventure Persona edition: Key differences
• In six months, all leased, hired cars for commute of Delhi govt officials will be electric vehicles: Kailash Gahlot
• Volkswagen to make decision on Bugatti in H1 - Automobilwoche
Auto Components
• France's Faurecia eyes 2025 operating margin above 8% of sales
• Implement a complete ban on steel exports, says Federation of Indian Minerals Industry
• Chile files arbitration suit against Albemarle over lithium royalties - newspaper
Industry
• Pandemic disruptions may delay GST rates revision in 2022 too
• S.Korea's export posts double-digit growth in 1st 20 days of Feb
• Here's why music is a must for young drivers!
• Bears take hold of market, Sensex crashes 1,100 pts
• Rules to make EV-chargers must in malls, flats will be laid: Karnataka Dy. CM
• Base metals surge, LME Copper at 9-year high on supply concerns
• NBFCs continue to lose market share in housing, private auto segments: Emkay
• GM expands Spring Hall Complex to produce electric vehicles
• 8 in 10 businesses worried about state-sponsored cyberattacks: Survey
• Baidu-Geely EV venture names Mobike co-founder as chief
• Opinion: Will EV be a harbinger of sustainability and affordability for India?
• OLX Autos appoints Gautam Thakar as global CEO
• After 9-month freeze, Centre starts clearing China FDI plans
• Bounce goes for second round of layoffs as demand for mobility lags
• Rupee bounces from worst Asia currency on flood of stock inflows
• 'Govt needs to promote basket of clean auto fuels, not just electric mobility'
Tyres
• Goodyear acquires Cooper in all-American tire combination
• Ceat tyres bring only women operated shoppes across India
Oil & Lubes
• Centre in bind but four states offer relief as fuel's on fire
• Petrol, diesel rates unchanged for 2nd consecutive day
• Share of Canada, US in India's oil imports surges to record high in January
• Oil producers eye long road to recovery as Texas begins to thaw
Commercial Vehicle
• Five electric AC buses start operating on Doon roads
• Indore to get 400 new CNG buses in March
• Frequency of bus travel to return to its pre-Covid levels: redBus
• AITWA calls for Bharat Bandh on 26th Feb, 2021, demands scrapping of new E-Way bill rules
• BMTC shelves plan to procure AI-enabled cameras to cut costs
• DTC to add low-floor AC buses to its fleet from June, e-vehicles by 2021-end
Aftermarket
• Rapido launches rental services for multi-point trips in six cities
• Hyundai launches 'Shield of Trust' maintenance programme
• Studds launches Ninja Elite Super D4 Decor Helmet at INR 1595
 
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