Morning Daily - 2021-03-05

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ETAuto Newsletter | Friday, March 5, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• Tata to go solo, no tie-up with Tesla, says Chandra
• No RTO visits needed anymore! MoRTH makes 18 RTO services online based on Aadhaar authentication
• Auto decline started before pandemic: ZF
• Request Haryana govt to reconsider 75% job reservations for locals: ACMA
• Maruti Suzuki Brezza crosses cumulative sales of 6 lakh units in 5 yrs
• Tata Motors launches Tiago XTA with AMT gearbox at Rs 5.99 lakh
• TVS Eurogrip launches 11 new products for 2-wheelers and e-rickshaw
• Knorr must buy Bosch's 20% stake in its commercial vehicle system JV: CFO
• Marelli launches power module for motorsports applications
• CNH Industrial invests in US-based electric tractor startup Monarch
• Honda's part self-driving Legend a big step for autonomous tech
• Volvo C40 Recharge launched, production to begin late 2021
• What the global chip shortage means for the auto industry and car buyers Driving
• GM to build a second multibillion-dollar battery factory Detroit Free Press
• Five Ways To Overcome Job Search Burnout Forbes
• Council Post: How Automation Will Impact Future Job Markets: 10 Predictions Forbes
Passenger Vehicle
• Skoda offers sneak-peak into Kushaq SUV interiors
• GM looking to build 2nd US battery factory, Tennessee likely
• BMW launches MINI Countryman in India at starting price of INR 39.5 lakh
• Hyundai profit hit after electric car recall, but LG Chem seen bearing bulk of costs
Two Wheelers
• Bajaj Platina110 ABS launched at INR 65,296
• Maharashtra: Costly fuel propels demand for electric scooters
Auto Components
• Champion industry, aluminium, looks for 5% RoDTEP rate to boost exports
• Lithium giant Albemarle slams Chile over 'unjust' withholding of Atacama study
• Spain to use EU funds for electric-car battery plant with SEAT, Iberdrola
• DeepGreen to go public via $2.9 bln SPAC deal
• Unifrax introduces Li-ion battery anode technology with high energy density
• U.S. will review impact of SK Innovation ruling on Biden green transportation goals
• Global semiconductor shortage spurs run on vintage chipmaking tools
Industry
• Atal Innovation Mission partners with MathWorks to strengthen India's deep-tech startup ecosystem
• Rupee slumps 27 paise to 72.99 against US dollar in early trade
• Indian state's hiring rule spells disaster, industry group warns
• Labour codes face delay as states fail to frame rules
Tyres
• JK Tyre partners CarDekho, AutoBrix for doorstep services
Oil & Lubes
• Oil extends gains on OPEC+ supply restraint, expected demand recovery
• India asks OPEC+ to fulfill promise of stable oil prices
• No change in fuel prices for fifth day; petrol remains at Rs 91/litre, diesel at Rs 82/litre
• Petrol price can come down to Rs 75 if brought under GST, but there is lack of political will: SBI Economists
• OPEC+ set to boost oil output as demand, prices rebound
Commercial Vehicle
• Isuzu to increases prices of D-MAX range of commercial pick-up trucks
• Euler Motors raises INR 30 crore as part of ongoing Series A funding
• Omega Seiki Mobility opens dealership in New Delhi
• E-buses to ply on Rajkot city roads by March end
• People using public transport less prone to Covid reinfection, finds study
Aftermarket
• Italian court lifts special administration for Uber Italia
• Bolt raises $24 million from IFC for emerging markets push
 
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