Morning Daily - 2021-03-20

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ETAuto Newsletter | Saturday, March 20, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Newly-appointed CEO and MD Marc Llistosella not to join Tata Motors
• ETAuto TV: What happens to 15 years old cars in Delhi; here is what Delhi Transport Minister says | ET Auto
• Left-hand drive markets now go for Made in India vehicles
• Customers happy to buy vehicles even though petrol is over Rs 90 a litre, says Maruti's RC Bhargava
• 'Vehicle scrappage policy will send truck owner-drivers out of business'
• Electric cars are the future but dealers find it tough to sell HBL
• HDS: Unlocking a new era of sustainable mobility - ETAuto Cast
• Bajaj Auto's new dividend policy: What it means for investors
• Keep your carbon footprint under control. Get a valid PUC certificate
• Six charts show how hard it is for India to hit net zero by 2050
• Oil companies lose Rs 4 on petrol, Rs 2 on diesel due to price freeze
• Share of EVs in Delhi rose from less than 1% to 2.2% in 3 months: DDC vice chairperson
• Russian man pleads guilty in Nevada to plot to extort Tesla
• General Motors beefs up lobbying ranks as Congress looks to spend on electrification The Detroit News
• The Price To Pay For Success And Wealth: Young Goldman Sachs Bankers Complain Of 100-Hour Workweeks, Sleep Deprivation And Micromanagement Forbes
• How CEOs And Workers Feel About Working Remotely Or Returning To The Office Forbes
Passenger Vehicle
• U.S. safety agency reviewing 23 Tesla crashes, three from recent weeks
• Germany's Porsche posts record revenues in 2020
• Chinese military bans Tesla cars in its complexes
• Porsche AG's Meschke: advantages of IPO have been laid out
• Foxconn in talks with Vietnam's Vinfast on electric car partnership
• Targeting Tesla, China's Geely to launch new premium EV brand
• Italy, France did not discuss Rome buying Stellantis stake -minister
Two Wheelers
• Detel launches electric two-wheeler Easy Plus priced at Rs 39,999
• Link E-Scooter Gets Impressive New Technology But Existential Sector Questions Linger Forbes
Auto Components
• Plastic prices hit record high to stoke inflation concerns
• Renesas reports fire outbreak at chip plant in Japan
• U.S. looks to Canada for minerals to build electric vehicles -documents
• Aluminium rattled by signs of "green" disruption in China: Andy Home
Industry
• Are vehicles without FASTag illegal and cannot ply, asks HC in Mumbai
• Scrappage policy to give fillip to automobile industry volumes;spur demand for new vehicles:ICRA
• Evolving Workforce Practices for FY 21-22
• Highway toll booths to be removed, GPS-based collection within 1 year
• NCLT expected to witness surge in insolvency cases
• India's economy may grow at 12% in 2021: Moody's Analytics
• Containerised import & export trade contracts 6.5%
• India needs to grow at 10.5-11% in next fiscal: Niti Aayog VC Rajiv Kumar
• Swedish EV charging company Charge Amps raises $15 million
• HDFC Bank's MSME book grows 30% to cross Rs 2 trillion-mark
Oil & Lubes
• Bharat Petroleum divestment makes headway, more steps needed: Fitch
• Petroleum Secretary clears air on GAIL disinvestment, lays out blueprint to push Atmanirbhar in oil
• India facing high fossil fuel consumption challenge: Official
Commercial Vehicle
• Zyngo to deploy 500 vehicles linked to Sun Mobility swapping network by year-end
• Tata Motors forays into compact ambulance segment
• Kadamba set to flag off electric buses next week
Aftermarket
• Gig workers get a shot in the arm after Uber grants UK drivers labour rights
Auto Technology
• Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others
 
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