Morning Daily - 2021-03-23

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ETAuto Newsletter | Tuesday, March 23, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• LTC benefits adds to the mad car rush in March
• Vehicle Scrapping Policy: Rules for fitness tests and scrapping centers to come into effect from October 1
• Top 10 two-wheeler models in Feb 2021
• Maruti Suzuki India to raise prices to tackle higher costs
• The best of Mahindra is yet to come: Pawan Goenka HBL
• NHAI suffers Rs 814 crore toll revenue loss in Punjab, Haryana, Rajasthan due to farmers' protest
• Goldman Sachs sees 20% downside in Tata Motors stock
• Central govt's tax collection on petrol, diesel jumps 300% in six years
• One year of pandemic: How SKF CFO survived the supply chain scare
• India to launch supercharged push for global electric vehicle players
• Heavy tax burden on luxury car segment: Audi Indias Balbir Singh Dhillon HBL
• Govt explores introduction of 'flex-fuel' vehicles in India
• Auto industry braces for more chip shortages after fire
• Audi drives in S5 Sportback at introductory price of INR 79.06 lakh
• Jeep Magneto hints at Wrangler EV arrival
• Fire at chipmaker further tightens supply to car sector: Bosch
• Apple car would be welcomed by parts maker pivoting to EVs
• Tesla rallies after Ark Invest predicts $3,000 stock price
• Deadliest Places For Walkers Ranked In New Pedestrian Danger Index Forbes
• User (Un)Friendly: The 10 Best And Worst States For Motorists Forbes
• Dreading The Idea Of Returning To The Office? How To Talk To Your Boss About Staying Remote Forbes
Passenger Vehicle
• Japan car makers scramble to assess impact of Renesas auto chip-plant fire
• Audi to cut water consumption in production to half by 2035
• GM says no reason to cut Brazil auto production as rivals curb output due to pandemic
• Increasing Indians are willing to buy electric vehicles: Survey
• Volvo cuts Brazil truck production due to semiconductors shortage, pandemic
• VW's SEAT wants to build battery assembly plant in Barcelona area
• 'Das Auto' goes electric as VW takes on Tesla
• Days after Skoda Kushaq, Volkswagen set to unveil Taigun
• U.S. senators press Biden to set end date for gas-powered car sales
Two Wheelers
• Electric 2-wheeler space ready for disruption with entry of OEMs: Report
• TVS Motor plans to increase women's participation in workforce from 15% to 25%
Auto Components
• Booming demand and shipping costs feed aluminium rally
• REE Automotive reveals 5 new design architecture, platforms for commercial EVs
Industry
• Maruti shortlists three new startups under innovation initiative
• Strong GDP growth in FY22 to drive logistics demand: Ind-Ra
• Average daily FASTag collection crosses Rs 100 crore-mark: Nitin Gadkari
• India will have to leapfrog every major economy to reach net zero by 2050
• India Inc backs Aatmanirbhar pitch, vaccine diplomacy, puts focus on job creation
• Loan moratorium: SC to pronounce verdict on Tuesday on pleas for relief from trade bodies
• Supply bottlenecks leave ships stranded, businesses stymied
• Delhi's air quality remains in 'poor' category
• Foxconn shares rise over 3% after news of talks with Vinfast about EV partnership
• Pandemic pushes back India's $5-trillion GDP goal by 3 years to FY32: Report
• Manufacturing gaining lost momentum in Quarter 4: FICCI survey
• To widen NHs, roads ministry seeks to skip green approvals
• Analysis: Electric shock - German auto stocks get a new lease of life
• Vehicle scrapping policy: Insufficient incentive unlikely to trigger replacement, says Jefferies
• Capital Calls: Tata Motors hits leadership pothole
Oil & Lubes
• India's crude imports fall in February as demand slows, new virus wave looms
• Saudi Aramco's debt-to-equity ratio more than doubles in 2020
• Central govt's tax collection on petrol, diesel jumps 300% in six years
• Fuel price: Petrol, diesel prices remain unchanged on Monday
• Crude oil drops on concerns COVID-19 issues in Europe will delay demand recovery
Commercial Vehicle
• Gahlot urges commercial vehicle owners to shift 50% of fleet to electric mode
Aftermarket
• Canadian Acuva Technologies brings its surface sanitizer to India
• Low tips, long waits: DoorDash takes on drivers' Walmart gripes
Auto Technology
• Trumpf acquires Lantek to expand software capabilities in sheet metal processing
 
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