Morning Daily - 2021-03-27

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ETAuto Newsletter | Saturday, March 27, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• M&M board approves consolidation of Mahindra Electric Mobility
• Ford India to drop Mahindra engines from its future products, to rely on own engines and products as part of future Independent operation
• Govt extends validity of vehicle documents till June 30, 2021
• Opinion: Can Compressed Biogas become an alternative to costly petro-fuels?
• India will not extend 2022 deadline for tighter fuel-efficiency rules for carmakers
• Anish Shah to take charge as MD & CEO of Mahindra & Mahindra from Arpil - ET Auto
• Tata-Mistry case: Supreme Court rules in favour of Tata Group, junks appeals of Cyrus Mistry camp
• Ashok Leyland launches 4-axle truck AVTR 4120 with additional 5 tonne payload
• Bajaj Auto, Pierer Mobility shared platform vehicles to roll out in 2022
• Chronology of events in Tata-Mistry case
• European Autos, Heavily Reliant On Asian Components, Need Quick End To Suez Blockage Forbes
• Tesla bull predicts Elon Musk could be a trillionaire in four years
• Government chalks out four-point plan to deal with blockage of Suez Canal
• Delhi Cabinet approves proposal to engage 300 fully electric air-conditioned buses
• JLR's EV launch, growth in PV, CV segments boost Tata Motors' prospects HT MINT
• Marelli announces key appointments in innovation, electrification, ADAS and electronics
• Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant -sources
• Wabco India surges over 18% as OFS for retail investors opens today HBL
• Indonesian state companies set up EV battery developer Nikkei Asia
• How Brand Management Impacts Your Negotiations Forbes
• The Difference Between Freelancers And Traditional Employees Is Shrinking Fast. Here is Why Forbes
Passenger Vehicle
• VW seeks damages from ex-CEOs over dieselgate scandal
• Mercedes set to unveil flagship electric sedan that boasts of 700 km of range beating Tesla's Model S
• Nissan-Renault rift at center of Japanese trial of Greg Kelly
• ESG wave crashes into Volkswagen's narrow straits
• Nissan cancels production at Smyrna, Canton plants for April 1st, 5th
• Chip shortage hits 5 Stellantis plants in North America
• Russia to produce new electric car this year: Industry minister
• Nio to temporarily suspend production due to chip shortage
Two Wheelers
• Ather 450X test rides begin in Mysore
Auto Components
• BASF warns chemicals could be left out of post-pandemic party
• Analog Devices' $21 billion Maxim buy set for EU approval: Source
• Copper futures rise on fresh bets
Industry
• Investment climate going well in India; private sector should skill workforce: CEA
• NHAI to raise Rs 1 lakh cr through monetisation of highways in next 5 years
• What if India Inc turns a hoard of crypto assets?
• Hardip Singh Goindi joins Three Wheels United as Chief Operating Officer
• Global container crunch deepens with boxships stranded in Suez Canal
• Etailers differ on e-commerce FDI policy in meeting with DPIIT
• India's economy on path of gradual recovery: IMF
• New India in making, infra to be no less than US, Europe in 5 years: Nitin Gadkari
• Government to companies: Disclose crypto trades
• High-level growth drives job creation, not only employment policies: Amitabh Kant
• CESL inks pact with CSC SPV to create demand aggregation for EVs, other initiatives
• Chemicals giant BASF, spurred on by customers, allocates up to $4.7 bln for CO2 cuts
• Battery swap station at Azadpur
• Suez Canal block could hit product supply chains
• S.Korea's LG shareholders approve plan to spin off affiliates
Oil & Lubes
• Further slide in fuel prices; petrol Rs 96.8/L
• Fuel-grade ethanol production: Bihar industries min asks SBI to change financing rules
• Reliance-Aramco deal likely if crude oil averages USD 65 per barrel
• After 2 days of fall, fuel price revision on a pause
• Exxon-Chevron deal could help kill fossil fuels
Commercial Vehicle
• Tata Motors signs MOU with SBI for financing light commercial vehicles
Aftermarket
• Uber to reopen San Francisco offices with limited capacity next week
• Massachusetts judge allows state lawsuit over Uber, Lyft driver status to proceed
 
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