Morning Daily - 2021-03-30

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ETAuto Newsletter | Tuesday, March 30, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Small SUVs see highest price hikes in 3 years
• Minda Industries to invest INR 250 Cr in expansion of four-wheel lighting and alloy wheel businesses
• SsangYong blacklisted as auditor rejects companys financial statement for 2020 HBL
• Can India catch-up with the rest of Asia in EV production?
• India's top steelmakers to hike prices by up to Rs 4,000 per tonne from April
• Wheels India to execute deed to join TVS family brand agreement
• Over 4 cr old vehicles on Indian roads, Karnataka tops list at 70 lakh
• Rs 83 lakh loss as auto dealers not made to pay new rates: CAG
• Canal service provider says container ship in Suez set free
• Nitin Gadkari to inaugurate projects worth over Rs 2,000 crore on April 3
• Nagpur: Automobile spare parts worth Rs 7 lakh gutted in fire at 3 workshops
• US proposes retaliatory action against India's equalisation levy
• MG Cyberster EV teased ahead of unveil on March 31
• Skoda unlikely to drive in electric vehicle in India anytime soon
• Andhra Pradesh govt to buy 1 lakh electric two-wheelers for staff
• Great Wall to roll out its first hydrogen fuel-cell SUV model this year
• Bridgestone to shut Japan bicycle plant in turnaround move Nikkei Asia
• VW to brand EVs 'Voltswagen' in U.S., source confirms Automotive News
• Five Ways To Build Trust And Psychological Safety With Your Hybrid Team Forbes
• This Is The Future Of Work For Women Forbes
Passenger Vehicle
• Delhi has 3rd highest share of 15-year-old vehicles in India
• Toyota Kirloskar to hike vehicle prices from April
• India a potential market for recently-launched new-gen Panamera sedan: Porsche
• Hyundai Motor to suspend production in S.Korea due to chip shortage: Report
• Buffett-backed Chinese EV maker BYD profit up 162% in 2020
• Cazoo's $7 bln deal depends on European car drive
• Volkswagen recalls Audi A3s in the U.S. over air bag concerns
• Honda agrees to sell British car plant to logistics giant Panattoni
• Volkswagen Mexico plans production cutbacks in March, April
Two Wheelers
• Noida may allow operators to use 25% of e-cycle stations for ads
• 'Faster electrification of urban focused scooters expected'
Auto Components
• Renesas says damage from fire at chip factory worse than first thought
Industry
• Supreme Court upholds NCLT's views on giving clean chit to Tata Group
• MSMEs look at Foreign Trade Policy for relief from up to 50% spike in input, fuel costs
• In Suez Canal, stuck ship is a warning about excessive globalization
• View: A lucky half-century for this $50 million Tata stake comes to an end
• International reinsurers stare at big losses from Suez Canal's blockage, says Fitch Ratings
• India, US agree to revamp strategic energy partnership
• Suez Canal blockage adds to pressure points in global trade
• Toyota presses Australia to promote roll-out of hydrogen fuel stations
• Govt data shows recovery in job market
• Tesla ordered to rehire worker, make Elon Musk delete tweet
• Shock-weary global economy girds for supply jolt from Suez mess
• NHAI suspends key personnel of L&T, AECOM after Dwarka Expressway mishap
• Adani Road Transport incorporates wholly-owned subsidiary
• Tech firm Netradyne ties up with Drive Smart Drive Safe to analyse road accidents
• Suez Canal blockade: Exporters' bodies to identify cargo for priority movement
• We want customers to keep coming back to us rather than look anywhere else: Sanjiv Bajaj
• US transport secretary mulls mileage tax for infrastructure
Oil & Lubes
• Domestic fuel rates expected to fall as Covid surge dampens crude oil cost
• India terms Saudi Arabia response to call for more oil supplies 'undiplomatic'
• Ethanol sale for compatible automobiles to boost demand: Report
• Repsol seeks EU funds to develop biofuels, 'green' hydrogen, hydropower
• BPCL sells 54.16 per cent stake in NRL to OIL; 4.4 per cent to EIL
• NHPC, BHU join hands to research on hydrogen energy development
• Addicted to cheap fuel, emerging markets like India, Brazil face a climate dilemma
Commercial Vehicle
• U.S. safety agency says it will gather information on Tesla-truck crash in New Jersey
Aftermarket
• China Evergrande to raise $2 bln in pre-IPO for property, car marketplace unit
• UK competition watchdog clears Uber's Autocab takeover after raising concerns
Auto Technology
• Boston Dynamics introduces 'Stretch', new warehouse worker robot
• ECARX to launch 7nm auto chip with Arm China, to be built by TSMC: CEO
 
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