Morning Daily - 2021-04-19

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ETAuto Newsletter | Monday, April 19, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• CV down to half of the peak volume in FY21; How industry experts see the sector reviving in FY22?
• HAPPENING TODAY at 11:30 - Fireside Chat on Year End Round Up with Mr. Deepak Jain, President of ACMA
• Covid-19 hits passenger vehicle exports; shipments tumble 39% in FY21
• Copper is the new oil
• Auto plants work with skeletal staff in Maharashtra
• Transport sector facing loss of Rs 315 cr per day due to COVID-19 restrictions
• Private vehicle not a 'public place' as per Section 43 of NDPS Act: Supreme Court
• Nissan ramping up production at Chennai plant to meet robust demand for 'Magnite'
• A tale of two carmakers: GM and Toyota take different electric roads in China
• India to become Number 1 EV maker in world: Nitin Gadkari
• Chip shortage casts shadow on China's auto industry recovery
• Amtek Auto resolution takes new twist HBL
• Kinetic Green plans to follow affordable engineering model for light EVs Business-standard.com
• 5 Job Search Mistakes That Keep You From Getting Hired For Senior Roles Forbes
• Being Coachable Is Key To Landing Your Job - Or Investor Forbes
Passenger Vehicle
• Volvo to provide cars for Didi's self-driving test fleet
• Daimler to hire 1,000 programmers in Germany -Automobilwoche
• Volkswagen debuts ID.6 at Shanghai Motor Show, claims 588-km range
• Nissan to focus on fuel-sipping technology and electrification in China
• Renault seeks to generate 1 bln euros from 'circular economy' by 2030
• Offer withdrawal: Tata Motors pays damages to CEO-designate
• Kerala: Registration of CNG vehicles touches double digits in Ernakulam district
• Audi, Mercedes-Benz confirm new EVs for Shanghai Motor Show
• Union, automakers headed for fight over battery plant wages
Two Wheelers
• Andhra Pradesh to give e-bikes to govt employees on EMI
• Yatra signs Bajaj Auto as corporate travel customer
Auto Components
• Lithium-ion battery maker Lohum to invest up to Rs 250 crore in three years on capacity expansion
• Savannah moves closer to Portugal lithium mine with preliminary impact study approval
• Japanese chipmaker Renesas resumes production at fire-damaged plant
• Rising international prices boost steel exports from India
Tyres
• Kumho tyre plant plans $22M expansion to boost production
Industry
• NBFCs seek extension of MSME restructuring scheme till March 2022
• Gold at over 1 month high on inflation fears
• No plan for national lockdown, says Finance Minister Nirmala Sitharaman
• GST officers to be soon armed with real-time data on vehicles moving without e-way bills
• Bank credit records slowest growth rate
• Fiscal package may be on cards to maintain economic recovery amid Covid 2.0
• Toyota partners with S African fuel giant Sasol to pioneer hydrogen-powered mobility
• NCLAT dismissed DVI plea over resolution plan for Amtek Auto
• Prakriti E-mobility to facilitate free commute for COVID-19 patients to hospitals in Delhi
• FICCI appeals to avoid further lockdowns, writes to 25 CMs
• Indian economy in better shape compared to previous COVID-19 wave: CEA
• Second wave of COVID-19 poses risk to economic recovery; Q4 GDP to be hit: Report
Oil & Lubes
• Petrol prices unchanged across metros
• Oil falls amid surging coronavirus infections in India, other countries
• Crude to be around $60 a barrel in 2021
• Petrol, diesel price revision on hold again a day after cuts
• Clean crude? Oil firms use offsets to claim green barrels
• Covid curbs, manufacturing slack take toll on fuel consumption
 
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