Morning Daily - 2021-04-27

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ETAuto Newsletter | Tuesday, April 27, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Live on, Lionheart! - A Tribute To Jagdish Khattar
• MG Motor to shut Halol factory for a week on rising Covid cases and parts shortage
• Tata Motors to optimise inventory levels as dealerships are closed in COVID-19-affected states
• Proxy advisory firms give thumps up to Motherson Sumi restructuring
• Maruti Suzuki Q4 net profit seen rising 38% YoY, sales may surge 30%
• Tesla posts $438 million profit in Q1 on strong electric vehicle sales
• Porsche India reports 52% increase in sales at 154 units in January-March quarter
• 2021 Suzuki Hayabusa launched in India at Rs 16.40 lakh
• Simple Energy plans to raise $15 million
• A month of national lockdown can eat up 1-2% of GDP: Report
• The idea of Swachh Udyog: Unlocking manufacturing growth in India
• Castrol Q1 results: Net profit nearly doubles on higher sales, cost-cutting
• When the chips are down: how to manage the global semiconductor shortage - Raconteur Raconteur
• Axalta Partners with Chery JETOUR to Promote Sustainable Development of China's Auto Industry Finance.yahoo.com
• Survey: Working Parents Will Quit Without Remote Work Forbes
• For Career Success, Pay Attention To The "Unspoken Rules' Forbes
Passenger Vehicle
• VW Mexico sets production suspensions over chip shortages
• Hyundai Alcazar, three-row version of Creta, launch delayed to May
• Supreme Court seeks U.S. government views on VW emissions case
• France's Le Maire to meet with Stellantis, Renault and will discuss aid for foundries
• Renault to cap top speed at 180 kmph, lays out EV strategy
• Tesla to add EV components recycling facilities at Shanghai factory
• 2021 Honda HR-V breaks cover with hybrid powertrain
• U.S. auto dealers are winners as chip shortage lifts vehicle profits
Two Wheelers
• 2021 Suzuki GSX-1000 breaks cover
Auto Components
• Hella gets orders for power electronics components from German companies
• ArcelorMittal, Vattenfall form hydrogen consortium with Shell, Airbus
• S.Korea's SKIET prices IPO at top of range to raise $2 bln
Industry
• What's driving Indians into cryptocurrency amid all the uncertainty
• Rupee rises 24 paise to 74.77 against US dollar in early trade
• Cryptoholders may get six-month exit window before ban
• Mumbai: Regular motorists can avail monthly pass through FASTag from Tuesday
• Oxford Economics lowers India's 2021 GDP growth forecast to 10.2%
• Gati-KWE upgrades logistics solution for SMEs
• MSMEs operating with 50% workforce
• The idea of Swachh Udyog: Unlocking manufacturing growth in India
• Jagdish Khattar, former MD of Maruti Suzuki India, dies at 78
• India's double-digit growth forecast in peril
Oil & Lubes
• OMCs keep petrol, diesel prices unchanged for 11th day
• Lockdowns, travel restrictions dampen fuel, ATF sale: ICRA
• Reliance, BP start production from second deepwater gas field in KG-D6 block
Aftermarket
• Uber pledges to boost safety for S.Africa drivers as accidents rise
Auto Technology
• Lyft sells self-driving tech unit to Toyota for $550 mln, moves up profit timeline
Auto Finance
• Mahindra Finance plans to separate fintech biz, mulls banking licence
 
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