Morning Daily - 2021-04-28

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ETAuto Newsletter | Wednesday, April 28, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Maruti Suzuki Q4 FY21 profit declines 10% YoY
• Ssangyong Motors may shed some senior executive jobs as part of cost cutting
• TVS Motor Q4FY21 net profit soars to INR 289 crore on strong 2W sales
• Uli Stuhec joins M&M to develop "born EV platform" in Detroit
• Kia India targets to sell 2 lakh vehicles in FY22 despite pandemic
• Copper hits over 10-year high on supply woes, demand revival hopes
• Suzuki reduces number of shifts as Covid hits auto hub
• Stellantis appoints Roland Bouchara as CEO & MD for India operations
• Ford to develop, produce its own electric vehicle batteries
• Schaeffler India Q1 profit up 78% at INR 139.5 crore
• Switch Mobility partners with TVS Supply Chain Solutions for green logistics network
• Chinese demand drives tyre maker Michelin back to growth
• Huawei Launches HarmonyOS powered Smart Cockpit Solution
• Lockdowns pull down business activity to 76% of pre-pandemic level; unlikely to impact GDP: Report
• EVs finally beginning to fulfil prophecies in 2020 as sales grew 40.9% YOY Power-technology.com
• What AI Founders Think About Human Jobs In And After The Pandemic Forbes
• Forbes India, Indeed and industry leaders come together to explore jobs of the next decade Forbes India
Passenger Vehicle
• Tesla sold bitcoin to prove liquidity as cash alternative: Elon Musk
• British sports carmaker Lotus aims to expand, go all-electric by 2028
• Hyundai debuts Kona N, aims 18 models in performance portfolio
• Auto group backs guidelines for partially automated vehicles
• Tesla edges past Wall Street revenue target, boosted by regulatory credits, China demand
• Thai March domestic car sales jump 25%, exports at 2-yr high
• The Nio normal: Chinese electric carmaker seeks to plug buyers into lifestyle app
• Kia India to enter new segment early next year
Two Wheelers
• Harley-Davidson debuts Icons Collection with Electra Glide Revival
Auto Components
• Intel's Mexico unit sees 'light at end of tunnel' in chip shortages by year end
• Decade-long platinum decline ends as hydrogen boosts outlook: Reuters poll
• U.S. auto industry to press Congress again on chips shortage
Industry
• Jagdish Khattar built scale, ground connect in Maruti
• Lockdowns could disrupt supplies, fuel inflation: RBI report
• Shipping containers plunge overboard as supply race raises risks
• ABB may list electric car charging business, profit rises by a third
• Schlumberger names new executives to energy transition business
• Steel and petroleum PSUs lead the oxygen battle in the country
Oil & Lubes
• Oil rebounds to $66 ahead of OPEC+ meeting, India's Covid surge weighs
Commercial Vehicle
• Toyota steps into commercial EV space in Europe with Proace
• New school & inter-city buses to have fire alarm & suppression system, govt proposes changes in vehicle standards
• Hino, Ree to jointly develop electric commercial vehicles
Aftermarket
• Chandni Kakkar joins Uber as Senior HR Specialist
• Ola grounds e-cab fleet since 1 year, drivers struggle to earn livelihood
 
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