Morning Daily - 2021-05-03

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ETAuto Newsletter | Monday, May 3, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Carmakers pull up wholesales in April as industry battles COVID-19 disruptions
• Automakers firm up measures to safeguard workforce amid COVID-19 surge
• India's fuel sales drop in April on Covid wave
• Vehicle ownership transfer: Road ministry notifies changes in motor vehicle rules
• Motherson Group completes acquisition of majority stake in Turkey's Plast Met Group
• Nitin Gadkari sets road construction target for next two years at Rs 15 lakh crore
• Kia lines up new model for Indian market; plans to ramp up production, sales network
• Exports jump to $30.21 billion in April; trade deficit at $15.24 billion
• Huge investment opportunity for US in Indian infrastructure, energy space: Gadkari
• Ola to take e-scooter to international markets this fiscal
• The price of the stuff that makes everything is surging
• Volkswagen expects chip supply to remain tight in coming months
• CarTrade set to file IPO papers, to raise up to 2,000 crore Mint
• Why It's The Right Time To Tell Your Boss You Want To Continue Working Remotely, Get A Raise, Promotion Or Search For A New Job Forbes
• An Interview With Gov. John Bel Edwards About Jobs For America's Graduates Forbes
Monthly Sales Report Card
• Maruti Suzuki records domestic sales of 142,454 units in April 2021
• Tata Motors posts domestic sales of 39,530 units in April 2021
• M&M records domestic sales of 34,432 units in April 2021
• Honda Cars posts 28% rise in domestic sales in April over March
• Kia India reports 16% dip in vehicle sales in April
• MG Motor retails 2,565 units in April
• Escorts sells 6,979 tractors in April 2021
Passenger Vehicle
• Tesla allows six more months to start German gigafactory
Auto Components
• Copper bonanza challenge for top producer Chile
• Intel seeks $10 billion in subsidies for European chip plant
Industry
• Bitcoin rises 6.54% to $57,098
• FPIs net sellers after 6 months amid Covid 2.0
• India Inc's foreign borrowings jump 24 percent to $9.23 billion in March
• Government appoints Rabi Sankar as next RBI deputy governor
• At least one year's up move left in commodities: Raamdeo Agrawal
• Tamil Nadu: Goods trains moved 26.8m tonnes during the pandemic
• The price of the stuff that makes everything is surging
• Major auto cos log subdued sales in April amid COVID-19
Oil & Lubes
• OMCs continue to hold petrol, diesel prices
• Rajasthan: Petrol sales down 20%, diesel 30% due to curfew
• Outlook for global Oil & Gas industry turns positive on high prices, demand: Moody's Investors Service
• Asia's No. 2 fuel guzzler eyes more exports as pandemic hits fuel demand
• Huge rise in coronavirus cases hit India's April fuel demand
Aftermarket
• Hype expands its services; eyes 300% growth by 2024
Auto Technology
• Spike in data breaches sends firms scrambling for cybersecurity cover
 
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