Morning Daily - 2021-05-10

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ETAuto Newsletter | Monday, May 10, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Auto majors churn out vehicles with improved warranty schemes
• Maruti Suzuki India extends plant shutdown till 16 May
• Hero MotoCorp extends shutdown at its plants due to pandemic
• Tata Motors CV biz HR head resigns
• India topped 2020 vehicle imports into South Africa despite COVID-19 impact: Report
• Electrics may not form 1 per cent of cars by '24: Hyundai
• Maruti joins hands with two NCR firms to boost production of oxygen generator plants
• Mahindra evaluating options as commodity prices surge
• Amara Raja resumes production; says committed to environment and sustainability
• Copper just smashed past a record. Here's what you need to know
• Majority of SMEs qualify for restructuring says Crisil
• Vingroup says to scrap smartphone, TV production to support car venture
• This is how the global chip shortage will end Fortune
• China Tech Giants Bet $19 Billion on Global Electric Car Frenzy BloombergQuint
• Anticipation Of 1 Million New Jobs Dashed, As Only 266,000 Were Added In April Forbes
• Jobs Lost To Industrial Robots Amidst COVID-19 May Never Come Back To Human Beings Forbes
Passenger Vehicle
• Tesla Supercharger network reaches 25K-milestone
• BMW CEO expects chip investment wave to ease supply crunch
• Tesla admits Musk's 'full self-driving' claim not feasible yet
Auto Components
• Greaves Cotton sends congratulatory letters to employees' families as a part of performance appraisal
Industry
• Covid 2.0: Unboxing key GST developments during the pandemic
• Rupee gains under siege as health crisis fuels lockdown fears
• India, EU agree to boost ties in digital, energy, transport and people-to-people programmes
• AIMTC seeks financial help for oxygen tanker drivers to meet COVID-19 treatment cost
• Oxygen PSA plant-producing companies scale up production with Maruti Suzuki support
• Cryptocurrency ethereum is flourishing but risks linger
• Musk boosts his brand, and NBCUniversal's, on 'Saturday Night Live'
• 'Centre must do more to lift stress on MSMEs'
• NHAI exempts tankers carrying oxygen from toll fee on highways
• No insurance cover for person sitting on tractor's wheels, says Karnataka HC
• Dogecoin in spotlight as cryptocurrency backer Musk makes 'SNL' appearance
• S Korea to expand investment, tax incentives for chip sector
• Despite shortage, global semiconductor market to hit $522B in 2021: IDC
• India, EU to resume free trade pact talks after 8 years
• $210 million daily output loss in India over April-June in severe scenario: S&P Global Ratings
Oil & Lubes
• OPINION: India's oil consumption expected to take a marginal hit due to Covid-19
• Rajasthan: Transporters write to Union min, CM about high fuel price
• Petrol, diesel prices remain unchanged for second straight day
• Consumers upset as fuel prices rise for fifth consecutive day
• Top U.S. pipeline operator shuts major fuel line after cyber attack
• Can Canada's oil-rich Alberta capture a low-carbon future?
• India turns to OPEC nations Saudi, UAE for oxygen
• Government should incentivise use of clean fuels: IAC
• Oil marketing companies go on pause mode as petrol, diesel prices remain unchanged
• Fuel on fire: Petrol zips past Rs 100 mark for 2nd time since Feb
Aftermarket
• Uber Shows Signs of Recovery From Pandemic Slowdown
 
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