Morning Daily - 2021-05-19

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ETAuto Newsletter | Wednesday, May 19, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• JLR write-offs weigh in as Tata Motors is weighed down by Q4 net loss of INR 7605 cr
• Opinion: How electrification disrupts automotive bearing technology
• Delhi HC asks Centre to consider including hydrogen fuel cell in FAME-II
• Indian used car market to touch USD 70.8 billion by 2030: Report
• Audio Interview: Unions File First Labor Rights Petition Under New USMCA - The Impact on Automotive Suppliers
• Rural sway of COVID-19 second wave to limit tractor sales growth to 3%-5%: CRISIL
• Wabco India Q4 results: Net profit rises 55% to Rs 48 cr
• India is central to Lamborghini's Asian market strategy, says Stephan Winkelmann, president and CEO
• The world economy is suddenly running low on everything
• Stellantis, Foxconn to form car technology JV focused on connectivity
• Maruti Suzuki starts multi-speciality hospital at Sitapur, Gujarat in partnership with Zydus Hospitals
• JBM Auto Q4 net profit increases by 103.65% to INR 32.24 crore
• Tesla cooperating with Chinese authorities after accident killed police officer
• Jaguar Land Rover makes 860m loss after strategy rethink Amp-theguardian-com.cdn.ampproject.org
• The Chip Shortage Could Be on Its Way Out Barrons.com
• Future Careers Get A Much-Needed Shot In The Arm Forbes
• Avoid Making These Online Job Interview Nonverbal Mistakes Forbes
Passenger Vehicle
• Kia recalls vehicles a 2nd time, owners should park outside
• 2022 Lexus ES unveiled globally
• McLaren 720 Gulf Oil special edition introduced
• Tata Motors Jamshedpur plant to undergo five-day block closure
• Tata Motors Q4 takeaways: Outlook challenging, but recovery still on track
• Lexus hybrid cars tip 2-million mark in 15 years
• Lamborghini hits accelerator on electric future
• Fisker to supply up to 700 vehicles to UK-based Onto in 2023
• Biden to pitch his $174 bln electric vehicle plan in Michigan
• U.S. labor leader calls for human drivers in automated vehicles
• Mobileye, ZF team on advanced safety systems for Toyota
• CESL to buy 300 electric cars from Tata Motors for supply to government entities
• Toyota Motor shares gain for third day, hit record high
Two Wheelers
• KTM extends service and warranty period of its vehicles by 2 months
• Hero Lectro rolls out new sales strategy for its cargo e-bike
• Bolt undercuts rivals in nine-city German e-scooter rollout
• Hero MotoCorp extends free service, warranty periods by two months
Auto Components
• Taiwan's Gogoro to enter China with battery-sharing partnership
• Palladium, rhodium undersupplied as platinum swings to surplus -Johnson Matthey
Industry
• Indian crypto exchanges suspend rupee deposits for new users, want Sebi as regulator
• Dukaan partners with Dunzo, Shiprocket to integrate delivery into its platform
• Spoton announces customisable logistics solutions for MSMEs
• DICV Opens Virtual Reality Centre
Oil & Lubes
• Crude oil settles lower on reports of potential Iran nuclear deal
• Petrol, diesel prices increase after a day's pause
• Fuel demand in COVID-hit India plunges in May
• Don't think OPEC wants crude prices to be much higher than $70: Vandana Hari
• Bosch, Shell, Volkswagen partnership develops Blue Gasoline with 20% less CO emission
Commercial Vehicle
• Truck operators demand waiver of goods, road and passenger taxes for at least 2 quarters
• CNH industrial sets up task force to support employees during COVID-19
 
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