Morning Daily - 2021-06-02

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ETAuto Newsletter | Wednesday, June 2, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Auto industry falls on the second wave of Covid-19 and bleeds
• Classic Legends to re-introduce Yezdi in Q3FY22, readies 650cc engine for BSA
• MoRTH proposes exemption of EVs from RC issues, renewal fee
• The Car Retail Ranking Report 2021 Series: Honda Cars India hangs on to 8th position
• VW brand aims to quadruple sales, cross 50k unit sales mark in India by 2022
• Hyundai Motor suspends third shift for 3 weeks
• Pricol staggers production in plants in different States
• How the world ran out of everything
• Audio Interview: New mobility technologies and intellectual property: Cross-border battles will likely impact the automotive supply base
• Daimler to pay Nokia patent fees, ending legal fight
• EV segment has seen significant progress in 2-3 years: Rahul Walawalkar, founder, IESA
• India's fuel demand plunges in May on COVID-19 lockdowns: Data
• Autonomous mobility inching closer to reality: IDTechEx report
• Auto Industry Production Wilts Under Pressure From Chip Shortages, But There Are Plusses Forbes
• Jeep plant production picks up, though some sites face more downtime The Detroit News
• Are You Ignoring The Human Element Of Landing Jobs In The Pandemic? Forbes
• Three Steps To Level And Power Up Your Network To Elevate Your Career Forbes
Monthly Sales Report Card
• Maruti Suzuki dispatches 33,771 units in domestic market in May
• Kia India sells 11050 units in May
• Honda Cars India sells 2,032 units in May 2021
• MG Motor India reports sale of 1,016 units in May
• Bajaj Auto domestic sales up 52% in May at 60,830 units
• Royal Enfield sales fall 49% to 27294 units in May from 53,298 units in April
• TVS Motor Company registers sales of 166,889 units in May 2021
• Tata Motors reports domestic sales of 24,552 units in May
• Ashok Leyland reports sales of 3199 units in May
• Escorts domestic tractor sales drop in May, first time in 11 months
Passenger Vehicle
• Stellantis discussing conditions with Rome to build gigafactory in Italy: source
• Renault Triber beats Kia Seltos in Global NCAP adult safety rating
• Tesla S, X model have PS5 level entertainment computing power: Musk
• Ex-VW boss to pay 10 mln euros in dieselgate damages - Business Insider
• Toyota, Honda temporarily halt production in Malaysia due to COVID-19 lockdown
• Tesla's vehicle price increases due to supply chain pressure, Musk says
Two Wheelers
• Ampere launches 'Green Restart' to celebrate 13th anniversary
• Bajaj Auto domestic sales up 52% in May at 60,830 units ETAuto
Auto Components
• Australia's Wyloo promises metals hub in bid for Canada's Noront
• Japan approves chip development project with Taiwan's TSMC
• Japan's Renesas sees fire-damaged chip plant back to full capacity by mid-June
• Cooper Corporation launches 5 KVA compact diesel genset
Industry
• May ends well for white collar job seekers
• FASTag on Yamuna Expressway from June 15
• FM Logistic to expand in India, to help customers develop omnichannel strategies
• DICV offers fresh COVID package for dealers, employees
• India's manufacturing sector activity slips in May, heads towards stagnation: PMI
• Economy poised to rebound, provided policy and funding let growth loose
Oil & Lubes
• Petrol now costs almost twice as much in Mumbai than New York
Commercial Vehicle
• Daimler India shuts bus and truckmaking unit for three days
• Freight startup Sennder raises another $80 million, decides against SPAC deal
• Ashok Leyland expects plants to be operational only for up to 10 days in June
Aftermarket
• BluSmart to employ 500 women driver partners in one year
 
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