Morning Daily - 2021-06-08

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ETAuto Newsletter | Tuesday, June 8, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Goodyear completes acquisition of Cooper Tire & Rubber Company
• The Car Retail Ranking Report 2021 Series: Toyota Kirloskar and Ford placed at 3rd and 4th ranks respectively
• Second wave to shrink CV volume growth to 23-28% this fiscal
• Skoda Auto India begins production of SUV Kushaq at Pune plant, delivery scheduled for next month
• MRF Q4 net profit falls 51% to INR 332.15 crore
• Bosch opens German chip plant, its biggest-ever investment
• Ducati launches BS-VI Panigale V4 and Diavel 1260 in India
• 'Rising raw material cost biggest business challenge in Covid 2.0'
• SML Isuzu temporarily suspends production at manufacturing plant in Punjab till June 11
• MSME engineering exporters seek PM's intervention on rising steel prices
• Daimler's China venture aims to raise capacity 45% at Mercedes-Benz plants
• Blaer Motors raises Rs 2.6 crore from The Chennai Angels
• World Bank approves USD 500mn program to help boost India's MSME sector
• Expect demand to recover by Q2; bring down net debt levels: Varroc's TR Srinivasan Cnbctv18.com
• 1,500-cr worth TVS Motor shares change hands HBL
• Indian Oil signs up to invest Rs 24,000 crore in Gujarat refinery expansion, petrochemical project
• Shriram Transport finance to raise up to Rs2,500 cr through QIP, promoters HT MINT
• Elon Musk's Dream Of A Tesla Supercharger Carhop Is One Trademark Closer To Reality Forbes
• 8 Consistent Behaviors Of Practically Perfect Problem Solvers Forbes
Passenger Vehicle
• MG dealers offer additional health cover to staff against Covid-19
• MBRDI initiates COVID vaccination drive for employees, dependents
• Honda opens Covid isolation centres in Haryana & Rajasthan
• Operating costs of Tesla lower than gasoline cruiser: Musk
• Should India print more money to boost economy?
• GM expands Onstar services beyond its vehicle owner base
Auto Components
• GlobalFoundries seeks ruling in IBM contract dispute
• Funds flood into Australian battery mineral explorers -report
• China's Wuxi exchange plans to launch lithium contract as soon as July - sources
Industry
• REEL to set up vehicle recycling facilities
• Tesla's heavy trucking unit chief leaves company
• Automakers face a threat to EV sales: Slow charging times
• Strike resumes at Volvo's Virginia operations after UAW rejects labor deal
• 'Covid 2.0 brought India back to square one', Crisil cuts growth forecast
Oil & Lubes
• Fuel price hike: Pradhan blames it on global crude oil price surge
• After petrol, diesel nears Rs 100-mark in Rajasthan
• Asia's oil giants will be key to global climate fight: S&P
• Petrol selling at Rs 101.52 in Mumbai after another hike on Monday
Aftermarket
• Nissan India launches ownership subscription plan for its brands
• Hyundai Mobis launches new Digital Campaign - "Safety Mein Zero Compromise"
 
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