Automobile update (12-2-20)

🔶The pre-buy play: Surge in BS-IV inquiries may fail to revive CV demand
🔷Around 50% new three-wheelers sold in India will be electrified by 2024: CRISI
🔶New-car buyers lookout for more simplified in-car technology: J.D Power
🔷Public Transport to overtake personal cars by 2030: Study
🔶Gulf Oil Q3 PAT up 12% at Rs 56 crore
🔷Around 400 companies showcased 1200 products at Auto Expo 2020 Components
🔶Bipul Chandra succeeds Sergi Canovas as Ducati India MDD
🔷Nikola teases Tesla Cybertruck rivalling electric pickup

🔘Industry

🔶Coronavirus: JLR China plant shut down extended till 17th Feb, Q4 earnings set to be hit
🔷EVs to get 2,600 Charging Stations
🔶Ghosn demands Nissan-Mitsubishi documents: Lawyers
🔷38 NH projects taken up in Andhra: Nitin Gadkari
🔶Coronavirus outbreak could disrupt supply chains in mid-term: Ind-Ra
🔷The biggest challenge for mass adoption of electric vehicles in India: Price
🔶Noida: Cigarette sparks fire in parking lot of Auto Expo
🔷Govt to lift FPI cap on some sovereign bonds
🔶Economy not in trouble; green shoots visible: FM Sitharamar
🔷EU approved 53 mln euro Romanian aid for EV charging stations
🔶Nalco reports Q3 net loss of Rs 34 crore
🔷Push credit to MSMEs: RBI to banks
🔶Glencore secures five-year deal to supply cobalt to Samsung SDI
🔷Analysts welcome Tata Steel's plan to cut debt, but stock falls 6% post Q3 nos