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Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed
Erik Martin
Chris Fisher
Power Systems Research April 21, 2021, produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles.
The presenters included:
Chris Fisher – Senior Commercial Vehicle Analyst, Power Systems Research
Erik Martin – Director, Asia Region, Power Systems Research
Richard Anderson – Director, Market Research & Analysis, HDMA
Providing 2021 Forecast on Global Production ofCommercial Vehicles
Power Systems Research will produce a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) providing the outlook for commercial vehicle production in North America and Europe during Q4 2020 and 2021.
Hope you can participate. During the session, we’ll present important information that updates the North American comments we made in our COVID-19 Impact webinar in June. The HDMA Pulse Series Webinars provide suppliers with the information needed to make decisions in today’s rapidly changing business environment.
The webinar will be held Wednesday, Oct. 14, 2020 1:00pm – 2:00pm EDT.
Space is limited, so please register as soon as possible using the REGISTER NOWbutton on the HDMA website at www.hdma.org. If you are not a PSR Client or HDMA Member, an individual registration is $100.
Power Systems Research produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) that provided the outlook for commercial vehicle production in North America and Europe during Q4 2020 and 2021.
Download the presentation by PSR representatives Chris Fisher, senior commercial vehicle analyst, and Emiliano Marzoli, senior business development manager-Europe. A member survey by HDMA’s Richard Anderson also is available for download here. PSR
Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed
Erik Martin
Chris Fisher
Power Systems Research will produce a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles.
When? Wednesday, April 21, 2021 from 1:00 – 2:00 pm ET
What? Future areas of supply chain concerns, secondary effects of logistic and shipping issues, and current economic conditions and demand drivers.
How much? FREE for HDMA members; $100 for non-members
The scheduled presenters include
Chris Fisher – Senior Commercial Vehicle Analyst, Power Systems Research
Erik Martin – Director, Asia Region, Power Systems Research
Richard Anderson – Director, Market Research & Analysis, HDMA
How do I register? By clicking below!
Space is limited, so please register as soon as possible using the REGISTER NOWbutton on the HDMA website at www.hdma.org. If you are not a PSR Client or HDMA Member, an individual registration is $100.
Hope you can participate. During the session, we’ll discuss the future areas of supply chain concerns, secondary effects of logistic and shipping issues, and current economic conditions and demand drivers, especially as they apply to Medium and Heavy Vehicles.
Richard Anderson will present the latest findings from his current PULSE member survey, and the session will conclude with a participant Q&A. PSR
Power Systems Research will work with the Heavy Duty Manufacturers Association (HDMA.org) to present a one-hour webinar examining the impact of COVID-19 on the industrial segments of Agricultural and Construction in North America.
The webinar will be presented Wednesday, June 17. Watch hdma.org and powersys.com for details. PSR
Zirnhelt Named President and CEO at Power Systems Research
Significant activities at Power Systems Research (PSR) lead the news report in the April issue of the PowerTALK report.
First, Joe Zirnhelt has been named President and Chief Executive Officer of the company, effective immediately. He had been serving as Chief Operating Officer. Zirnhelt replaces Dennis Huibregtse as CEO.
COVID-19 continues to batter production of off-highway equipment as we continue to move through 2020. The effects of the virus on Agricultural and Construction equipment production in North America were analyzed in a June 17 webinar presented by the Heavy Duty Manufacturers Association (HDMA) and Power Systems Research (PSR). The webinar updated information presented in PSR’s webinar in April.
Jim Downey
The PSR webinar team was Jim Downey, PSR vice president-global data products , and Yosyf Sherementa, PhD, PSR director-product management and customer experience.
PSR projects AG to be down 9.4% and CN to be down 11.3% when comparing global production for this year (2020) to last year (2019).
China and India which have the largest volumes for ag machinery are the lower side for production percentage drops this year. China which is also the largest producer of construction equipment is not expecting a decline this year.
Yosyf Sheremeta
A slight recovery for Construction equipment is expected in 2021, but not until 2022 for Agricultural machinery. Ag sector recovery will ultimately depend on overall economic recovery from the COVID-19 pandemic.
The construction segment will not return to pre-virus production volumes for another few years, at best. We’re looking out to 2024 or possibly 2025 to get back to 1.48 million units.
We don’t see a V-shaped type scenario on the horizon in North America, but rather recovery will look like something between a “U” and an “L.” Somewhat of a swoosh shape or upward sloping L. Economic activity will slowly return to a sense of normalcy as the curve of new COVID-19 cases flattens.
Government support and intervention will be needed, and stimulus will provide an economic backstop. We expect modest growth in 2021. Pent-up demand and continued economic stimulus should also help with rebound.
TAIWAN — Taiwan’s Sun Moon Lake is so low that parts of it have dried and turned to grass. Jetties that normally float are sprawled awkwardly on dry land, and tour boats are crowded at the tail ends of pontoons still in the water.
Usually one of the island’s most famous tourist destinations, the lake has recently become a star of a different kind. Following the worst drought in 56 years, it is now famous for all the wrong reasons. These days, Instagram influencers photograph themselves posing in a dust-colored, dinghy half-buried in a cracked and cratered lakebed…
But away from the quirky headlines, the situation is dire. Other reservoirs across central and southern Taiwan are effectively empty, down to 5% or less.
Taiwan has had drought before, but observers are hoping the severity of this one – which has lasted 18 months and threatens Taiwan’s economic lifeblood of semiconductor production – is enough to prompt real action on climate change.
New Initiatives Announced at Power Systems Research
New initiatives at Power Systems Research (PSR) are spelled out by Joe Zirnhelt, PSR president and CEO, in the May issue of the company’s monthly PowerTALK report.
Production of Terminal Tractors in North America this year is expected to hit 6,900 units, up about 2% from 2018. But that increase is off from the 17% YoY gain posted last year over 2017.
Read Carol Turner’s report in he June issue of PowerTALK. You’ll also find Dennis Huibregtse’s comments on the rapid development of hydrogen fuel cells and the increasing activity on the automobile scene in South America.
Top Stories in the June 2019 issue of PowerTALK include: • Executive Notes: Fuel Cell Technology • Brazil Engine Hub Planned • Garett To Build Cars in Brazil • Columbia Car Sales Grow • China Plans Tough Pollution Controls • CeMat Germany Dropped • Hyundai-Kia JV Builds EVs in India • India Car Plants Cut Production • KAMAZ-Daimler Launch Russia JV • Ford Eyes Russia Plant Plan • Japan Mandates Fuel Efficiency • Doosan Sees 14% Growth • Myanmar Auto Auction
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