SUMMARY: Gen-set sales experienced a sharp increase in Q3 2017 with overall sales up 21.8% over Q2 2017 levels due to demand from hurricanes Harvey and Irma. This increase follows Q2 2017 where dealer reported sales were up 1.8% relative to Q1 2017 levels.
SUMMARY: Considering sales across all power ranges, gen-set sales gathered some momentum in Q2 2017, up 1.8% compared to Q1 2017 levels. This increase follows Q1 2017 where overall dealer reported sales were down 5.5% relative to Q4 2016 levels.
SUMMARY: Considering sales across all power ranges, gen-set sales were off to a slower start in Q1 2017, down 5.5% compared to Q4 2016 levels. This decrease follows Q4 2016 where overall dealer reported sales were flat relative to Q3 2016 levels.
The outlook for global truck production in the class 4-8 looks very promising for 2018 as it continues a strong growth pattern established in 2017. Even previously struggling countries such as Russia, Brazil and Turkey saw very positive signs in 2017 and are looking for continued growth this year. North America and Europe also are expected to have a good year in 2018.
The annual Agritechnica Show in Hannover, Germany, is often called the world’s leading trade fair for agricultural machinery, and this year’s event Nov. 10-16, was no exception. Innovation was the name of the game at the show. Read the report by Power Systems Research analysts who walked the show in the November issue of PowerTALK News.
Other Top Stories in the November 2019 issue of PowerTALK News include:
EV activity continues to increase across the globe as reported in the November issue of PowerTALK News. This issue features EV reports from China, Japan, North America, Brazil, South Korea and Thailand.
ALTERNATIVE POWER REPORT
GLOBAL: Outboard Marine Engine Market Hits $5.5 Billion
NORTH AMERICA: Transitioning from ICE Buses to Zero-Emission Engines
DATAPOINT: NA Graders
BRAZIL/SOUTH AMERICA:
JAPAN: Kubota and Sumitomo Plan Mutual Supply of Equipment
SOUTH KOREA: Hyundai Sells EVs To Oil-Producing Countries
THAILAND: China Auto Manufacturer To Invest in Thai EV Motorbike Plant
CHINA: Weichai-BYD JV Begins 56 Billion Yuan, 50GWh Battery Project
INDIA: Construction Equipment Sector Poised for Substantial Growth
Global truck production dropped in Q3 2018, according to the Power Systems Research(PSR) Truck Production Index (PSR-TPI).
You’ll find the details in the November issue of PowerTALK, the monthly world news and analysis report from PSR. You’ll find lots of other news as well, including detailed reports from the show floors of EICMA (the international motorcycle show in Milan) and GIE+Expo, the lawn and garden show held in Louisville, KY.
Top Stories
If you use construction equipment, or if it’s important for you to know what’s happening in the construction segment in Europe or North and South America, you’ll want to participate in the free one-hour Construction Outlook Webinar produced by Power Systems Research and JCB Power Systems on Monday, Nov. 30, 2020, at 9:00 am CST. You’ll find the details in the November issue of PowerTALK News.
You’ll also find an analysis by Chris Fisher, senior commercial vehicle analyst at Power Systems Research, of the TRATON-Navistar merger. Other top items in this issue include:
After a slowdown in October, Argentina’s vehicle production rebounded in November, reaching 56,500 units—an 8.9% increase from the previous month and 6% higher than November 2022.
Yearly production stands at 573,700vehicles, up 14.8% from the same period last year.
Exports rose 1.5% in the eleven months of this year, totaling 304,000 units. November’s 30,300 shipments increased by 6.4% from October but decreased by 3.1% compared to November 2022.
Registrations for the year reached 430,600, a 10.9% increase over 2022. In November, 35,7,00 units marked a 15% decrease from October but a 15.6% increase from November last year.
Source: AutoData Read The Article
PSR Analysis: Although the market is demanding more than in 2022, part of the growth in November is related to more working days, totaling 21, compared to October. The new government in Argentina also helps to improve the popular optimism which impacts positively on the decision to buy a new vehicle. PSR
Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research
Akihiro Komuro, PSR’s analyst in Japan, reports on the expansion of VinFast EV subsidiary of the Vietnamese conglomerate VinGroup that is expanding to the US. VinFast has announced plans for a US headquarters and manufacturing plant in California. Other stories in this issue of PowerTALK include:
Monthly news and analysis from PSR’s experts
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