• Aug 1, 2017

    Japan and the European Union (EU) held summit talks in Brussels July 6, 2017, and concluded an economic partnership agreement (EPA). Trade rules such as facilitation of customs clearance procedures and protection of intellectual property rights also have been unified under the agreement. Japan will align with the Europeans side to make the agreement effective in 2019 and will promote the importance of free trade to the world.

    Source: Nikkei Asian Review July 7, 2017: Read The Story

    PSR Analysis: Unlike countries such as the United States and China >Read more

  • Aug 1, 2017

    CTT 2017 Moscow – Construction fair report
    CTT Bauma Moscow 2017 – transformation of the fair as reflection of market transformation.
    This year the main event of Russian construction market – Construction Equipment and Technologies (CTT) fair – is conducted under Bauma brand for a second time. 2 years ago, Messe Munich has purchased CTT, and now Russian construction fair is under German operation. The German owners of CTT are quite optimistic. They claim it 5th largest construction fair in the World and expressed the confidence that the fair will be growing in nearest future >Read more

  • Jul 29, 2017

    SUMMARY: The poor performance of the CV industry in recent months is largely due to extraordinary events in the industry, rather than purely macro factors. However, sales of commercial vehicles are facing slow growth for several reasons, including major macro-economic changes. These have been driven by demonetization, emissions changes, GST (Goods & Service Tax – One Nation-One Tax), slowing replacement demand, weak industrial activity, rising diesel prices and overcapacity.

    Impact of Demonetization

    Demonetization impacted the second-hand CV market (a >Read more

  • Jul 24, 2017

    SHANGHAI--The China International Tire Expo (CITEXPO) will be held at the Shanghai World Expo Exhibition & Convention Centre here Aug. 21-23, 2017.

    Erik Martin, Power Systems Research director of Asian operations, and Qin Fen, Power Systems Research business development manager, will be at the show. emartin@powersys.com, qfen@powersys.com.

    CITEXPO was established in 2003 by Reliable International Exhibition Services Co.,Ltd.. The aim of organizing this exhibition is to deliver a >Read more

  • Jun 28, 2017

    Power Systems Research continues to gain credibility as an important source of reliable information on power equipment in the China market.

    Recently, a leading executive of the China Internal Combustion Engine Industry Association (CICEIA) quoted PSR in an article about the future of engines.

    Power Systems Research is a global consulting company providing production data and forecasts to the powertrain and components industries.

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