• 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 high quality >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.

    qinfen.jpg >Read more

  • Jun 16, 2017

    Milestone for BharatBenz in India

    Date: June 15, 2017

    Diesel Progress Magazine

    Daimler said it has reached the milestone of 50,000 BharatBenz trucks on Indian roads in less than five years after the start of the brand.

    Less than five years after its market introduction, Daimler India Commercial Vehicles said it has reached a production milestone with 50,000 BharatBenz trucks on Indian roads, with thousands more exported to more than 30 markets.

    BharatBenz, the Indian commercial >Read more

  • May 30, 2017

    MOSCOW--This is second Construction Equipment and Technologies (CTT) fair which has been conducted here under the Bauma brand. More than 500 exhibitors from 27 countries are participating in the show, which covers about 62,000 sq.m. Show officials expect 21 000 visitors from 60 countries to visit the fair.

    This 17th annual CTT show is the world's fifth largest fair of construction machinery and equipment, according to show officials.

    My first impression is that the fair is smaller than last year. Instead of two indoor halls, only one is being used. However, the outdoor >Read more

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