• May 3, 2017

    CRRC Profit Dips as Buildup Crests

    Source: Caixin

    BEIJING— Leading Chinese rail equipment maker CRRC Corp. Ltd. expects its train sales to drop by a third over the next decade, as domestic purchasing starts to subside following a multitrillionyuan building spree... "The year 2015 was a historic high," said the source... "We expect Chinese train sales won't ever surpass those levels again."

    PSR Analysis: The decline in sales by China Railway Rolling Stock Corp. (CRRC) that is estimated to continue through 2025 provides the >Read more

  • May 3, 2017

     

    Argentina Passenger Car Production Drops

    Source: Autodata

    Although first quarter sales were up by 15.4%, from 60,700 units in Q1 2016 to 68,9 00 units in Q1 2017, production in the same period dropped by 7.4%, from 98,200 to 90,900 vehicles.

    Exports dropped from 46,700 in Q1 2016 to 40,200 vehicles in Q1 2017.

    PSR Analysis: Despite the analysis of ADEFA that ties this production to shutdown period differences in 2017 and 2016, this decline was due to a drop in exports to Brazil and the inventory adjustment due to this reduction. Although sales in >Read more

  • Nov 25, 2016

    While the global economy performed better than expected in the first half of 2016, things turned sour after the U.K. Brexit vote that authorized Britain's withdrawal from the European Union, according to a forecast by Power Systems Research (PSR).

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    complete forecast

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  • Nov 25, 2016

    Engine installations by North American OEMs are expected to decline in 2017, compared to the number that are likely to be installed this year, according to a forecast by Power Systems Research (PSR)

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    complete reprint

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  • May 31, 2016

    Welcome to the first issue of PowerTALK, the monthly newsletter of worldwide news and analysis from Power Systems Research (PSR). This report is prepared by PSR analysts located around the world.

    Please send your comments to News@powersys.com

    We're looking forward to hearing from you.

    powertalk_may_2016.pdf

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