Fabio Ferraresi

  • Scania, Mercedes Reduce Production Shifts in Brazil

    BRAZIL REPORT  

    In line with ANFAVEA forecast of 20% reduction in production for 2023, Scania and Mercedes announced the reduction of one shift of production in MHV production lines. Scania reallocated 200 employees at the remaining shift and laid off part of its temporary workers in the workforce. Scania does not have a forecast to reopen the second shift.

    At the same time, Mercedes announced three months forecast to reopen the shift. While Scania only mentioned market demand as a reason for its reduction, Mercedes mention Market, lack of components and the country’s interest rates.

    Source: Valor Econômico    Read The Article

    Read More »

  • Fras-le Acquires Juratek in UK

    Fabio Ferraresi
    Fabio Ferraresi

    Fras-le announced plans to acquire the operations of AML Juratek, the parent company of Juratek and BettaParts, which operate in the UK and European aftermarket, with lines of braking products such as discs, brake pads, calipers and actuators. Fras-le said it intends to invest about US$ 22 million (£ 18.2 million) in the acquisition.

    Fras-le will continue to work in the European market with the Juratek and BettaParts brands and will receive the reinforcement of the other iconic brands of the company in the global market, such as Fras-le and Fremax, expanding business possibilities. In 2022, AML Juratek recorded revenues of approximately £25 million.

    The acquisition is added to Fras-le’s global structure of operations, currently present with industrial units in Brazil, the United States, China, Argentina, Uruguay and India, as well as distribution, technology and development centers and commercial representations to serve customers in more than 120 countries on five continents.

    Read More »

  • WEG Building Plant for EV Batteries in Brazil

    Brazilian WEG has announced plans for a new 6,000 m2 plant in Jaraguá do Sul, Santa Catarina, Brazil, to produce battery packs for EVs. With the investment, the annual capacity will be 1 GWh in battery packs. WEG plans a highly automated plant, with 140 direct employees; WEG’s timeline calls for completion of the plant in 1H 2024.

    Source: Automotive Business    Read The Article

    PSR Analysis: WEG aims to supply EV production for OEMs located in Brazil. With strong background in drives…

    Read More »

  • Hyundai Keeps Gamma Engine in Units for Colombia

    The new HB20 auto landed in Colombia with new body but is powered by an old engine. Hyundai Motor Brazil started exporting the new face lifted compact with an engine that the hatchback no longer fits versions running in Brazil.

    The Colombian version is exported with the 1.6 16V aspirated Gamma engine.

    Read More »

  • Hitech Electric To Produce 100% EV LCVs

    Hitech Electric to produce 100% electric LCVs by March, with sales plans of 1,000 vehicles per year. In partnership with Positivo Tecnologia, (and its corporate venture capital (CVC) program) the assembly line will start with 50 units per month and possibly expand to 100 in the short term. The plant will be located in Campo Largo, Parana.

    The vehicles will have a powertrain and battery produced by WEG, the Brazilian Electric equipment manufacturer. The batteries will feature non-flammable lithium iron phosphate. Product lineup includes a last mile utility vehicle and a 1.2-ton light truck.  

    Read More »

  • Brazilian Law for AG Tractor Cabins Changes

    The law requiring the use of cabin tractors for spraying includes changes in applications and timing. Under the new wording, cultivation methods in which the use of the original or adapted closed cabin is unfeasible depending on the spacing between lines, a sprayer trailer pulled in a machine without closed cabin may be used, provided that it meets certain conditions.

    New deadlines vary from 120 months for small properties and 60 months for large properties.

     Read The Article

    PSR Analysis: Given…

    Read More »

  • January Brazil Truck Production Drops 72%

    Fabio Ferraresi
    Fabio Ferraresi

    Truck production in Brazil in January was 4,049 units vs. 14,614 units in December per  Anfavea (the association that represents the automakers installed in the Brazil) monthly

    Read The Article

    PSR Analysis: This decline was expected due to the introduction of PROCONVE P8, the regulation in line with Euro VI, that reduces the toxic gas emission limits and therefore increases the complexity and the price of new trucks.

    Under that regulation, OEMs have the right to sell Trucks at PROCONVE…

    Read More »

  • FPT Developing Ethanol or Biomethane Engine in Brazil

    FPT, Mahle and Brazilian universities are working to develop an FPT F1C Bi-Fuel engine to meet Brazilian transportation needs using Ethanol, or Biomethane and Hydrogen for use in hybrid vehicle applications.

    The project involves the creation of mathematical models, which will be used to characterize and predict the behavior of the engine operating with ethanol and biomethane, assisting in the development of components and hardware, and testing the equipment at Mahle's technology center in Jundiaí…

    Read More »

  • First Synthetic Fuel Neutral CO2 Starts in Chile

    Fabio Ferraresi
    Fabio Ferraresi

    Construction of the first world carbon-neutral synthetic fuel plant was started in Chile, in December 2022. With a US$55 million investment in the project, Siemens Energy, HIF Global and Porsche will produce Methanol and Gasoline using water, wind and CO2. The plant has a planned capacity of 550 million liters in 2027.

    The Haru Oni plant is Installed in the Magallanes, Chilean Patagonia region. It is known for the vast potential for its hydrogen market, with winds of more than 6,000…

    Read More »

  • Brazil Moves Forward on Truck Fleet Renewal Program

    BRAZIL/SOUTH AMERICA REPORT  

    In December 2022, the Brazilian Government published regulations for the Fleet Renewal Program authorized by the law that was published in H1 2022. Under this regulation, truck owners may receive the old truck market value from companies in the Oil and Gas exploration chain, provided that they prove the truck was taken out of circulation, disassembly and recycled. The program is voluntary, both for owners selling the old truck and for O&G companies designating…

    Read More »

Filter News Posts

Reset

Current Reports

Download complimentary reports that show the type of information available from Power Systems Research.

PowerTALK News

Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.

Subscribe