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Columbia Auto Market Maintains Growth Curve
The Colombian auto market has retained its growth curve in October by posting sales of 20,900 units, up 13.3% compared to September, a month which also grew 39% above August. Data source: Andemos
The Andemos said this recovery is due to the increase of procurement for “safe transportation” as well as reopening of the economy and ending of personal isolation.
According to Andemos, if no new measures requiring isolation are taken, then the reduction compared to 2019 will be around 30%
Source:…
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Petrobras Finishes Tests To Start Production of HVO in Brazil

Fabio Ferraresi
Petrobras has concluded the test production of 40 million liters of diesel mixed with HVO from 2 million liters of soy. The regulation is still pending on ANP.Once regulated, the HVO will compose part of the renewable mix at Diesel with the existing Biodiesel yielding better effects for engines and even less emissions. Today, the renewable content of the mix is 12% and it will reach 15% by 2023.
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Iveco Sets Record Sales of NG Trucks in Argentina
After selling 35 NG Trucks in Chile, Iveco announced the sale of 100 Stralis NP Cursor 13 NGs in Argentina for a supplier to O&G industry in the Southern country.
Source: Read The Article
PSR Analysis: The acceptance from customers helps to remove a barrier to NG sales, transforming this technology from a Trend to a reality. NG was formerly more deployed in Buses than in Trucks. With the experience of fleet owners, the technology will gain scale rapidly…
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Brazil Extends Trade Agreements with Mexico and Paraguay
Brazil recently published two trade agreements with Mexico, and, earlier in July, with Paraguay. The Mexican agreements cover Commercial Vehicles trade, with the reduction of import taxes progressively reaching zero by 2022. The agreement with Paraguay covers auto parts taxes from country to country. The taxes are now between 0 and 2% and will be zero in 2022.
Source: Read The Article
PSR Analysis: The agreement with Paraguay is beneficial to auto parts makers on both sides…
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Chile Bets on Hydrogen
Chile has announced plans to produce US$ 30 billion in green Hydrogen for export by 2050. This involves using the mining industry equipment traditionally powered by diesel in fuel cell powered equipment to make the bridge for current state to future state.

Fabio Ferraresi Source: Financial Times Read The Article
PSR Analysis: There are several roadblocks as technology improvement needs, energy cost and investment source for the initiative. So far it sounds like a campaign promise…
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ANFAVEA Negotiates To Postpone PROCONVE P8 in Brazil
With the problems caused by COVID-19, ANFAEA is lobbying to postpone the introduction of PROCONVE P8 – an emissions regulation that will make the Brazil emissions level similar to Euro VI.

Fabio Ferraresi ANFAVEA argues that the postponement is needed because of delays in testing and engineering development caused by COVID-19. The level of investment necessary also has increased.
Source: Automotive Business Read The Article
PSR Analysis: The Brazilian government is not likely…
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Higher Octane Gasoline Offered in Brazil

Fabio Ferraresi The new specs as per ANP 087/20 resolution determines the minimum density of 715 kg/m3 and minimum octanes of 92 RON. In January 2022, it will be 93 RON. The Ethanol mix was kept in 27% for regular gasoline and 25% for premium gasolines.
Source: UOL Read The Article
PSR Analysis: With the use of Ethanol in the mix, Brazil gasoline specs get closer to Europe and USA. The goal is to improve the consumption 6% and reduce failures in engines. This may reduce barriers…
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Brazil CE Sales To Grow 15% Despite COVID

Fabio Ferraresi Construction Equipment Internal Sales in Brazil from January thru May grew 35% over the same period of 2019. The Brazilian Machinery Builders´ Association (ABIMAQ) expects 2020 sales to hit 20,000 machines, 15% more than in 2019.
Source: Valor Econônico Read The Article
PSR Analysis: The Construction segment was the less affected by the pandemic than some other segments. The interest reduction directed investment to real state, especially housing, and some measures, such as the new regulation for sanitation, recently approved by the parliament, will boost the Construction business in 2020 and more significantly in the coming years. PSR
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Pepsico Acquires 18 Scania Trucks Fueled by NG / Biomethane in Brazil
After the first sale of NG trucks at Fenatran in October 2019, Scania has sold 22 more, including 18 to Pepsico. The forecast of 100 NG Trucks to be sold this year has been reduced because of the pandemic effect.
Source: Estadao Read The Article
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John Deere Starts Grader Production in Brazil

Fabio Ferraresi John Deere announced the start of production of G series of Graders in Brazil in the coming months. It had previously imported these units. With the movement, John Deere will attend the South American Market with 90% of products made in Brazil.
Source: AutoData Read The Article
PSR Analysis: The decision of nationalization started in 2018 and makes more sense with recent local currency depreciation. With this movement, Deere will be more competitive in delivery…