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VWCO To Invest US$ 400 million in Four Years in Brazil
The amount is expected to be directed mainly to new technologies, such as for the Proconve P8 introduction in 2023, new technologies for Connectivity and development of sales and aftersales areas.
Source: O Estado de São Paulo Read The Article
PSR Analysis: The investment is higher than the former investments cycles but keeps the same line and makes the company one of the most important players in the Truck and Bus industry in South America. With this announcement, VWCO confirms its belief in the…
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JCB To Expand Production Capacity in Brazil
JCB plans to invest R$ 120 million (US$ 20 million) in its factory located in Sorocaba, State of São Paulo, with the objective of increasing annual production capacity from 4,000 to 10,000 units by 2026. JCB expects to grow 50% in sales volume this year, compared to last year’s results, and more than double the sales.
Source: Valor Economico Read The Article
PSR Analysis: With the increased production volume from new products made in Brazil, such as Wheel Loaders, JCB…
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Argentina Car Sales Drop 24%, But Production Grows

Fabio Ferraresi Sales in October 2021 are 24.1% lower than the same period of 2020 in Argentina, at about 25,000 units. This is also 1.6% lower than September 2021. On the other hand, production has grown 42.8% in October 2021 over October 2020 with 41,000 units produced, driven by strong exports.
Source: Automotive Business Read The Article
PSR Analysis: Brazil's shortage of cars is due to a shortage of semiconductors and supply chain issues caused by the demand increase for…
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Brazil Government Signals Concessions for Proconve L7 Introduction
The current production limit for Production of L6 emissions level of Dec. 31 is expected to be extended by three months for new vehicles finishing. All the other terms should be kept as it is.
Source: Automotive Business Read The Article
PSR Analysis: With the semiconductor shortage, there are about 93,000 incomplete vehicles in Brazil waiting for parts, such as infotainment, auxiliary control systems and engines. This extension will bring some relief, but it does…
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Chinese Higer Bus To Produce Electric Buses in Brazil by 2023
This Chinese OEM confirmed the plans to start the production of its vehicles in Brazil by 2023 after the initial phase of importing the first units in 2022. In 2021, road tests of the Azure A12BR will take place in São Paulo using the regular city bus fleet.
Source: Automotive Business Read The Article
PSR Analysis: Higer Bus has announced an investment of US$ 10 million for production infrastructure but it has not announced the location of the manufacturing facility. Although…
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Stellantis Confirms Second Electric LCV in Brazil
Soon after the recent launch of the Peugeot e-Expert, Stellantis announced the Citroën e-Jumpy on Friday Nov. 12. Price, drives, batteries configuration, autonomy have not been announced yet. However it announced the growth expectations from 1.2% Market Share to 4% with the new electric launches.
Source: Automotive Business Read The Article
PSR Analysis: Although it has not been announced, the most likely scenario is that Citroën e-Jumpy will use the same configuration as its…
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Brazil Motorcycle In-Service Population Grows

Fabio Ferraresi During the pandemic, the number of motorcycles in Brazil grew with the demand for delivery and e-commerce and boosted other business, from clothes for motorcyclists to spare parts.
Source: M&T Read The Article
PSR Analysis: The effect is seen not only because of the incremental sales and consequent in-service population increase, but because of the profile of utilization that changed. Motorcycles in Brazil are used for last mile delivery and delivery…
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Volkswagen Truck and Bus and CBMM To Develop Niobium Battery for EV
Volkswagen Truck and Bus, part of the Traton Group, and CBMM, a Brazilian giant of niobium mining, announced an agreement to develop batteries with Niobium for Electric Vehicles. It promises to recharge a Truck Battery in less than 10 minutes and provide a traveling higher range. Volkswagen will start tests in 2022 to develop a functional vehicle with Niobium batteries by the end of 2022.
Source: Revista Oeste Read The Article
PSR Analysis: Primarily used to improve the strength…
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Komatsu To Expand Autonomous Truck Operation in Brazil
In line with global trends of automatization, Komatsu is expanding its autonomous Truck operation in Brazil. It already has six trucks operating in the mining complex of Carajás (PA) and other four trucks will be introduced this year. Komatsu says the autonomous driving technology brings 40% savings on tires and brakes, 13% on overall maintenance and 15% on productivity, considering the elimination of stops for driver changing and rest.
Source: M&T Read The Article
PSR Analysis:…
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Mercedes Announces BEV Bus for Brazil

Fabio Ferraresi Mercedes says it has committed an investment of US$ 20 million for the launch of the eO500U, the first electric bus by the German OEM, the market leader in Brazil. Roberto Leoncini, Sales Director said that Mercedes opted for beginning the electrification of the MHV segment by the Bus products because it has higher impact on the population.
One of the key drivers for this launch is the new legislation for São Paulo city that aims to convert 50% of the fleet to electric by 2027. This…