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Colombia 2019 Car Sales Increase

This article initially appeared in the February 2020 issue of PowerTALK News.

Fabio Ferraresi
Fabio Ferraresi

Despite the poor performance of auto sales in Latin America countries such as Mexico and Argentina, Colombia keep growing sales of cars as Brazil, with 2.7% growth with 263,700 units in 2019. Colombia also leads in EV/HEV sales gains. The forecast for 2020 is that sales will continue growing at the same rate.

Source: Andemos     Read The Article

PSR Analysis:  Pent up demand for vehicles coupled with a strong economy is expected to keep the car market in Colombia growing. The currency devaluation in 2019 affected the market, since a significant portion of vehicles are imported or assembled in Colombia under the CKD model. It is an important time for exports from Brazil, that went through currency devaluation as well and for local producers such as GM Colmotores and Hino.   PSR

TUPY Acquires Teksid from Fiat Group for €210 million

SOURCE Tupy S.A. Read The Article

Tupy S.A., a Brazilian-based manufacturer of engineered cast iron structural components, today said it has agreed to acquire FCA’s global cast iron automotive components business, which is operated through FCA’s subsidiary Teksid S.p.A.

PSR Analysis: With the acquisition of the Italian cast iron foundry, the Brazilian company will have almost 10% of the global sales in the segment with a combined revenue in the range of 7 billion Reais (approximately $ 1.8 billion USD. PSR

Tupy says this deal will expand its presence in key segments of the global capital goods industry and will expand its potential for growth in machining and engineering services.

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The Future of Diesel Engines in Metropolitan Areas

Introduction

Our team at Power Systems Research, as a lead global Market Intelligence Company and specialized in Propulsion Systems and Powertrain for Vehicles and Equipment, is frequently asked about the future of Diesel Engines.

It is impossible to provide a complete answer for this question due to the wide range of applications, as well as the excellent performance and versatility of Diesel Engines.

Thus, in this article we focus on the Diesel Engine application in Commercial Vehicles in metropolitan areas, and more specifically, in Urban Buses.

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New Products at FENATRAN-Brazil

Scania displayed CNG trucks and biogas production systems at its booth as a clear bet on this technology growing against Diesel in Brazil. At FENATRAN, the 22nd International Road Cargo Transport Trade Show, it sold its first regular production R 410 fueled by CNG to RN Logistics. The truck will operate at the São Paulo – Rio de Janeiro route.

Scania Pushes First CNG Truck at FENATRAN

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