-
Subsidy Program for Scrapping Diesel Vehicles Ineffective
FAR EAST: SOUTH KOREA REPORT
About half of those who received South Korean government aid to scrap their old diesel vehicles early have purchased diesel vehicles again, according to a new study. The government spent 845.4 billion won (about 79.6 billion yen) in the last five years (2016-2020) to scrap 959,000 aging diesel vehicles, but the number of all diesel vehicles increased by 9% during the same period. The government has pointed out that diesel vehicles are the main culprit of particulate matter…
-
CNH Acquires Sampierana SPA
Emiliano Marzoli CNH Industrial has purchased Sampierana S.p.A. an Italian construction equipment and components manufacturer. The deal totals €101.8 million and will allow CNH to control 100% of Sampierana within the next four years.
“This latest strategic acquisition will further accelerate the profitable growth of our construction equipment business. Sampierana’s exceptional portfolio solidifies our presence in critical market segments and provides our dealers and customers access to industry-leading products backed by our brand, distribution, and manufacturing experience,” said Scott Wine, Chief Executive Officer of CNH Industrial.
-
Automechanika Fair Shows CV Parts
Maxim Sakov MOSCOW–MIMS, also called Automechanika, is a trade show dedicated to automotive parts and components, automotive electronics and service/repair.
The fair was conducted this year at the Moscow Expocenter July 23 to 26.
Automechanika is a small local event. However, this year there were about 400 participants from 18 countries. The biggest delegations were from Russia and Turkey. There were companies from UK, India, Spain, Italy, Iran, UAE and other countries.
Among largest foreign participants…
-
Komatsu Invests in Production and Service Center in Pará
Fabio Ferraresi Since 2020 Komatsu has been investing in Parauapebas, in the state of Pará in Northern Brazil, for a new facility that will provide maintenance for equipment and produce new equipment. The General Manager of the Mining Division for South America, Charles Medeiros says the unit will produce products for all regions in Brazil and for export.
Source: Automotive Business Read The Article
PSR Analysis: Pará is an important region for mining where companies like Vale are located and demand…
-
Ford Ends Production of Troller
Even though Ford has announced the end of production of the off-road Troller T4 in Horizonte, Ceará, Brazil, by September 2021, the secretary of industrial development of Ceará says that while Ford is working to sell the productive unit, it wants to keep the brand and the product design as its property. Government of the state is trying to change Ford executives mind about the decision.
Source: Autoespoerte / O Globo Read The Article
PSR Analysis: Troller T4 holds an important share of the sports…
-
Sinara May Dismiss 20% of Workers Because of Reduced Orders
Maxim Sakov The machine building company “Sinara – Transport machines” (STM), says it may be forced to dismiss 20% of personnel because it has lost most of its orders from Russian Railways for cranes and other railway service machines.
Sinara has lost 85% of the orders from Russian Railways for railway service machines. Because of decreasing orders from the railway monopoly, the main client of STM, 7,000 people on its plants have not worked since August. The total personnel number in STM is 32,000 people, so about 20% of its personnel is questionable. Now, the company is looking for a way to re-qualify these people
-
KAMAZ Introduces Hercules Articulated Truck
The first pictures of the new KAMAZ articulated mining truck have been published, showing a configuration of the truck with a 6×6 chassis. It will compete with the Caterpillar 740 and Volvo A40F.
The articulated frame will increase maneuverability and off-road characteristics of the truck. Hercules will be equipped with a hybrid powertrain. The new truck will use a KAMAZ R6 engine of 450 hp, and the nominal output of every electric motor will be 517 hp. The load capacity of Hercules is 40 tons, and the full weight is 75 tons. A light option with 4×4 format and 25-ton capacity are also in the plans.
-
Sany Challenges Komatsu’s Grip on Indonesian Construction Machinery Market
Akihiro Komuro The battle between major Japanese and Chinese construction machinery companies is intensifying in Indonesia. As the growth of the Chinese market slows, China’s Sanichi Heavy Industries is accelerating its overseas expansion in search of new sources of revenue.
Komatsu, which has a stronghold in Southeast Asia, is responding by introducing mid-priced machines and expanding its maintenance bases. Who will dominate the growing market following China will also affect the power structure of the construction equipment market in Asia.
-
Sony Joins Komatsu’s DX Alliance
On July 1, Komatsu launched EARTHBRAIN, a new company for the digital transformation (DX) of construction sites. The new company will provide services that will lead to significant cost improvements by digitizing and analyzing data from construction sites.
The parent company of the new company is LandLog, an IoT (Internet of Things) open platform company established by Komatsu in 2017. The investors will be substantially replaced, and some members of Komatsu’s digital unit will be transferred to the new company.
After approval by overseas authorities, Komatsu will provide 54.5%, NTT DoCoMo 35.5%, and Sony Semiconductor Solutions and Nomura Research Institute (NRI) 5% each. The company is well capitalized with more than 15 billion yen. Newly added to the list are Sony and NRI. Sony has an advantage in image sensors. NRI will provide its expertise in developing digitalization solutions.
-
US$ 22 Billion in Green Hydrogen Projects Planned in Brazil
From January to June, six Intention Letters to install H2V facilities have been signed by companies and the total of investment involved is around US$ 22 billion. One of the players is the Australian Fortescue, one of the six biggest producers of iron ore in the world. Companies of renewable energy such as the also Australian Energix Energy and petrochemical as British Petrol are also behind the investment plans.
Source: Valor Read The Article
PSR Analysis: The investment is…
TPI
PSR Truck Production Index
Free quarterly global commercial vehicle production report.
Alternative Power Report
The latest EV and power source news including batteries and fuel cells with analysis by PSR experts.
PowerTALK News
Stay informed each month with insights from Power Systems Research’s analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe View Archive
OE Link™ Offers
Global
Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
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