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Brazil OEMs Forecast CE Sales Growth of 20% in 2021
Fabio Ferraresi Volvo CE and Case Construction are aligned to affirm CE sales in Brazil will grow 20% in 2021 despite of the effects of the pandemic. With 18% growth of sales in Q1 2021 over the same quarter of 2020, CE executives are optimistic about full year sales.
Source: M&T Read The Article
PSR Analysis: First quarter of 2020 was a strong sales quarter over 2019 because the pandemic impact was not present until March 16, 2020.
This makes the result of Q1 2021 18% above Q1 2020 really strong…
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KAMAZ JV Will Invest in Mass Production of Equipment
The joint venture of KAMAZ and ZF Friedrichshafen AG is going to establish mass production of 12-speed automated gearboxes Traxon for trucks, buses and special machines with 44-80 ton capacity. At the moment, the JV is offering mechanical transmissions only. According to the plan, the production of gearboxes will be localized on 24%, power steering, by 10%, suspensions, by 40%. New products will be supplied to KAMAZ trucks, as well as to other OEMs – MAZ-MAN, Ural, Isuzu, etc.
The total budget of…
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Doosan Infracore Unveils Wheel Loader with “Transparent Bucket”
Doosan Infracore announced in March that it had introduced the industry’s first wheel loader with a “transparent bucket” function.
The transparent bucket is a system that allows the wheel loader driver to see even blind spots in front of the bucket through the monitor in the cockpit. The innovative system records images in front of the wheel loader with cameras installed at the top and bottom and shows the combined images in real time using a curved projection method.
The front of the wheel loader has been considered a major safety issue due to blind spots. With the transparent bucket function, however, the driver can easily check the blind spot in front of the bucket with a monitor to prevent safety accidents.
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Komatsu Targets CO2 Zero Emissions by 2050
Komatsu is aiming to reduce its CO2 emissions to virtually zero by 2050. The goal is to reduce CO2 emissions to zero not only from its own production of construction equipment, but also from the use of construction equipment by its customers. The company aims to achieve this goal by promoting the electrification of construction equipment, improving fuel efficiency, and encouraging customers to use their construction equipment more efficiently, etc.
The company will respond to the fact that ESG (Environmental, Social and Corporate Governance) investors are emphasizing the reduction of emissions, including those of customers.
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Komatsu to Sell Electric Construction Equipment in Europe
Akihiro Komuro Komatsu plans to release a battery-powered compact excavator that emits no exhaust gas in Europe in 2022. The company will also promote the quietness of the product and expects to use it in residential areas. Hitachi Construction Machinery will also double orders for electric excavators in fiscal 2021 compared to the previous year. Following the trend in the automobile industry, competition in the field of electric construction machinery is now in full swing.
The compact excavator to be launched by Komatsu will use lithium-ion batteries that are lightweight and can operate for a long time. It uses a motor instead of an engine, making less noise and emitting no exhaust gas. The company will first market the product in Europe, where environmental regulations are strict, and then consider launching it in Japan. Komatsu began renting several small excavators powered by lead-acid batteries on a trial basis in Japan in April 2020.
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DATAPOINT: NA Dumpers/Tenders, 2020 Production, 1,559 Units
The 1,559 units is the estimate by Power Systems Research of the number of Dumpers/Tenders to be produced in the U.S. in 2020.
This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
Market Share: With 62.5% of total units produced, Country Home Products leads in production of Dumpers/Tenders in North America. In second position…
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NA Economic Outlook: Slower H1 2021, But Much Stronger H2 2021 Expected
Yosyf Sheremeta SUMMARY. In our previous forecasts, we have discussed some hope for a V-shaped recovery, it did not materialize. Our conclusion was based on several factors, such as the current economic cycle, overall strength of the economy, fiscal policy, political landscape in the US and globally, etc. After managing through the early stages of the pandemic in H1 2020, we saw good trends in H2 2020 and we had reasons to be optimistic for a quick recovery.
However, the recovery took a slight pause during the last few months. Unemployment continued to increase, and regional lockdowns prevented the necessary demand for a significant year-end growth. Now that the elections are over, we’ll have yet to see what the new administration will be able to achieve during the next two years. Specifically, if the long awaited infrastructure reform can be passed. However, fiscal policy with near zero interest rates, which government has promised to keep in place for the near future, will provide a good platform for the economic recovery and allow us to look optimistically into 2021-2022.
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Increased Utilization Fees for Vehicles Planned
Russian authorities plan to increase vehicle utilization fees in 2021, according to automotive sources.
Utilization fees could be increased by as much as 25-30% for all types of vehicles, including special machinery, according to industry sources. This measure would be accompanied by a comparable devaluation of the national currency, which would reduce trade barriers.
Utilization fees were implemented in 2012. It was always considered as a compensation of Custom’s tax reduce after Russia’s entry into…
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Magni, Bobcat Reach New Heights
Emiliano Marzoli Magni TH, an Italian manufacturer of material handling equipment, has signed an agreement with Bobcat to supply a range of rotating telehandlers (RTH) between 18 and 39 meters.
The new machines will be produced in Italy, by Magni TH, with the Bobcat branding and stage V engines. In order to achieve demand Magni has already developed a new facility, allowing the company to produce 3500 rotating telehandlers per year, once at full capacity. This agreement will allow Magni to grow significantly according to their president and founder, Riccardo Magni.
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PSR/JCB Power Systems Construction Outlook Webinar
On November 30th, Power Systems Research with JCB Power Systems presented a webinar providing the 2021 outlook for construction equipment production and engine emissions trends in North America, South America and Europe.
The presentation included the latest information on COVID-19 impacts on construction equipment production. JCB Power Systems provided details regarding emissions in developing engine technologies that are coming to market across the globe.
PSR-JCB Power Systems Construction Equipment…
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