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Bus Chassis Production Shows Gains, Downturn Likely
Fabio Ferraresi Brazilian bus chassis production reached 16,200 units in the first half of 2026, up 3.2% year-over-year, but June output fell 20.8% from May and 15.1% from June 2025, signaling a possible reversal in the production curve. Registrations totaled 10,200 units in the first half, down 11.6% year-over-year, despite a June rebound supported by subsidized credit from Move Brasil 2.
Anfavea revised its 2026 outlook downward, projecting 22,500 registrations, 25,000 chassis produced, and 4,400 exports, reflecting weaker demand, high interest rates, public procurement delays, and the electoral calendar.
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XCMG Group, ZF Set Joint Venture for Ag Machinery
Jack Hao XCMG Group of Friedrichshafen, Germany, and ZF Group have signed a joint venture agreement to establish “ZF (Xuzhou) Machinery Co., Ltd.”, headquartered in Xuzhou Economic and Technological Development Zone, Jiangsu Province.
In 2024, ZF expressed its plan to localize the production of power shift transmissions in China. With this joint venture, we see a collaboration that may be a technology transfer or a long term strategy to localize China’s high-end agricultural equipment.
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PSR Provides $2,000 STEM Scholarship
Power Systems Research has provided its annual $2,000 STEM Scholarship (Science, Technology, Engineering and Mathematics) to 2026 Eagan High School graduate Ryan Houth.
The STEM scholarship is made through the non-profit Eagan Community Foundation, which has donated more than $3 million in scholarships, grants and initiatives to the Eagan community since it was founded in 1990.
Power Systems Research, a global data research and intelligence company, has been providing a STEM scholarship annually to the Eagan Community Foundation since 2013.
“Power Systems Research has been promoting engineering-based research since its founding in 1976,” noted Joe Zirnhelt, PSR president, in discussing the scholarship program. “We believe it’s extremely important to encourage and support STEM education at the high school level.”
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German Market Continues To Struggle
Emiliano Marzoli Data released in early June by the VDMA (German Engineering Federation) shows that Germany’s domestic machinery orders fell 4% to 5% in real terms year-over-year. High manufacturing costs and rigid bureaucracy continue to weigh down the home market. However, the industry is forecasting a 1% production recovery to $15.72 billion USD (€13.7 billion) for the latter half of 2026. This mild turnaround is entirely driven by the rollout of the German federal government’s “Special Assets” (Sondervermögen) off-budget funds, which are finally trickling down into physical orders for climate protection, infrastructure, and defense machinery.
Source: VDMA and VDW Read The Article Read The Article Read The Article
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