Trucks Class 8 (>16 tonnes)

  • KAMAZ Net Profit Exceeds US$ 20 Million

    KAMAZ has reported a net profit of (more than US$ 20 million (1545 million Rubles) for 2020. KAMAZ reported revenue for 2020 of US$ 2.47 billion (185.8 billion Rubles), an increase of more than 16% over 2019. This growth is based on domestic truck sales, the introduction of the K5 range, and an increase in bus and electric bus sales.

    Despite the COVID pandemic, in 2020 KAMAZ secured positions in the market and has claimed the status of leading Russian heavy vehicles supplier. The company claims a…

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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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  • Beijing Accelerates “Fuel for Battery” Policy

    Qin Fen
    Qin Fen

    The Beijing Municipal Commission of Transport in February issued an action plan describing how to switch out IC-powered light commercial vehicles in urban areas.

    The city government will subsidize fleet companies switching out 20 gasoline or diesel powered vehicles to battery-powered cargo vehicles one time before Aug. 31, 2021.  The government will issue city passes to fleet companies on more favorable terms than ICE powered cargo vehicles.

    There will be a government transportation center to monitor every battery-powered vehicle on operating range, GPS, etc., in case someone embezzles government subsidy.

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  • Foton Announces Electric Truck in Brazil

    After adding 28 Ford dealers to bring its dealer total in Brazil to 38 dealers, the Chinese giant is preparing to introduce an EV to i its new lineup in H2 2021. It plans to add trucks in the 17 ton – 24 ton range for 2022, the most popular in Brazil. In addition to the EV and Diesel Trucks, Foton will evaluate the potential for a CNG Trucks for launch after the EV, but it has shorter term potential for higher volumes.

    Source: O Estado de São Paulo      Read The Article

    PSR…

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  • Truck News: Ask The Expert

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    Chris Fisher
    Chris Fisher

    What changes do you see in the PSR Truck Production Index in the fourth quarter compared to the third quarter of 2020?

    Overall, we are seeing stronger momentum for commercial truck orders and sales which bode well for production in Q1 2021.

    Supply chain issues will impact short term production as companies are still having difficulty with staffing numbers and various virus protocols that disrupt production. These problems are expected to continue throughout at least the first half of the year.

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  • Semiconductor Shortage Forces Automobile Production Cuts

    Aditya Kondejkar

    Officials at Volkswagen, Ford, Fiat Chrysler, Toyota and Nissan all say they have been hit by the shortage and have been forced to delay production of some models in order to keep other factories running.

    A widening global shortage of semiconductors for auto parts is forcing major auto companies to halt or slow vehicle production just as they were recovering from pandemic-related factory shutdowns.

    “This is absolutely an industry issue,” Toyota spokesman Scott Vazin said in an email. “We are evaluating the supply constraint of semiconductors and developing countermeasures to minimize the impact to production.”

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  • Italy’s CNH and China’s FAW in Talks Over Truck Maker Iveco

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    CNH Industrial is in talks with China’s FAW over the future of truck maker Iveco, the Italian-American group said recently after sources told Reuters it had revived previously aborted negotiations.

    Source: Reuters    Read The Article

    PSR Analysis: Another positive development in the industry during such a gloomy crisis, FAW fits the merger success story I just mentioned about the few surviving companies.  There are for sure many challenges ahead with the acquisition, particularly…

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  • Ford Announces Shutdown of Plants in Brazil

    Fabio Ferraresi
    Fabio Ferraresi

    Ford announced on Jan. 11 plans to shut down all car manufacturing operations in Brazil. Ford produced cars in Camaçari-BA, Taubaté-SP, and off-road vehicles (Troller) in Horizonte-CE.

    The company will keep selling vehicles, especially the Ford Ranger, produced in Argentina and other products from other locations, such as the Transit, Bronco and Escape. Because of this action, Ford Expects an impact of US$ 4.1 billion in non-recurring expenses and a US$ 2.5 billion cash impact.

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  • Prototypes of 100% Brazilian e-Truck Tested at Agrale

    Agrale plans to soon start production of electric trucks with the FNM brand, a Brazilian OEM that operated from 1939 to 1979. These trucks will target urban distribution and will be produced at Unit 2 of Agrale, in Caxias do Sul-RS. The Trucks use the base of trucks Agrale completed with an electric propulsion system.

    Source: Agrale     Read The Article     Read The Article

    PSR Analysis: It is hard to say how many Electric Trucks will be sold under the FNM Brand…

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  • Trucking News: Asking The Expert

    Chris Fisher
    Chris Fisher

    What is the current state of electric vehicle technology globally as well as the U.S.?

    From a medium and heavy truck perspective, electric trucks are still in the early stages of testing and it will still be a few years before we know if the current technology will be effective.  Transit or city buses are much further along in the process since these are largely not for profit vehicles and have more dedicated routes that allow for more consistent recharge. 

    China is probably the furthest along with electric bus adoption with almost half of all medium and heavy buses produced being electric.  While electrified bus adoption in North America and Europe is not nearly as strong as China, demand is increasing. 

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