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First FOTON Produced in New Brazil Plant
The first units of the 3.5-ton LCV have been assembled at the GEFCO Plant in Guaíba-RS as the company begins producing under a manufacturing contract for Foton.
Source: AutoData Read The Article
PSR Analysis:
Despite this news, the speed of the development of the new line will be reduced by COVID-19 and related factors, including the social restrictions and workforce mobility, the impact in the LCV segment and also the lack of parts from China, major part of the content…
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Brazil Trailer Production Recovery Forecasted for September
In an interview April 9 with AutoData, the CEOs of 4Truck and Librelato pointed to a heavy recovery for transportation and the trailers business in September. The companies seem optimistic about the recovery from the COVID-19 crisis in Brazil.
Source: AutoData Read The Article
PSR Analysis:
The trailer segment, as well as the class 7 and class 8 segments, were enjoying a growth trend before the COVID-19 social restrictions were imposed. In the beginning of the quarantine period,…
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RUSSIA REPORT, March 2020
This report includes updates on these manufacturers: Haval, Claas, Aurus, and KAMAZ.
Haval To Build Engine Plant in Russia
This article first appeared in the March 2020 issue of PowerTALK™ News
Haval, the Chinese manufacturer, said it plans to build its own engine plant in the Tula region of Russia. Work is scheduled start this month (March 2020). The planned investment in the project is US$ 270 million. This information comes from press-service of Haval Motor Rus.
Maxim Sakov It’s expected that the new plant will produce 80,000 engines annually, increasing the localization level of SUVs by several thousand units annually. Total personnel number in automotive plant exceeds 1000 people. Read The Article
PSR Analysis: The first Russian Haval plant opened in May of 2019. Current production capacity is 80 Haval SUVs. The plant will be located on a 10,000 sq.m. site next to the Haval automotive plant. It will provide more than 300 jobs.
Claas is Shifts Production of Tucano 320 Harvester To Russia.
In April 2020, Russian plant Claas in Krasnodar will start producing the Tucano 320 grain combine. During the first two years, this model will be produced simultaneously in Germany and in Russia. Beginning in 2022, the plant in Krasnodar will became the sole maker for this model. The move opens opportunities to increase production and export volumes for the Russian plant.
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Mercedes-Benz Focuses on Autonomous Driving Trucks
Daimler has realigned the focus of Mercedes-Benz on autonomous driving. Instead of self-driving cars, trucks are now at the top of its priority list.
Dalibor Sablic The German car maker initially planned to concentrate on autonomous cars, explained Daimler CEO Ola Kallenius in a conversation with journalists at the canceled Geneva Motor Show. The group believes that self-driving trucks are initially the more attractive area, says the Daimler boss, according to the news platform news.com.au.
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Foton To Produce Trucks in Brazil Again
This article initially appeared in the February 2020 issue of PowerTALK ™ News.
Foton says it will start producing Trucks in Guaíba-RS, in the facility formerly designated for his own factory. However, the production will be handled by GEFCO under a manufacturing contract, with parts imported from China. Previously, Foton assembled its trucks at the Agrale plant, also in Rio Grande do Sul state, to meet commitments made under government incentive programs. The number of models built here is likely…
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We Expect 2020 NA Overall OEM Production To Be Flat
This article initially appeared in the February 2020 issue of PowerTALK News.
SUMMARY. The North American economy remained stable in 2019 and pure economic conditions as well as fundamentals in the region were favorable. Most industries performed very well, and the short-term outlook remains stable to flat for most market segments. However, we see many new developments that could suggest a shift in the trend.
Yosyf Sheremeta Consumer confidence declined slightly in December, following a moderate increase in November. The Conference Board’s Consumer Confidence Index stood at 126.5 in December, 1.4 points higher than in September 2019.
Per Lynn Franco, Senior Director of Economic Indicators at The Conference Board: “While consumers’ assessment of current conditions improved, their expectations declined, driven primarily by a softening in their short-term outlook regarding jobs and financial prospects. While the economy hasn’t shown signs of further weakening, there is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020.”
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KAMAZ Patents Electric Truck Without Cab
This article initially appeared in the February 2020 issue of PowerTALK News.
This truck has a very unusual design. The database of Rospatent has shown drawings of a cabless truck with an electric motor. The patent owner is KAMAZ. The truck has a very unusual appearance because it doesn’t have a cabin – it’s a box on wheels with low clearance, and it features round head and rear lights, and a vent grid. No details are available about the motor, except that it’s electric.
Maxim Sakov The truck looks…
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New India Budget Disappoints Auto Industry
This article initially appeared in the February 2020 issue of PowerTALK News.
Source: Business Today Read The Article
Ritvik Kulkarni PSR Analysis: The Indian Automotive Industry was largely left disappointed with the budget after no direct steps were taken to arrest the decline in automotive sales. Although keeping long term benefits in mind, the budget did introduce measures to boost the rural economy, which in turn will directly benefit the commercial vehicle industry which is an important driver for the economy.
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Isuzu Agrees To Buy Volvo’s UD Trucks Unit
PSR Analysis: Isuzu has agreed to form a business alliance with Sweden’s Volvo in the Truck field and to acquire Volvo’s UD Trucks subsidiary. The amount of the acquisition depends on the negotiations, but Isuzu sees UD Trucks as a business size of 250 billion yen.
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Carlos Briganti To Participate in AutoData Commercial Vehicle Seminar
Carlos Briganti, managing director of South American operations for Power Systems Research, will discuss, trends and production volumes for the national market of commercial and off-road vehicles at a seminar on Commercial Vehicle Perspectives sponsored by Autodata Dec. 3, 2019.
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