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Kawasaki To Spin Off Motorcycle and Engine Business
Kawasaki Heavy Industries said it will spin off its motorcycle and engine business in April 2021. The business is the only B2C business in KHI. By spinning off the business, the company aims to speed up decision-making and offer new products and services for consumers.
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Makita Engine Products To Be Discontinued in March 2022
Makita, a major power tool company, will discontinue the production of engine products such as engine mowers, engine chainsaws, and other engine products for garden equipment at the end of March 2022. The company will concentrate its resources on its mainstay rechargeable power tools and garden equipment, for which demand is expected to increase in the future. Annual sales of engine products account for less than 2% of the total.
Source: The Nikkei
PSR Analysis: I visited Makita's booth at the Agri…
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First Electric Highway Buses Start Operation in Southern Brazil
Fabio Ferraresi Intercity transportation of passengers by highway buses started in a new phase with the beginning of the operation of the first full electric plug in bus. It is Marcopolo Viaggio 1050 bus, assembled on BYD D9A 20.410 chassis, operated by Turis Silva. This initiative is also supported by EDP Smart, a division of Energy Solutions of EDP, a company of the electrical segment.
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Ford Transit To Be Produced in Uruguay and Sold in Brazil
Ford announced this month the production of the LCV Transit in Uruguay; it will be sold in South America countries, mainly Brazil. The LCV will be built in partnership with Nordex, which belongs to the Antelo group. Both companies have invested around US$ 50 million and the project will create 200 jobs. Nordex has extensive experience in the Uruguay market producing heavy trucks and passenger cars.
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Columbia Auto Market Maintains Growth Curve
The Colombian auto market has retained its growth curve in October by posting sales of 20,900 units, up 13.3% compared to September, a month which also grew 39% above August. Data source: Andemos
The Andemos said this recovery is due to the increase of procurement for “safe transportation” as well as reopening of the economy and ending of personal isolation.
According to Andemos, if no new measures requiring isolation are taken, then the reduction compared to 2019 will be around 30%
Source:…
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Russia To Start Making Diesel Engines for Passenger Cars
Maxim Sakov Today, there is no mass production of diesel engines for passenger cars in Russia. Production of the last such project, the turbodiesel ZMZ-514 for UAZ SUV, was halted several years ago.
But next year Russia will resume mass production of diesel engines for passenger cars. The PSMA Rus plant in Kaluga will make 1.6-liter diesels of the DV6 family, designed by French PSA. The production start is planned for mid-2021.
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KAMAZ Starts Development of Euro-6 Engine
Project “Tibet” is going on in R&D center of KAMAZ. Within this project, OEM is performing work on creation of an inline 6 cylinder engine, the KAMAZ-910.40 that meets the Euro-6 Emission standard. The initial prototype of the engine has been assembled.
New engine should have NOX reduced in 5 times, particles – in 2,5 times, ammonia – in 2,5 times, comparing to its predecessor. There are also stricter requirements to engine diagnostics.
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AutoVAZ Shows Best Monthly Sales for 6 Years in October
During October 2020 AutoVAZ increased sales of Lada cars (including the Niva brand) by 22.5% to 37,030 vehicles. This is a best result since October 2014, when the company sold 37,788 cars.
Marketing and sales vice-president of the OEM Mr Morne has explained demand and sales growth by State and own support programs.
AutoVAZ plans to work Saturdays and holidays during November to meet low inventories of cars among dealers. Read The Article
PSR Analysis: It appears that the grim forecast…
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Production-Linked Incentive (PLI) Scheme Might Draw Investors
Aditya Kondejkar The Union Cabinet has approved an expansion of the Production-Linked Incentive (PLI) scheme to include 10 more labor-intensive industry segments. The PLI outlay for automobiles and auto components is the highest at Rs 57,042 crore over five years, roughly Rs 10,000 crore a year.
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COVID-19 Hits European Pleasure Marine Industry
Natasa Mulahalilovic The year 2020 started very well for pleasure boat builders across the Europe but it was battered in mid-year by COVID-19. The Dusseldorf trade show, Boot, held at the end of January, ended with a positive outlook and promising results for 2020. Order books were full, thanks to the great boating mood created in previous years.
The unexpected and violent Covid-19 storm came up in March. Nobody was prepared to face the challenge. Builders had to stop production or to reduce their capacities to a minimum during April and May. Production schedules had to be reorganized according to security measures imposed by the local governments.
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