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  • DICV To Strengthen Dealership Network

    Aditya Kondejkar

    Daimler India Commercial Vehicle (DICV), a subsidiary of Stuttgart-based Daimler, plans to increase its dealership count by 10% to 250 this year.  Read The Article

    As Ashok Leyland (second largest player in the MH CV segment) is reducing its business to focus on SCV, DICV is adopting an aggressive strategy in the struggling Indian MH CV industry.

    Read More »

  • Tractor Companies Boost Output as September Sales Surge 80%

    For 18 months, tractor factories were working on a single or 1.5 shift basis at best because of demand slowdown. With numbers picking up, factories now are moving to two or three shifts to hit 100% capacity utilization. The capacity is currently 9.5 lakh units on a two shift basis, but we can also go to three shifts if the demand holds up.      Read The Article

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  • Kawasaki Receives Order for First Electric Tanker

    Akihiro Komuro
    Akihiro Komuro

    Kawasaki Heavy Industries says it has been awarded a contract to design an electric propulsion system for the world’s first electric tanker. Two shipbuilders in Shikoku will build the two vessels, with the first one to be completed by March 2023. It is about 60 meters long and has a gross tonnage of 499 tons.

    Read More »

  • Yanmar To Analyze Data on Agricultural and Construction Equipment

    Yanmar Holdings announced it will begin operating Yanmar Synergy Square, a support base for monitoring the operational status of customers’ agricultural and construction equipment, beginning Oct. 19, 2020.

    Data will be collected and analyzed via communication from sensors installed on machines and equipment. It will suggest parts replacement and maintenance before they malfunction. It was built at a cost of 2.5 billion yen (23.8 million USD) and will be operated by Yanmar Global CS, a subsidiary of the company.

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  • TADA Raises US$5 Million To Enter EV Tuk Market

    Singapore-based MVLLabs, the operator of car dispatch service TADA, has raised US$5 million. MVLLabs is a company that operates a mobility ecosystem based on the blockchain protocol. TADA, a no-fee car dispatch platform built on MVL’s blockchain, launched in Singapore in 2018.

    In 2020 they are also expanding into Cambodia and Vietnam. MVLLabs plans to use the funds raised to facilitate continuous expansion and further develop the mobility ecosystem.

    According to them, mobility data such as transactions,…

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  • Hyundai and LG Electronics To Collaborate on In-Car Appliances

    Hyundai Motor will collaborate with LG Electronics on home appliances for the interior of electric vehicles. The two companies will work together to develop OLED TVs to be mounted on the ceiling and walls, as well as home appliances such as refrigerators and coffee makers that make the interior of the car more comfortable. They unveiled the next generation concept car “Ionic Concept Cabin.”

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  • Tesla Cuts Prices of China-Made Cars

    Jack Hao
    Jack Hao

    Taking advantage of new battery options and big government subsidies, Tesla has slashed its Model 3 prices in China. The company’s Chinese website is now advertising a base price for the popular battery-electric sedan of 249,900 yuan, or roughly $36,800.

    While this is big news for the company in its efforts to remain dominant in the Chinese market, U.S. consumers won’t be affected…at least, not yet

    Read More »

  • Petrobras Finishes Tests To Start Production of HVO in Brazil

    Fabio Ferraresi
    Fabio Ferraresi


    Petrobras has concluded the test production of 40 million liters of diesel mixed with HVO from 2 million liters of soy. The regulation is still pending on ANP.

    Once regulated, the HVO will compose part of the renewable mix at Diesel with the existing Biodiesel yielding better effects for engines and even less emissions. Today, the renewable content of the mix is 12% and it will reach 15% by 2023.

    Read More »

  • Iveco Sets Record Sales of NG Trucks in Argentina

    After selling 35 NG Trucks in Chile, Iveco announced the sale of 100 Stralis NP Cursor 13 NGs in Argentina for a supplier to O&G industry in the Southern country.     

    Source:    Read The Article

    PSR Analysis: The acceptance from customers helps to remove a barrier to NG sales, transforming this technology from a Trend to a reality. NG was formerly more deployed in Buses than in Trucks. With the experience of fleet owners, the technology will gain scale rapidly…

    Read More »

  • Brazil Extends Trade Agreements with Mexico and Paraguay

    ,

    Brazil recently published two trade agreements with Mexico, and, earlier in July, with Paraguay. The Mexican agreements cover Commercial Vehicles trade, with the reduction of import taxes progressively reaching zero by 2022. The agreement with Paraguay covers auto parts taxes from country to country. The taxes are now between 0 and 2% and will be zero in 2022.

    Source:     Read The Article

    PSR Analysis: The agreement with Paraguay is beneficial to auto parts makers on both sides…

    Read More »

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