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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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  • Marcopolo Resumes Production After COVID-19 Shutdown

    Marcopolo started producing again April 13 after a break forced by COVID-19 control measures. The plants of Caxias do Sul and Duque de Caxias are producing again with lowered output. The number of workers is reduced and the space between people is expanded, among other measures for safety purposes. The São Mateus plant has not reopened.

    Source: AutoData     Read The Article

    PSR Analysis:

    The current scenario points to a heavy impact on the Bus market due to reduced customer traffic…

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  • COVID-19 Update: Europe Slowly Resuming Production

    April 21, 2020–After four weeks of lockdown, some European countries are slowly lifting restrictions, allowing industrial production and some commercial operations to restart, and restoring some freedoms to their citizens.  

    Emiliano Marzoli
    Emiliano Marzoli

    In Italy, this week represents a key moment as some industries can resume production.  Agricultural and Lawn&Garden OEMs can reopen their factories, although respecting strict regulations that will reduce factory capacity.  The same is happening in Spain starting April 13, with all segments resuming work, but with differences across regions.  Moreover, many OEMs were not able to meet the new working regulations and could not resume production.

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  • DataPoint: 2020 Production Estimate, NA Skid Steer Loaders

    105,900 units is the estimate by Power Systems Research of the number of Skid Steer Loaders to be produced in North America (Canada and the United States) in 2020.

    This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

    Market Share: With 35% of total units produced, Bobcat leads in production of Skid Steer Loaders in North America. In second and third positions are Case New Holland and Caterpillar with 22.5% and 14.5%, respectively.

    Exports: Collectively, up to 30% worldwide.

    Trends: Production of skid steer loaders in North America increased 3% in 2019 over 2018. Prior to the COVID-19 pandemic, production was expected to remain flat with a nominal decrease of ½% in 2020.  This decline will be more severe with plant shutdowns etc., due to current virus concerns.  Overall, loader production could plummet up to 40% this year.  

    As the construction industry recovers, construction will continue to be a key driver in overall industry growth.  Flat sales can be attributed to the American agriculture industry that is sluggish (still battling commodity prices) that accounts for 29% of all skid steer usage in the market today. Expect production of Skid Steer Loaders in North America to increase up to 5% over the next 3-5 years.   PSR

    Carol Turner is Senior Analyst, Global Operations

  • PowerTALK™ News, April 2020

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    COVID-19 is the most important issue facing our industry globally in decades, and many of the articles in the April issue of PowerTALK News address the impact of this virus on production. Read about the industry’s reaction to coronavirus around the world in this issue. Be certain to review the video and the presentation slides from the PSR Webinar presented April 15, 2020.


    Download your copy of the presentation here. See the webinar video.

    IN THIS ISSUE
    • Dealing With Coronavirus—A Webinar
    • North America: Is Coronavirus A Natural Disaster
    • North America: High School Builds Face Masks
    • North America: Batteries Are Coming
    • North America: Outdoor COVID-19 Guide
    • Global: Truck Production Slumps
    • DataPoint: Skid Steer Loaders
    • Europe: COVID-19 Update
    • Brazil: Marcopolo Resumes Production
    • Brazil: Trailer Production Recovery Seen
    • Brazil: Q1 2020 Motorcycle To Drop
    • Brazil: First Foton Produced
    • China: NS6 Regulation Delayed
    • Japan: COVID-19 Hits OEMs
    • Korea: Doosan Hikes SNS Promotions
    • Southeast Asia: COVID-19 Shuts Auto Plants
    • Taiwan: Coronavirus Controlled
    • India: COVID-19 Report
    • Russia: Automakers Resume Work
    • Russia: Ambulance Purchases Planned
    • Russia: Market Decline Forecast

  • Outdoor Recreation Group Creates COVID-19 Guide

    The Outdoor Recreation Roundtable (ORR), a coalition of outdoor recreation trade associations and organizations, has published on their web site (www.recreationalroundtable .org) a guide for their members on the Outdoor Recreation Industry and the Coronavirus. Included on the site are Federal, State and Industry Resources, ORR’s letter to the President, Governors and Federal Government on the impact and recommendations to the Coronavirus crisis.

    The site also has suggestions on what small businesses…

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  • STA Uses 3D Printers To Produce Face Shields for Health Care Workers

    MENDOTA HEIGHTS, MN–Students at St. Thomas Academy High School in suburban Minneapolis, Minnesota, are using 3D printers in their Innovation Center to produce face shields for first responders and medical personnel who are battling the coronavirus.

    The school has garnered some national exposure for the manufacturing work it has done with its 3D printers, including time on an ABC News broadcast and a nice article in the St. Paul (Minnesota) Pioneer Press newspaper.

    Power Systems Research is a co-founder of the Innovation Center that’s part of the company’s effort to support STEM (Science, Technology, Engineering and Math) programs at local high schools.

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  • Q1 2020 Power Systems Research Truck Production Index (PSR-TPI) falls 31.1%

    and
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    ST. PAUL, MN — The Power Systems Research Truck Production Index (PSR-TPI) decreased from 122 to 84, or 31.1%, for the three-month period ended March 31, 2020, from Q4 2019. The year-over-year (Q1 2019 to Q1 2020) loss for the PSR-TPI was, 116 to 84, or 27.6%.

    The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

    This data comes from CV Link™, the proprietary database maintained by Power Systems Research.

    All Regions: Prior to the spread of the Coronavirus, most regions were experiencing a slowdown in commercial truck demand. Depending on the duration of the virus, several countries are expected to slip into recession or a significant economic slowdown as a result.

    Global Index: The possibility of a global recession now exists but it is uncertain how severe this may be. Some regions will fair better than others.

    North America: The introduction of the Coronavirus along with an overcapacity of heavy trucks will lead to significantly lower demand in 2020. Prior to the Coronavirus outbreak, concerns about the Chinese tariffs and an overall slowdown in global economic growth were causing some headwinds for truck demand. PSR

    Jim Downey is Vice President – Global Data Products at Power Systems Research

    Chris Fisher is the Senior Commercial Vehicle Analyst at Power Systems Research

  • Pandemic Leads to Accelerating Losses For NA Gen-Set Dealers in Q1 2020

    SUMMARY: Gen-set sales in Q1 2020 fell 9.8% from Q4 2019, as the United States faces perhaps its most serious economic and public health crisis since the Great Depression. No power range was immune to the decline.

    Sales in the 51-100kW range dropped 13%, the largest drop of any range, while the 101-300kW range faired the best, only shedding 6.5% of sales from Q4 2019.

    The losses were felt fairly evenly across applications, with temporary power falling the least at 7%, and standbys the most at 10%. Looking by customer type, commercial sales had their worst first quarter in at least the last five years, falling by 9.5%.

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  • Coronavirus Has Major Impact on Global Production of Off-Highway Equipment and Medium & Heavy-Duty Vehicles

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    Download Your PDF Copy of the Presentation

    https://youtu.be/nwrwDpOAZgQ

    ST. PAUL, MN–A team of international analysts from Power Systems Research (PSR) analyzed the impact of COVID-19 on the global production of Off-Highway Equipment and MH-Duty Vehicles in several regions today.

    The team examined the impact of the coronavirus in North America, Europe, Asia, India, and South America for the remainder of 2020 and into Q1 2021.  Download your copy of the presentation here.

    Read More »

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