News

  • Auto Expo 2020 Misses Majors But Shows Many New Products

    This article initially appeared in the February 2020 issue of PowerTALK News.

    Ritvik Kulkarni
    Ritvik Kulkarni

    The 15th edition of the biennial Auto Expo 2020 in New Delhi posted a record turnout of visitors. Despite missing out on mega launches and lukewarm participation by many OEMs, and absentees like Honda, Toyota, Fiat-Chrysler, Ford, Nissan, Audi, Hero Moto Corp, TVS Motors, Bajaj Auto and Royal Enfield the auto show presented many futuristic concepts and cleaner vehicles.

    Source: ET Auto.com  Read The Article

    PSR Analysis: With the entire country gearing up for the imminent transition to cleaner emission norms in BS6, and the uncertainty over the recovery of a bad 2019, it was impressive that the Auto Expo 2020 registered a record attendance.

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  • Colombia 2019 Car Sales Increase

    This article initially appeared in the February 2020 issue of PowerTALK News.

    Fabio Ferraresi
    Fabio Ferraresi

    Despite the poor performance of auto sales in Latin America countries such as Mexico and Argentina, Colombia keep growing sales of cars as Brazil, with 2.7% growth with 263,700 units in 2019. Colombia also leads in EV/HEV sales gains. The forecast for 2020 is that sales will continue growing at the same rate.

    Source: Andemos     Read The Article

    PSR Analysis:  Pent up demand for vehicles…

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  • CASE IH Posts Record Sales for Sugar Cane Harvesters in South America

    This article originally appeared in PowerTALK News .

    Fabio Ferraresi
    Fabio Ferraresi

    CASE IH celebrates positive results in 2019 with 649 sugar cane harvesters sold in Brazil in 2019 being 50% made by CASE. Case points the share growth to the improvements made at the model A8000 that can make up to 15% on operational cost savings and robustness for those machines that operates over 4,000 hours per year.

    Source: M&T     Read The Article

    PSR Analysis: Agricultural business remains strong. Despite…

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  • Near Term Recession Fears Recede in North America

    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
    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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  • Boot 2020 Wraps Up Successful Boat Show

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    Natasa Mulahalilovic is PSR MarineLink Product Manager

    Emiliano Marzoli is Senior Business Development Manager – Europe

    Dalibor Sablic is Senior Business Development Manager – Europe

    SUMMARY: The general mood at Boot 2020 this year was very positive. Most builders said they had a very successful nautical 2018/2019 year, and most said they are looking forward to a good year in 2020. The show drew 240,000 visitors who had an opportunity to meet 1,900 exhibitors from 71 countries.

    The Sailing boats segment is coming back on track, motorboats of all sizes are doing well, the super yachts segment remains strong, and inflatable boats and tenders have gained in popularity.  The optimistic view for 2020 is based on good year-end results, continuous investments in new technologies, materials, equipment, design and exciting new boat concepts.

    Natasa Mulahalilovic
    Natasa Mulahalilovic

    Modern designs, completely new looks, use of light and solid material, work on multi-functionality and openness of the boats is visible everywhere and in all segments.  Boats are open more than ever, providing more space and light, and bringing riders closer to the water.

    The environmental awareness is growing, and a new generation of boaters is looking for cleaner solutions, not just comfort. That’s why the sailing segment is gaining ground, electric boats are appealing to the general curiosity, and small and medium motorboats are more attractive than in last 10 years when the trend was towards bigger motor yachts and super yachts.

    17 Halls of Boats, Boats and More Boats

    Duesseldorf, Germany–The Power Systems Research (PSR) team spent several days exploring the 17 halls at this year’s Boot 2020 Show, reviewing products and talking with pleasure boat builders, traders and other industry professionals about the latest achievements, innovations and trends.

    The 51st edition of Boot 2020, Europe’s largest boat show, wrapped up January 26, after drawing attendance of 240,000 for the nine-day event. People came mainly from Europe, but they came from all over the world, as well.  

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  • PowerTALK News, January 2020

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    Global truck production declined in 2019 as reflected by the Power Systems Research Q4 2019 Truck Production Index, the company reported in the January issue of its monthly publication, PowerTALK News. Also included in this issue is the Q4 2019 PowerTracker NA generator report and its Q4 2019 Global economic analysis. Other stories in this issue include:

    • DataPoint: NA Off-Road Motorcycles
    • CNH, Nikola Develop Electric Truck
    • Expectations High for Brazil Construction
    • Kubota Invests in Ag Machine Data
    • Kubota Unveils Dream Tractor Concept
    • Russia Plans Use Fee Hikes
    • Russia 2019 Auto Sales Drop

  • PG&E Blackouts Lead to Best Fourth Quarter for Mid-Range Power in Five Years

    SUMMARY: Gen-set sales in Q4 2019 rose 3.5% from Q3 2019, driven primarily by growth in the middle power ranges. The 21-50kW range experienced the fastest growth at 7.5%, followed by 10-20kW at 3.7% and 101-300kW at 3.5%.

    When looking at this growth by application, we see that standbys were the only application to experience meaningful growth this quarter, ending with a strong 7.5% increase. Unlike previous quarters, this increased demand came from more than residential consumers. Institutional and industrial consumers increased their demand by 2.5% and 3.75%, respectively. This is the strongest fourth quarter showing for these consumer types in the last five years.

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  • TUPY Acquires Teksid from Fiat Group for €210 million

    SOURCE Tupy S.A. Read The Article

    Tupy S.A., a Brazilian-based manufacturer of engineered cast iron structural components, today said it has agreed to acquire FCA’s global cast iron automotive components business, which is operated through FCA’s subsidiary Teksid S.p.A.

    PSR Analysis: With the acquisition of the Italian cast iron foundry, the Brazilian company will have almost 10% of the global sales in the segment with a combined revenue in the range of 7 billion Reais (approximately $ 1.8 billion USD. PSR

    Tupy says this deal will expand its presence in key segments of the global capital goods industry and will expand its potential for growth in machining and engineering services.

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  • Isuzu Agrees To Buy Volvo’s UD Trucks Unit

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    Read the Article

    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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  • PowerTALK™ News, December 2019

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    It’s Show Season and the December issue of PowerTALK News features reports on GIE+EXPO and the NACV commercial vehicle show. Don’t miss the words and pictures.

    Here are the other top stories in this issue:

    • Show Time: GIE+EXPO and NACV Reports
    • Q3 2019 PowerTracker™ Gen-Set Report
    • DataPoint: NA On-Road Motorcycles
    • Nikola, Iveco, FPT Eye CV Market
    • Brazil CE Market Rebounds
    • Brazil Flex Fuel Problems
    • Hitachi Develops Electric Excavator
    • Doosan Bobcat Plans 3 Acquisitions
    • Hyundai Plans Indonesia Auto Factory
    • India Construction Outlook Could Improve in H2 2020
    • Russia AutoVAZ Plans Buyout of GM JV
    • Russia Car Market Drops
    • Russia Plans Inexpensive EV Production
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