News

  • Recession May Come Before CASE Is Realized

    GUEST EDITORIAL


    President and Founder, Japan Electrification Research Institute, Ltd.

    SUMMARY. The global auto industry is bubbling with changes and dramatic new ideas, but the current declining financial performances of Japanese auto OEMs may force them to drop out of the race temporarily before they can take advantage of the growing demand for autonomous vehicles.

    Read More »

  • PowerTALK August 2019

    The August 2019 issue of PowerTALK, the monthly report of world news and analysis from Power Systems Research, contains an economic outlook report for North America and a guest editorial by Mr. Kenichiro Wada who discusses the near-term problems facing Japanese auto OEMs as they develop autonomous vehicles.

    Read More »

  • Off-Highway Truck Production

    2019 NA Production About The Same as 2018

    1400 Units

    This information originally appeared in the August 2019 issue of PowerTALK.

    Carol Turner is Senior Analyst, Global Operations

    DataPoint

    Fourteen hundred units is the estimate, by Power Systems Research, of the number of Off-Highway Trucks that will be produced in the United States and Canada during 2019. Estimated 2019 production will be about the same as 2018.

    In 2018, production was 1412 units, down 55 units or 4% from 2017.

    This information comes 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: Caterpillar leads in the production of Off-Highway Truck in NA with 54.5% of total units manufactured. In second position is Deere with 28%; third is Komatsu America with 15.5%. 

    Carol Turner
    Carol Turner

    Senior Analyst Global Operations

    Exports: Collectively up to 20% worldwide

    Trends: The decline in manufacturing from 2017 is caused by the weakening of mining related activities especially within the copper and gold segments along with overseas mining related issues.

    It was favorable news in 2017 for companies servicing the mining sector after project opportunities declined the past few years. There was an increasing demand for mining operations due to the rise the excavation of iron ore, nickel and bauxite followed by gold and copper. Expect the production of Off-Highway Trucks to increase up to 3% over the next three years, but that number will fluctuate with the demand for mining.     PSR

  • PowerTALK News, August 2019

    Download PDF

    North America Economy Slows and Shifts

    The August 2019 issue of PowerTALK News, the monthly report of world news and analysis from Power Systems Research, contains an economic outlook report for North America and a guest editorial by Mr. Kenichiro Wada, who discusses the near-term problems facing Japanese auto OEMs as they develop autonomous vehicles.

    The North American economic forecast by Yosyf Sheremeta, Director of Product Management & Customer Experience. During H1 2019, he writes, the economy remained stable and pure economic conditions in the region were favorable. Most industries performed very well, and the short-term outlook remains flat to positive for most market segments. “However,” he writes, “we see many new developments that could suggest a shift in the trend.”

    Here are other Top Stories in the August issue:

    • Guest Editorial: Japanese Autonomous
    • Data Point: US Off-Hwy Trucks
    • China Has Largest EV Charging Network
    • Brazil Harvester Sales Grow
    • CAT Brazil Shows New Units
    • Manitou Sees Slowdown
    • Doosan Introduces Electric Units
    • India 2-Wheel Sales Fall
    • India 2-Wheel Inventories Climb
    • Russian Auto Plant Begun
    • Russian Machinery Sales Up 30%
    • Russia, China Team Up

    Across all market segments, we expect overall total OEM equipment production numbers to be flat for 2019, which is in line with our previous projection in Q4 2018 at -0.6%. We see an almost flat to slightly lower level of overall activity in 2020 at -2.0%, as the overall economy reaches its peak in productivity, and as demand levels decline going into 2020-2021.

    We saw a slight drop in demand for consumer products, starting at the end of 2016-2017, but the overall level of demand remained stable in 2018. We project these markets to be flat this year. Most of the decline is cyclical and is mainly due to markets having reached their peaks in 2016-2018. At this point, over the mid-term and long-term, we do not expect any major or significant declines in any of the segments.

    Read his complete report  in the August issue of PowerTALK.

  • MotorIndia Magazine: India CV Market Facing Lower Demand in 2019

    The India CV market is facing lower demand in 2019, reports MotorIndia magazine in its August 2019 Market Outlook issue.

    CV Link is a comprehensive database updated quarterly that covers the CV market.

    After a blockbuster growth in 2017 and 2018, writes Shah, growth that was largely driven by demand for tipper trucks due to the new infrastructure, mining projects and fleet replacement; the party ended in Q4 of 2018.

    Read More »

  • NS 7 Will Bring More Stringent Emission Regulation

    In speech “Development Status and Trend of Mobile Emission Regulation”, delivered by Research Fellow Ms. Ni Hong of Chinese Research Academy of Environmental Sciences, think tank for Ministry of Ecology and Environment, in concurrent event of Engine China 2019, Ms. Ni noted that CO2 reduction is an issue of future scrutiny. NS 7 will come after NS 6 and that emission regulation will only be more and more stringent.

    Source: China Automotive News     Read The Article

    Read More »

  • Engine China 2019 Witnesses Wave of NS 6 and NR 4 Products

    Beijing  – Engine China 2019 exhibits engine products from Weichai, FAWDE, Yuchai and Cummins.

    Source: Orient Better Exhibition (Beijing) Co Ltd      Read The Article

    Read More »

  • China Has World’s Largest EV-Charging Network

    China has built the world’s largest electronic vehicle charging infrastructure network, attracting capital from diversified sources.

    Source: China Daily    Read The Article

    Read More »

  • PowerTALK July 2019

    Download PDF

    Global Truck Production Picked Up in Q2 2019 

    Global truck production picked up in Q2 2019, according to the proprietary Truck Production Index (TPI) produced by Power Systems Research. YoY numbers were flat, however. The report is contained in the July issue of PowerTALK, the monthly newsletter produced  by Power Systems Research. 

    Other top stories in this issue of PowerTALK include:

    • Data Point: US Combine Production
    • Brazil Auto Parts Sales Increase
    • Global Economic Growth Cycle Slows
    • Brazil Plans Energy Cost Reductions
    • Toyota Sets China Battery Partnership
    • China Auto Sales Decline Sharply
    • Daimler-BAIC Partnership Strengthened
    • Kawasaki Plans Hydrogen Liquefaction Expansion
    • India Used Car Sales Climb
    • Russia Dropping Electric Car Plans for NG
    • Auto OEMs Get Russia Support

  • Daimler and BAIC Relationship Becomes Stronger

    Ola Källenius, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: “We are very pleased that our long-standing partner BAIC (Beijing Automotive Group Co. Ltd.) is now a long-term investor in Daimler.”

    Daimler and BAIC are linked in a long-term partnership. Daimler has been shareholder of BAIC Motor since 2013.
    Read The Article

    Read More »

Filter News Posts

Reset

Current Reports

Download complimentary reports that show the type of information available from Power Systems Research.

PowerTALK News

Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.

Subscribe