2020-12-18
Interested in presenting a webinar with Power Systems Research? It could be an effective marketing opportunity for your company if COVID-19 continues to shutdown industry gatherings this year as it did in 2020.
2020-12-17
SUMMARY: In this article we provide a global overview on a regional basis of the medium and heavy commercial vehicle market (GVWR > 6 MT’s) along with current trends and OEM happenings in North America.
NORTH AMERICA. MHCV production in North America is expected to decline by 35% in 2020 compared to 2019. However, orders for class 8 trucks improved significantly in Q4 2020 as large fleets placed their orders for a 2021 build. This appears to signal an improvement in demand for 2021 as the market aligns itself with the expected freight level moving forward. The consumer segment was strong during the last half of the year and the industrial segment is now expected to improve, as well.
2020-12-01
On November 30th, Power Systems Research with JCB Power Systems presented a webinar providing the 2021 outlook for construction equipment production and engine emissions trends in North America, South America and Europe.
The presentation included the latest information on COVID-19 impacts on construction equipment production. JCB Power Systems provided details regarding emissions in developing engine technologies that are coming to market across the globe.
2020-11-25
The Thai government has introduced a new investment incentive program to encourage domestic production of EVs. The new incentives will exempt the payment of corporate tax for eight years for those who invest more than 5 billion baht (about 17 billion yen) to produce an EV.
2020-11-24
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.
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.
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.
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.
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 regarding automotive production in Russia related to the epidemy is not going to come true. However, there is one more factor in the growing demand. The devaluation of national currency will force people to spend their Rubles before they lose a big part of its value. PSR
Data from the National Marine Manufacturers Association shows August was another strong month for new powerboat retail sales, which were up 8% year to date on a seasonally adjusted basis compared to a year ago.
New power boat retail sales did slowed in August following increases in the early summer months. Total sales were down 13 percent compared to July, while sales are still strong with increases across all major categories, year to date. Sales of saltwater fishing boats, tow boats, cruisers and yachts each had double-digit growth ranging from 11 percent to 15 percent, compared to 2019. PSR
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