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AutoVAZ Shows Best Monthly Sales for 6 Years in October
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…
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Market Updates: PowerSports, Lawn & Garden and Marine
New Powerboat Retail Sales Up 8%
Michael Aistrup 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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Power Systems Research and JCB Power Systems Offer Construction Equipment Outlook Webinar
On Monday, Nov. 30, 2020, at 9:00 am CST, representatives of two leading international firms will present a free one-hour webinar discussing the construction outlook in Europe and North and South America.During the session, Power Systems Research and JCB Power Systems will present the latest information on the impact of COVID-19 on construction equipment production. JCB will provide details on emissions in developing engine technologies that are coming to market across the globe.
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Bus Fleets Convert To Zero Emission Vehicles
During the past few years, many cities and states have committed to full adoption of their transit bus fleets to zero-emission vehicles. While the implementation dates vary, most are aiming to have the transition completed by 2040.
Chris Fisher Since transit buses typically have pre-defined routs and access to recharging infrastructure, they are good candidates for adoption. It also helps that this segment is not-for-profit, and a short-term payback is not required. The significant barriers to adoption appear to have been overcome.
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HDMA-PSR Webinar Report
Power Systems Research produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) that provided the outlook for commercial vehicle production in North America and Europe during Q4 2020 and 2021.
Download the presentation by PSR representatives Chris Fisher, senior commercial vehicle analyst, and Emiliano Marzoli, senior business development manager-Europe. A member survey…
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HDMA Presents Pulse Webinar with PSR
Providing 2021 Forecast on Global Production of Commercial Vehicles
Power Systems Research will produce a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) providing the outlook for commercial vehicle production in North America and Europe during Q4 2020 and 2021.
Hope you can participate. During the session, we’ll present important information that updates the North American comments we made in our COVID-19 Impact webinar in June. The HDMA Pulse Series Webinars provide suppliers with the information needed to make decisions in today’s rapidly changing business environment.
The webinar will be held Wednesday, Oct. 14, 2020 1:00pm – 2:00pm EDT.
Space is limited, so please register as soon as possible using the REGISTER NOW button on the HDMA website at www.hdma.org. If you are not a PSR Client or HDMA Member, an individual registration is $100. -
JAPAN REPORT: Toyota, Honda, Shell To Expand Hydrogen Fueling Network in US
Toyota, Honda and Shell announced a plan to expand their hydrogen refueling network in California.
Akihiro Komuro Shell will install hydrogen refueling systems at 48 gas stations using a grant from California’s hydrogen refueling infrastructure support. The company will also upgrade two Shell hydrogen stations and add fuel dispensers to heavy-duty truck stations.
Additionally, Toyota and Honda have agreed to expand sales of fuel cell vehicles (FCVs) in California to support the Shell hydrogen Stations. Toyota and Honda plan to expand sales of the Mirai and Clarity Fuel Cell, respectively.
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SOUTH KOREA REPORT: Doosan Infracore Collaborates with Game Developers
Doosan Infracore says it has signed an MOU with Unity Technologies Korea for mutual cooperation in the development of a construction process simulator.
Akihiro Komuro This is the first joint project with a game engine developer in the construction equipment industry, which is rare in the global construction equipment industry.
The game engine is regarded as very useful in various industries such as shipbuilding, logistics and construction. Doosan Infracore and Unity will work together to develop a simulator. It realizes various physical elements on a construction site where excavators and other equipment operate in a virtual environment. The simulator will be very useful in accurately predicting complex variables that may occur on a real construction site.
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VIETNAM REPORT: VinFast Enters Luxury Segment With New SUV
Vietnamese automaker VinFast has launched a luxury SUV, the VinFast President, to take on global brands like Lexus and Mercedes. To cost VND4.6 billion ($198,200), the seven-seater looks similar to VinFast’s first SUV, the Lux SA2.0, but with more advanced technologies and frills like massage and heated seats.
Akihiro Komuro Its 420HP V8 engine can go from zero to 100 kilometers per hour in 6.8 seconds and offers a top speed of nearly 300 kph. VinFast will produce only 500 units and sell them exclusively in Vietnam. The first 100 customers will get a 17% discount on the price.
In its segment, the VinFast President costs 45% less than the Lexus LX 570 and 33% less than the BMW X7. Industry insiders say it lacks some premium features often seen in luxury cars such as captain’s chairs, TV screens and a high-end sound system. The vehicle signifies the ambition of VinFast, a unit of Vietnam’s largest conglomerate, Vingroup, to enter all segments of the auto market after bringing out its first vehicle in July last year.
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Belaz Wins Tender To Sell 96 Mining Trucks To India
The world’s leading mining trucks OEM – Belaz – has won the opportunity to supply 96 mining trucks to India, taking the prize from US and Japanese manufacturers.
Maxim Sakov They are heavy 220-ton mining trucks. The supply will take two years. Twelve trucks will be shipped to India this year, and the rest will be sent in 2021. The total contract value exceeds US$ 300 million. Belaz also is completing a previous large contract with India for 77 trucks.
PSR Analysis: Historically, Belarussian…
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