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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.
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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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Coronavirus Has Major Impact on Global Production of Off-Highway Equipment and Medium & Heavy-Duty Vehicles
Download Your PDF Copy of the Presentation
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.
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Dealing With Coronavirus
At Power Systems Research our business is based on being informed: Globally, and in several important industry segments.
Even as the coronavirus affects markets and industries and companies worldwide, we’re continuing to work effectively for our clients. We’re adjusting our operations hourly to meet the changing needs caused by coronavirus. Our IT staff has adapted PSR systems so our analysts around the world can work at home and communicate easily and effectively with each other and with the home office.
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Mercedes-Benz Focuses on Autonomous Driving Trucks
Daimler has realigned the focus of Mercedes-Benz on autonomous driving. Instead of self-driving cars, trucks are now at the top of its priority list.
Dalibor Sablic The German car maker initially planned to concentrate on autonomous cars, explained Daimler CEO Ola Kallenius in a conversation with journalists at the canceled Geneva Motor Show. The group believes that self-driving trucks are initially the more attractive area, says the Daimler boss, according to the news platform news.com.au.
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2019 North American Personal Watercraft (PWC) Production
88,200
In 2018, production was 89,509 units, up 3,035 units or 3.5% from 2017.
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Global Economic Fundamentals Strong, But Uncertainties Linger
This report is excerpted from the Q3 2019 Update Bulletin prepared for clients of Power Systems Research, Oct. 1, 2019.
SUMMARY. If you were to look at the latest global macro-economic fundamentals, you would see a strong and healthy economy and a rosy picture. On the other hand, if you follow the latest updates on key industries and their players worldwide, optimism is not that strong.
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Manitou Prepares for Slowdown after Record H1 2019
PSR Analysis: Manitou group reported a particularly strong H1 2019 with 24% growth over H1 2018. Michel Denis, Chief Executive Officer, said: “Over the first half of the year, business was very strong in our markets, as well as in almost all geographical areas,” he said.
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Brazilian Motorcycle Production Continues To Grow
In July 2019, 92,000 motorcycles were produced in Brazil, up sharply from the 68,000 units produced in June 2019. January to July production was 629,000, 6.3% above the 592,000 units produced in the same period of 2018.
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FAR EAST: SOUTH KOREA REPORT
Increased Uncertainty Causes Export-Investment Slump To Continue
In the August edition of the Economic Trend Report (Green Book), the Korean Ministry of Planning and Finance defined the recent Korean economy this way: “production has increased moderately but exports and investments continue to be sluggish”.
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