The Brazilian group that acquired Randon Veículos, the division of Randon group that produced OH Trucks and Construction Equipment, at the end of 2020 launched the first model under the Müller brand. It has a 350 HP Turbo Intercooler produced by Scania and an Allisson Automatic Transmission.
PSR Analysis: Whether lucky or visionary, Müller is well positioned to produce positive results in coming years. While mining activity in Brazil is growing with record commodities prices and public bids for new exploration areas are expanding, competitors are mostly imported and suffer from exchange rate effects. PSR
Fabio Ferraresi is Director Business, Development-South America, for Power Systems Research
This pickup truck will be produced at the São Caetano plant using the GEM platform, the leader in the compact car segment with Chevrolet Onyx. This vehicle will be smaller than the GM S-10, produced in São José dos Campos, Brazil, and bigger than the old Montana. It should compete with Fiat Toro, leader in sales ant he Pick-up segment.
PSR Analysis: GM hopes to follow the success history of Stellantis in Brazil with a smaller, yet not compact pick-up. The successful history of GM with pickups in Brazil, since the 70’s with the C-10, D-10, D-20 and more recently with the S-10, in addition to sales leadership and brand recognition puts GM in a good position to get market share from Stellantis. In addition, the use of the GEM platform is a competitive advantage. The volume forecast in our databases will be about 50,000 units per year for this model. PSR
Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research
Frankfurt, Germany–For the first time, Continental has won an order to supply the commercial vehicle sector with telematics units that include high-performance computers. This means that the technology company now also offers a solution that can master the increasing requirements for connectivity, complexity and functional scope in trucks.
Continental will use its telematics know-how – already proven in the passenger car sector – to complete this order from Volkswagen. Last year, Continental was the first supplier to put a high-performance computer with software into serial production. The computer connects the electronics architecture, controls data streams, and enables over-the-air updates for VW’s all-electronic ID series.
In its solution for trucks, Continental combines the telematics unit with a high-performance computer, enabling the mapping of a large number of additional functions and different applications. Particularly in the efficiency-driven transportation industry, this entails competition-relevant applications ranging from the digitalization of the logistics chain and remote diagnostics to secure over-the-air software updates.
Continental says its solution can manage the large data streams generated in the vehicle much better than conventional computers. As a result, it not only can create opportunities for even more innovative functions and services, but also can ensure a high degree of flexibility for the customer.
Founded in 1871, Continental offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. PSR
After three years, Alstom is halting their EV bus production. By the end of 2021, the production lines will be stopped, and unless a buyer will take over, most of the operations will be shut down. Twenty employees will remain active to assure maintenance for the existing vehicles in operations with RATP.
Just two years ago, Alstom was one of the winners of a contract to supply electric buses to the French operator. However, this was not enough to maintain profitability.
PSR Analysis: We believe that electric buses have a great future, particularly in Europe. According to our database CV Link™, alternative drive buses, including Hybrid, Fuel Cells and Battery Electric, will grow at a 22% CAGR between 2020 and 2030.
EDITOR’S NOTE. Power Systems Research tracks the global trends powersports recreational equipment, especially the electrification of these units. This is one of a series of reports on these trends.
Harley-Davidson’s LiveWire strategy includes these key take-aways:
Unique lineage: LiveWire draws on its DNA from the lineage of Harley-Davidson, capitalizing on a decade of experience in the EV sector.
Motorcycles + beyond: with an initial focus on the urban market.
Virtual HQ: LiveWire will be headquartered virtually, with initial hubs in Silicon Valley, CA (LiveWire Labs) and Milwaukee, WI.
Marketplace: LiveWire will work with participating dealers from the Harley-Davidson network as an independent brand. A go-to-market model will blend digital and physical retail formats.
Dedicated showroom: LiveWire will operate dedicated EV showrooms in select locations, starting in California.
Technology focus: LiveWire plans to develop the technology of the future and to invest in the capabilities needed to lead the transformation of motorcycling. LiveWire expects to benefit from Harley-Davidson’s engineering expertise, manufacturing footprint, supply chain infrastructure, and global logistics capabilities.
Technology sharing: Harley-Davidson and LiveWire intend to cooperate and share their technological advancements to ensure an industry leading application in their respective core segments.
POLARIS FIRST QUARTER 2021 EARNINGS RESULTS. Polaris released first quarter 2021 results with reported sales of $1,951 million, up 39% from reported sales of $1,405 million for the first quarter of 2020. The company reported first quarter 2021 net income of $134 million compared with a net loss of $5 million for the 2020 first quarter.
Gross profit increased 64% to $481 million for the first quarter of 2021 from $293 million in the first quarter of 2020. Reported gross profit margin was 24.6% of sales for the first quarter of 2021.
Polaris Product Segment Highlights:
Off-Road Vehicles (“ORV”) and Snowmobiles totaled $1,232 million for the first quarter of 2021, up 50% compared to $824 million for the first quarter of 2020. PG&A sales for ORV and Snowmobiles combined increased 51% in the first quarter of 2021 compared to the first quarter last year.
Motorcycles totaled $166 million, up 31% compared to the first quarter of 2020, driven primarily from increased sales of Slingshot, Indian Motorcycles.
Global Adjacent Markets segment sales, including PG&A, increased 27% to $125 million in the 2021 first quarter compared to $98 million in the 2020 first quarter driven by increases in demand in North America and EMEA.
Aftermarket segment sales of $230 million in the 2021 first quarter increased 14% compared to $202 million in the 2020 first quarter. Transamerican Auto Parts (TAP) sales of $193 million in the first quarter of 2021 increased nine percent compared to $177 million in the first quarter of 2020.
Boat segment sales increased 29% to $199 million in the 2021 first quarter compared to $155 million in the 2020 first quarter, driven by sales growth in all three brands, Bennington, Godfrey and Hurricane.
POWERSPORTS MARKET ANALYSIS. The powersports market observed a slowdown during the first two quarters of 2020 driven by the spread of the COVID-19. Shortages of labor and materials in the first quarter led to many industry challenges. Governments began lifting the lockdown restrictions to stabilize the economic activities in the third quarter of 2020. During this period, the powersports industry witnessed steady growth owing to the rising inclination of individuals toward participating in outdoor recreational activities while complying with social distancing norms.
Powersports market size exceeded $34 billion in 2020 and is expected to grow at around 6% CAGR between 2021 and 2027. The global power sports unit sales are anticipated to reach over 3 million units by 2027. PSR
Michael Aistrup is Senior Analyst covering Recreational Products for Power Systems Research
Since the latter part of last year, North American heavy commercial truck orders have been extremely strong as freight rates remain very high. Both contract rates and spot rates are in record territory, primarily driven by consumer spending, a strong housing market and an improving manufacturing sector.
The anticipation of the stimulus spending and increasing vaccination rates for Covid-19 are also driving optimism in the economy. However, rising inflation could derail the improving economy.
431,900 units is the estimate by Power Systems Research of the number of Scooters to be produced in North America (Mexico and the U.S.) in 2021.
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.
Market Share: Dominating the NA market for Scooter production is Mexico-based Italika with 89% of total units produced. In second position is Honda-Mexico with 11%; third is US-based Go-Ped with 178 units.
As we move through the 2021 year, we at Power Systems Research are working to include enhancements within the data for our Medium and Heavy Vehicles segment that is available in OE Link™, CV Link™ and PartsLink™.
We have added several new fields to increase the value of the data to users as they analyze and further segment the markets. These enhancements, now available as of March 31, 2021, include:
OEM Assembly Information for Knockdown (Kit) Production. New fields including OEM Assembly Type (Kit vs. Full), OEM Assembly Plant and OEM Assembly Country which will help in the analysis of OEMs involved in knockdown production (i.e. Kit) where initial production of the engine and chassis are different from the final OEM Country.
OOO Renera, subsidiary of Rosatom, has purchased Enertech International, a South Korean company.
According to the signed agreement, Li-Ion accumulator batteries and related power systems will be produced in Russia. It’s expected that production will be started in 2025, and in 2030 the plant capacity will be increased to minimum 2 GWt*hr
The batteries will be installed in trucks, buses and special machines.
PSR Analysis: It’s important to notice that there are no passenger car batteries among the planned production. So, electric passenger cars are still not considered as having significant market potential in Russia. PSR
Maxim Sakov is Market Consultant – Russia Operations for Power Systems Research
The central government in mid-April announced its long-awaited vehicle scrappage policy. Under the new policy, in case of failure to get a fitness certificate, commercial vehicles will be de-registered after 15 years. Private vehicles will be de-registered after 20 years if found unfit or in case of a failure to renew registration certificates
There are approximately 50 lakh vehicles in India that are older than 20 years, approximately 35 lakh vehicles older than 15 years, and approximately 15 lakh older than 15 years without renewed fitness certificate.
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