News: PowerTALK

2020-04-08

Coronavirus Has Major Impact on Global Production of Off-Highway Equipment and Medium & Heavy-Duty Vehicles

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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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2020-03-22

Mercedes-Benz Focuses on Autonomous Driving Trucks

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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
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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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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2019-08-27

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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SOUTHEAST ASIA: THAILAND, INDONESIA REPORT

Thailand May Become New Car Sales Leader in 2019

New car sales from January to June in six major countries in Southeast Asia were 1.7 million, unchanged from the same period of the previous year.

Thailand and Indonesia are the two major markets. Thailand, where consumption is strong, increased by 7% year-on-year, while Indonesia, which faces a decline in resource prices, decreased by 13%. Thailand could be ranked first this year for the first time in six years.

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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.

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2019-08-26

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.