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First FOTON Produced in New Brazil Plant
The first units of the 3.5-ton LCV have been assembled at the GEFCO Plant in Guaíba-RS as the company begins producing under a manufacturing contract for Foton.
Source: AutoData Read The Article
PSR Analysis:
Despite this news, the speed of the development of the new line will be reduced by COVID-19 and related factors, including the social restrictions and workforce mobility, the impact in the LCV segment and also the lack of parts from China, major part of the content…
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Q1 2020 Motorcycle Production in Brazil Was Strong But Will Drop in April
Different from the segments with 4 wheels or more, Motorcycles plants worked normally in March. The total production has been of 296 k motorcycles in the first quarter, about 7% above the same period of 2019. However, the stops in this sector started March 30 and will remain until the beginning of May.
Source: AutoData Read The Article
PSR Analysis:
Although motorcycles are also a way of delivering packages in big Cities, sales of motorcycles in Brazil have a closer relationship…
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Brazil Trailer Production Recovery Forecasted for September
In an interview April 9 with AutoData, the CEOs of 4Truck and Librelato pointed to a heavy recovery for transportation and the trailers business in September. The companies seem optimistic about the recovery from the COVID-19 crisis in Brazil.
Source: AutoData Read The Article
PSR Analysis:
The trailer segment, as well as the class 7 and class 8 segments, were enjoying a growth trend before the COVID-19 social restrictions were imposed. In the beginning of the quarantine period,…
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Marcopolo Resumes Production After COVID-19 Shutdown
Marcopolo started producing again April 13 after a break forced by COVID-19 control measures. The plants of Caxias do Sul and Duque de Caxias are producing again with lowered output. The number of workers is reduced and the space between people is expanded, among other measures for safety purposes. The São Mateus plant has not reopened.
Source: AutoData Read The Article
PSR Analysis:
The current scenario points to a heavy impact on the Bus market due to reduced customer traffic…
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COVID-19 Update: Europe Slowly Resuming Production
April 21, 2020–After four weeks of lockdown, some European countries are slowly lifting restrictions, allowing industrial production and some commercial operations to restart, and restoring some freedoms to their citizens.
Emiliano Marzoli In Italy, this week represents a key moment as some industries can resume production. Agricultural and Lawn&Garden OEMs can reopen their factories, although respecting strict regulations that will reduce factory capacity. The same is happening in Spain starting April 13, with all segments resuming work, but with differences across regions. Moreover, many OEMs were not able to meet the new working regulations and could not resume production.
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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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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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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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