Rio de Janeiro Plans 100% Electric Buses by 2050

News: Central/South America

2021-06-27

Rio de Janeiro Plans 100% Electric Buses by 2050

Fabio Ferraresi
Fabio Ferraresi

The Mayor of Rio de Janeiro has announced a package of alternative power measures and goals with two important milestones for 2030 and 2050. Here are the main goals affecting the mobility and transportation industry:

2030

  • Replace 20% of Public Service of Bus Transportation by Zero Emission Vehicles.
  • Reduce by 10% the average time of commuting by public transportation.
  • Increase by 400% the number of trips by bicycle.  
  • Reduce by 20% the emission of GHG.
  • Reach 100% of city regions with selective refuse collection.

2050

  • Neutralize GHG emission
  • 100% of the Transit Bus Fleet is Electric.

Source: Diario do Transporte    Read The Article

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Protests Affect Columbia Vehicles Market

Sales of vehicles in Colombia were affected by protests and roadblocks in May. Because of the protest, dealers were closed and vehicles are blocked at the ports of Cartagena and Barranquilla. Even with the reduction from April to May, when 14,700 units were sold, below the 18,000 in April, the YTD result in 2021 is 50.2% better than 2020.

Source: AutoData     Read The Article

PSR Analysis: The recovery of the Colombia economy, seen in light of the vehicle market, is faster than expected, even with the continued health crisis due to the pandemic and the social and politic problems. For the full year, there is a significant amount of uncertainty with a bias for increase in the forecasts.    PSR

Fabio Ferraresi is Director-Business Development, South America, for Power Systems Research

Goods Transported in Brazil Increases in 2021

From January to April, the amount of total of goods transported in Brazil was R$ 2.9 trillion, while in the same period of 2020 it was R$ 2.1 trillion, an increase of 39%. This metric is used as a baromometer for the Brazilian economy.

Source: M&T     Read The Article

PSR Analysis: This result is aligned with what we see in the sales of new trucks and trailers and confirms our increase in FY 2021 sales and production. Part of the increase is due to inflation in local currency, but part is due to good results in Agribusiness and Mining. Other segments of the economy have had a lower increase because of COVID19 if compared with 2020, when the uncertainty in March and April had a higher impact than in 2021. PSR

Fabio Ferraresi is Director-Business Development, South America, for Power Systems Research

2021-05-24

Müller Launches Rigid Off-Highway Truck MDT430 in Brazil

Fabio Ferraresi
Fabio Ferraresi

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.

Source: M&T     Read The Article

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

VWCO Exports Grow 130% in First 4 Months of 2021

VWCO reported exports of 2527 trucks and buses from January to April 2021, versus 1084 units in the same period of 2020. Most of the growth came during April; the month was very negatively affected by the pandemic in 2020.

Source: Automotive Business      Read The Article

PSR Analysis: As with other OEMs, the export volumes of VWCO have been better than expected considering only Q1 2021 vs. Q1 2020, period without pandemic effect in 2020. During our forecast planning in Q4 2020, we expected a lower recovery of exports because of a slower recovery from the pandemic effects in 2021. However, the currency depreciation in Brazil, and special variables in each market caused the positive effect. PSR

Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research

GM Announces LCV To Be Produced in Brazil

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.

Source: M&T      Read The Article

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

Müller Launches Rigid Off-Highway Truck MDT430 in Brazil

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.

Source: M&T     Read The Article

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.

Fabio Ferraresi is Director-Business Development, South America, for Power Systems Research

2021-04-25

Argentina Forces OEMs and Supply Chain To Produce at Full Capacity

In an effort to reduce the domestic economic impact of the pandemic, the Argentinian government has published an order that makes all industry with annual revenue above US$ 41 Million to produce at full capacity. If not, they will be fined.

Source: Automotive Business    Read The Article

PSR Analysis: As the Argentinian government sees a shortage of industrial products and related price escalation, it identifies reduced OEM production as the main cause of these shortages. However, it underestimates the effects of supply chain constraints and even labor constraints caused by the pandemic.

We do not believe the decree will result in higher production, and we believe the order will be reviewed in a short time. Meanwhile, this is an issue companies will have to deal with, including the over planning it should result. PSR

Fabio Ferraresi is Director-Business Development, South America, for Power Systems Research

MWM Launches Family of NG Engines

MWM Engines and Power Gen, part of the Navistar group, has announced the launch of a new line of Acteon Engines powered by Natural Gas. The engine family has been developed in Brazil and features 4 cylinders and 6 cylinders with 4.8L and 7.2L displacement.

Source: Automotive Business     Read The Article

PSR Analysis: With this move, MWM meets Power Gen customers demand or NG powered Gen Sets and increases portfolio to attend OEMs aiming to launch NG powered vehicles and equipment without investment in Engines Development. As NG becomes a competitive and cleaner fuel alternative for Brazil, MWM put the bets on the right place to attend better the customers demand. PSR

Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research

2021-03-20

Corolla Cross Produced in Brazil To Be Exported to 22 Countries

Fabio Ferraresi
Fabio Ferraresi

The new medium Toyota SUV produced in Indaiatuba-SP started production in March. Sales in Brazil were expected to start by March 25, but exports have already started. Currently, the Corolla sedan is exported to only five countries, but the new SUV will be sent to 22 countries across Latin America. However, exporting overseas seems unlikely due to logistics cost restrictions.

Source: Automotive Business     Read The Article

PSR Analysis: The indexes of vehicles per capita in Latin America are still behind other regions and developed countries which provides an opportunity to grow sales. The SUV continues to grow in popularity in this region and the combination seems to be the right bet for a production hub in Brazil, leveraging on the higher volumes to assure competitiveness and a wining cycle for the new product.   PSR

Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research