VW Truck & Bus To Invest US$ 400 Million in 2021-2025

News: Central/South America

2020-12-21

VW Truck & Bus To Invest US$ 400 Million in 2021-2025

Fabio Ferraresi
Fabio Ferraresi

VW Truck and Bus has announced a new cycle of investment in Brazil operations of US$ 400 Million, for the period 2021 to 2025. This is higher than the last investment cycle, that was US$ 300 million that ended in 2020. This investment will be allocated in new products, mainly in alternative propulsion systems, such as electric, and improvements in the production facilities.

Source: AutoData       Read The Article

PSR Analysis:  The investment reinforces VW’s Truck and Bus focus in the Brazilian market. Product development for Proconve P8 in January 2023 will use a significant part of the investment; investments also will be made in facilities adjustments for higher volumes of production in the coming years.   PSR

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

Ford Announces US$ 580 Million Investment in Argentina

This investment is dedicated to the new generation of Ford Ranger, produced in Pacheco at the Great Buenos Aires since 1998. 70% of the investment will be for production facilities and 30% in the new product line development.

Source: Valor Economico     Read The Article

PSR Analysis: The production in Argentina is mainly for export. The main market for Ranger pickups is Brazil where they will compete with the GM S10 produced in Brazil and the Toyota Hi Lux produced in Argentina.    PSR

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

Brazil Is Key To Emissions Strategies for Oil Companies

Recently, European BP, Shell, Equinor and Total signed the agreement to meet the zero net emissions target by 2050. These companies see the Brazilian market as a key component in meeting this goal while they assemble the projects portfolio with Photovoltaic, Offshore Eolic and biofuel.

Source: AB Solar     Read The Article

PSR Analysis: Brazil has a clean matrix and tradition in biofuel tradition since it began using Ethanol in the 70’s and 80’s. Some companies, such as Shell, operate with biofuel in Brazil, producing and distributing Ethanol, and plan to expand this position to meet future emissions targets. PSR

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

2020-12-01

PSR/JCB Power Systems Construction Outlook Webinar

On November 30th, Power Systems Research with JCB Power Systems presented a webinar providing the 2021 outlook for construction equipment production and engine emissions trends in North America, South America and Europe.

The presentation included the latest information on COVID-19 impacts on construction equipment production. JCB Power Systems provided details regarding emissions in developing engine technologies that are coming to market across the globe.

PSR-JCB Power Systems Construction Equipment OutlookDownload
PSR-JCB-Power-Systems-Construction-Equipment-OutlookDownload

2020-11-24

First Electric Highway Buses Start Operation in Southern Brazil

Fabio Ferraresi
Fabio Ferraresi

Intercity transportation of passengers by highway buses started in a new phase with the beginning of the operation of the first full electric plug in bus.   It is  Marcopolo Viaggio 1050 bus, assembled on BYD D9A 20.410 chassis, operated by Turis Silva. This initiative is also supported by EDP Smart, a division of Energy Solutions of EDP, a company of the electrical segment.

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Columbia Auto Market Maintains Growth Curve

The Colombian auto market has retained its growth curve in October by posting sales of 20,900 units, up 13.3% compared to September, a month which also grew 39% above August. Data source:   Andemos

The Andemos said this recovery is due to the increase of procurement for “safe transportation” as well as reopening of the economy and ending of personal isolation.

According to Andemos, if no new measures requiring isolation are taken, then the reduction compared to 2019 will be around 30%

Source: Autodata     Read The Article

PSR Analysis: As we stated in our Q3 2020 update forecast, Colombia is one of the countries most severely affected by COVID-19. It is very good to know that Colombia is restarting its growth cycle. PSR

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

2020-11-19

Power Systems Research and JCB Power Systems Offer Construction Equipment Outlook Webinar

Register Now


On Monday, Nov. 30, 2020, at 9:00 am CST, representatives of two leading international firms will present a free one-hour webinar discussing the construction outlook in Europe and North and South America.

During the session, Power Systems Research and JCB Power Systems will present the latest information on the impact of COVID-19 on construction equipment production. JCB will provide details on emissions in developing engine technologies that are coming to market across the globe.

Read More»

2020-10-28

Petrobras Finishes Tests To Start Production of HVO in Brazil

Fabio Ferraresi
Fabio Ferraresi


Petrobras has concluded the test production of 40 million liters of diesel mixed with HVO from 2 million liters of soy. The regulation is still pending on ANP.

Once regulated, the HVO will compose part of the renewable mix at Diesel with the existing Biodiesel yielding better effects for engines and even less emissions. Today, the renewable content of the mix is 12% and it will reach 15% by 2023.

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Iveco Sets Record Sales of NG Trucks in Argentina

After selling 35 NG Trucks in Chile, Iveco announced the sale of 100 Stralis NP Cursor 13 NGs in Argentina for a supplier to O&G industry in the Southern country.     

Source:    Read The Article

PSR Analysis: The acceptance from customers helps to remove a barrier to NG sales, transforming this technology from a Trend to a reality. NG was formerly more deployed in Buses than in Trucks. With the experience of fleet owners, the technology will gain scale rapidly in South America countries and accelerate the volumes in South American markets. PSR

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

Brazil Extends Trade Agreements with Mexico and Paraguay

Brazil recently published two trade agreements with Mexico, and, earlier in July, with Paraguay. The Mexican agreements cover Commercial Vehicles trade, with the reduction of import taxes progressively reaching zero by 2022. The agreement with Paraguay covers auto parts taxes from country to country. The taxes are now between 0 and 2% and will be zero in 2022.

Source:     Read The Article

PSR Analysis: The agreement with Paraguay is beneficial to auto parts makers on both sides of the border and helps to fight Asian competitors. With Mexico, the installed Truck Industry in Brazil is likely to expand exports to Mexico in coming years. PSR

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