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  • Day 2, CONEXPO

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  • Day 1, CONEXPO 2020

    Electrification is a hot topic at CONEXPO 2020

    100% Electric Forklift concept vehicle by Gehl powered by 12 lithium ion batteries.

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  • Moscow Boat Show 2020 Much Different than Previous Years

    MOSCOW–The Moscow Boat Show conducted here March 5-9 in the Crocus City Expo center occupied two exhibition halls with total square of 19,000 sq.m., but it was much different in several ways than previous shows.

    Maxim Sakov
    Maxim Sakov

    The number of boats shown was 30% less than during last year’s event. And the organizers of the show left a lot of empty space even in the dedicated halls. This looked strange because often there were only narrow passages between boats.

    Surprisingly, more than 50% of the boats at the fair were produced domestically. Jeanneau, Beneteau and some other brands were also here, brought by a local dealer, but in smaller sizes and numbers than last year’s show. Some EU and Turkish shipyards exhibited at the fair, but did not bring anything besides marketing materials.

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  • The Impact of Coronavirus on China Society and Economy – A Personal Perspective

    (ST. PAUL, Minn., USA) – Our team members in China face daily challenges as they navigate the myriad regulations and safety measures implemented by local authorities and the national government attempting to control the spread of coronavirus (COVID19).  

    Confinement to home is the hardest part.  Schools have yet to re-open after the Spring Festival holiday.  Special IDs proving one is a local resident must be presented when going outside.  Store visits are restricted to one person per household every two to five days, depending on your location. 

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  • Foton To Produce Trucks in Brazil Again

    This article initially appeared in the February 2020 issue of PowerTALK News.

    Foton says it will start producing Trucks in Guaíba-RS, in the facility formerly designated for his own factory. However, the production will be handled by GEFCO under a manufacturing contract, with parts imported from China. Previously, Foton assembled its trucks at the Agrale plant, also in Rio Grande do Sul state, to meet commitments made under government incentive programs. The number of models built here is likely…

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  • 2020 Wheel Loaders/Dozers Production Forecast: 20,200

    This is an updated version of an article that initially appeared in the February 2020 issue of PowerTALK News.

    This is the estimate by Power Systems Research of the number of Wheel Loaders to be produced in the United States in 2020.

    Carol Turner
    Carol Turner

    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: With combined plant totals of 47%, Caterpillar leads in production of Wheel Loaders/Dozers in the United States. In second position is Deere with 22%. Third, is Case New Holland with 8%.

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  • We Expect 2020 NA Overall OEM Production To Be Flat

    This article initially appeared in the February 2020 issue of PowerTALK News.

    SUMMARY.  The North American economy remained stable in 2019 and pure economic conditions as well as fundamentals in the region were favorable. Most industries performed very well, and the short-term outlook remains stable to flat for most market segments. However, we see many new developments that could suggest a shift in the trend.

    Yosyf Sheremeta
    Yosyf Sheremeta

    Consumer confidence declined slightly in December, following a moderate increase in November.  The Conference Board’s Consumer Confidence Index stood at 126.5 in December, 1.4 points higher than in September 2019. 

    Per Lynn Franco, Senior Director of Economic Indicators at The Conference Board: “While consumers’ assessment of current conditions improved, their expectations declined, driven primarily by a softening in their short-term outlook regarding jobs and financial prospects. While the economy hasn’t shown signs of further weakening, there is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020.”

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  • Thailand Auto Industry Brakes Sharply

    This article initially appeared in the February 2020 issue of PowerTALK News.

    THAILAND–Vehicles produced in Thailand are exported to the world, including Asia, Oceania, the Middle East and Europe. However, the automobile industry is in trouble because of the double punch of the global economy slowing down due to the US-China trade friction and the spread of the new coronavirus.

    Akihiro Komuro
    Akihito Komuro

    Exports, which account for half of Thailand's automobile production, where Japanese and other automakers such…

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  • KAMAZ Patents Electric Truck Without Cab

    This article initially appeared in the February 2020 issue of PowerTALK News.

    This truck has a very unusual design. The database of Rospatent has shown drawings of a cabless truck with an electric motor. The patent owner is KAMAZ. The truck has a very unusual appearance because it doesn’t have a cabin – it’s a box on wheels with low clearance, and it features round head and rear lights, and a vent grid. No details are available about the motor, except that it’s electric.

    Maxim Sakov
    Maxim Sakov

    The truck looks…

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  • Opel Bets on Russia

    This article initially appeared in the February 2020 issue of PowerTALK News.

    Opel is back in Russia, and the company appears to be betting the Russian market can provide a significant opportunity for business diversification.

    Maxim Sakov
    Maxim Sakov

    In 2019, company sales declined as the business was reorganized, and Opel cut its model portfolio.

    According to reports, 96% of Opel sales are concentrated in Europe. This fact has determined a focus point for sales increase. In 2022, Opel expects to be in 20 new export…

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