Argentina Forces OEMs and Supply Chain To Produce at Full Capacity

News: Regions

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

MAN Marine Engines Certified To Operate Globally

Natasa Mulahalilovic
Natasa Mulahalilovic

MAN Energy Solutions, one of the leading marine engine manufacturers in the range between 730 and 2000 hp (5370 to 1397 kW), says that all of its engines now comply to the globally required major current emissions standards.

All engine models from i8-730 to V12-2000 are certified with the US EPA Tier III, the EU IMO Tier II and RCD 2013/53/EC. The current China Marine Recreational Stage I standard has been upgraded to the Stage II based on the US Tier III standard requirements.

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NA Powersports EV Update

Read the complete report in April PowerTALK™ News

EDITOR’S NOTE. Power Systems Research tracks the global trend of electrification of industrial equipment. This is one of a series of reports on these trends.

Michael Aistrup
Michael Aistrup

Polaris INDUSTRIES, Minneapolis, is planning to debut a new electric Ranger utility side-by-side in December 2021. The Ranger will be the first electric vehicle Polaris has developed through their partnership with Zero Motorcycles. 

The electric Ranger is the first product in Polaris’s long-term plan to accelerate its leadership in powersports electrification. Production will take place in Polaris’s Huntsville, AL facility.

Bombardier Recreational Products Inc. (BRP), which owns popular brands such as Can-Am, Rotax, Sea-Doo and Ski-Doo, plans to offer electric models in each of its product lines by the end of 2026. The company is investing $300 million in product development and production facilities.

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Fastest NA Economic Growth Expected Since 1980s

Read the complete report in April PowerTALK™ News.

Yosyf Sheremeta
Yosyf Sheremeta

(April 1, 2021)–After the GDP declined 3.5% last year, the worst performance in almost 75 years, the US economy is set for a strong comeback.  In fact, we could see GDP growth exceeding 6% this year.

There are many reasons to be optimistic about 2021.  Strong readings of macro-economic factors combined with the economic cycle reset backed by the government initiatives and policies support our estimates for the current year and beyond. 

Our positive outlook is based on the reviews of the key economic indicators, including GDP, unemployment, and inflation.   In our previous forecasts, we discussed recovery trends for the post-pandemic period, stating a return of demand for most markets in 2021, especially during H2 2021.  

Based on our analysis of the expected growth trend and the economic reviews in major publications, we think US growth can surpass the growth level from 1984 – the highest one since 1950s. 

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2021-04-21

Mining World Moscow 2021 Reopens Without Major Exhibitors

 MOSCOW (April 21, 2021)–After only a seven-month break, the Mining World Russia trade show has started again, without many major exhibitors. The last Mining World event was conducted in October 2020.

Maxim Sakov
Maxim Sakov

This year’s fair started April 20 in the same place – the Crocus Expo Center Moscow. There were no significant changes since the last event. The amount of occupied space was similar, and the number of participants was about the same (167 companies versus 176 last time).

However, the number of countries has increased significantly – to 20. There were exhibitors from Australia, USA, Canada, U.K., India, China and so on. Large machine samples, including crawler drills, have been brought by Turkish companies. Germany is presenting a national exposition at the fair (in spite of pessimistic announcements made by German top officials regarding coal mining recently). Belorussian Belaz also presented at the show.   

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2021-04-20

DATAPOINT: 2021 US ATV Production, 301,000 Units

301,000 units is the estimate by Power Systems Research of the number of ATVs to be produced in Mexico and the U.S. in 2021.

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 28% of total units produced, Polaris Industries leads in production four-wheeled ATVs in North America.  In second and third positions are Honda and Yamaha Motor with 22% and 19%, respectively.

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2021-04-10

PSR Partners With HDMA In Webinar

Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed

Erik Martin
Erik Martin
Chris Fisher
Chris Fisher

Power Systems Research will produce a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles. 

When? Wednesday, April 21, 2021 from 1:00 – 2:00 pm ET

What? Future areas of supply chain concerns, secondary effects of logistic and shipping issues, and current economic conditions and demand drivers.

How much? FREE for HDMA members; $100 for non-members

The scheduled presenters include

  • Chris Fisher – Senior Commercial Vehicle Analyst, Power Systems Research
  • Erik Martin – Director, Asia Region, Power Systems Research
  • Richard Anderson – Director, Market Research & Analysis, HDMA

How do I register? By clicking below!

Space is limited, so please register as soon as possible using the REGISTER NOW button on the HDMA website at www.hdma.org. If you are not a PSR Client or HDMA Member, an individual registration is $100.

Hope you can participate. During the session, we’ll discuss the future areas of supply chain concerns, secondary effects of logistic and shipping issues, and current economic conditions and demand drivers, especially as they apply to Medium and Heavy Vehicles. 

Richard Anderson will present the latest findings from his current PULSE member survey, and the session will conclude with a participant Q&A. PSR

2021-03-23

DATAPOINT: Global Snowmobiles, 2021 Production, 107,250 Units

107,250 units is the estimate by Power Systems Research of the number of Snowmobiles to be produced in Canada, Finland, Italy, Japan, and the U.S. in 2021.

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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2021-03-22

Production of Diesel Engines Started in Kaluga

PSMA Rus plant, located in Kaluga, Russia, has made first testing sample of ned DV6 motor.

First engine was produced in February. Engine production in the plant was set according to obligations for product localization, written in the contract with Russian government.

Turbocharged DV6-EL engines have 1,6-liter volume. They will be set to LCV models, produced on Kaluga’s plant.

PSMA plant in Kaluga makes Peugeot, Citroen, Mitsubishi cars for Russian market. The production started in 2010.

Read The Article

PSR Analysis. If the project succeeds, it will be smallest mass produced diesel engine in Russia. Whereas EU countries are trying to cut off diesel powertrain production, Russia invites it into the country.   PSR