Regions

  • Production of BelAZ Dump Trucks May Be Started in Russia

    Minsk has offered to Moscow to localize production of heavy mining BelAZ trucks in Russia. It was announced by deputy of Trade Minister Mr. Evtukhov.

    “At the moment Belorussian colleagues have offered to produce BelAZ trucks in Russian Federation, to localize… I think, this project could be implemented – says Mr. Evtukhov on joint meeting of trade committees of two countries.

    Note, that in Belarus since 9 August the protests have started. BelAZ workers also participated in meetings and strikes.   …

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  • Hyundai Plant in St Petersburg To Reduce Production by 15%

    Hyundai plans to reduce annual production by 15% at its St Petersburg plant, according to plant director A. Kossack. As he notes, production volume at the plant has dropped significantly this year: in H1 2020, the plant produced only 73,000 cars, 25% of its production capacity.

    Taking into consideration September’s output of 24,000 cars, total production volume through the end of the year should reach about 200,000 vehicles, almost 15% below the 2019 results. The plant has just returned to a three-shift…

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  • DICV To Strengthen Dealership Network

    Aditya Kondejkar

    Daimler India Commercial Vehicle (DICV), a subsidiary of Stuttgart-based Daimler, plans to increase its dealership count by 10% to 250 this year.  Read The Article

    As Ashok Leyland (second largest player in the MH CV segment) is reducing its business to focus on SCV, DICV is adopting an aggressive strategy in the struggling Indian MH CV industry.

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  • Tractor Companies Boost Output as September Sales Surge 80%

    For 18 months, tractor factories were working on a single or 1.5 shift basis at best because of demand slowdown. With numbers picking up, factories now are moving to two or three shifts to hit 100% capacity utilization. The capacity is currently 9.5 lakh units on a two shift basis, but we can also go to three shifts if the demand holds up.      Read The Article

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  • Kawasaki Receives Order for First Electric Tanker

    Akihiro Komuro
    Akihiro Komuro

    Kawasaki Heavy Industries says it has been awarded a contract to design an electric propulsion system for the world’s first electric tanker. Two shipbuilders in Shikoku will build the two vessels, with the first one to be completed by March 2023. It is about 60 meters long and has a gross tonnage of 499 tons.

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  • Tesla Cuts Prices of China-Made Cars

    Jack Hao
    Jack Hao

    Taking advantage of new battery options and big government subsidies, Tesla has slashed its Model 3 prices in China. The company’s Chinese website is now advertising a base price for the popular battery-electric sedan of 249,900 yuan, or roughly $36,800.

    While this is big news for the company in its efforts to remain dominant in the Chinese market, U.S. consumers won’t be affected…at least, not yet

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  • 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…

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  • 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…

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  • Scania Creates Bridge To EU 2030 Emissions Targets

    Emiliano Marzoli
    Emiliano Marzoli

    Scania, a Swedish truck manufacturer, is developing an 18-meter long solar cell-clad trailer that will be able to generate energy from devices along 140m2 of surface area on the sides and roof. 

    According to the truck manufacturer, the powered trailer will be able to generate fuel saving between 5% and 10% in northern Europe, and up to double that in sunny regions like Spain.  The tests are also validating the use of the trailers as power stations to feed the main grid, once they have completed charging the batteries and the vehicle is stationary.

    Source : Read The Article

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