Volkswagen’s commercial vehicle subsidiary Traton says its MAN, Scania and Volkswagen Caminhões e Ônibus (VWCO) brands plans to invest more than one billion euros in e-mobility by 2025.
“Our goal is to
become the leading provider of e-trucks and e-buses,” explained Traton CEO
Andreas Renschler, mostly through research and development. Traton is
developing a common modular electric powertrain to be used by all brands, much
like Volkswagen’s MEB platform.
This report first appeared in the September 2019 issue of PowerTALK.
The bad times in the
India automobile market started with the slowdown in Q4 2018, triggered by the
NBFC (Non-Banking Financial Companies) crisis. Since then it has been 10
consecutive months of hard times for almost all automobile segments. All the
segments in the country, be it passenger cars or commercial vehicles, have
registered a decline.
The Ford production plant in Sao Bernardo do Campo-SP will be acquired by the COCA Group.
During a meeting with governor João Doria, CAOA group, that currently assembly Hyundai cars and Chery-CAOA cars in Brazil, announced the acquisition of Ford Plant in São Bernardo do Campo-SP.
During the first week of September, there were two major trade shows in Moscow dedicated to powertrain and vehicles. They are Interauto (automotive components, service equipment, spare parts), and Comtrans (commercial on-highway vehicles).
This forecast appeared in the September 2019 issue of Diesel Progress magazine.
SUMMARY.
The underlying weak conditions in the global economic picture could put
pressure on the North American power generation industry for the remainder of
2019 and through most of 2020. We forecast little or no growth for the industry
through 2020.
Even though the power
generation production market was up slightly (0.9% in 2018-2019), we see it declining
about 1% over the next year.
Tyler Wiegert
For those of you a few
years removed from your high school U.S. History courses, the original Gilded
Age was a period covering the 1870s-1890s that was marked by astonishing
economic growth. Driven by the expansion of industrialization in the North and
West, facilitated by growing railroad networks, real wages grew an enviable
60%.
But Mark Twain dubbed
this period the “Gilded Age” rather than the “Golden Age,” because it was also
marked by extreme poverty, and he represented it with gilded, decaying apple.
The shiny outward appearance of growth was masking a rotten core of massive
inequality.
In July 2019, 92,000 motorcycles were produced in Brazil, up
sharply from the 68,000 units produced in June 2019. January to July production
was 629,000, 6.3% above the 592,000 units produced in the same period of 2018.
