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2020-11-24

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

2020-12-21

Daimler India Adopts Aggressive Dealer Strategy

Daimler India, which recently set up 10 new touchpoints, plans to have at least 350 dealerships across India in the next two years as it looks to deepen market penetration.

Read The Article

In September, DICV announced plans to grow its BharatBenz dealer network by 10%, exceeding 250 outlets by the end of 2020. With the opening of these new touchpoints, the company moves a step closer to cutting the distance between dealerships from 160 km to 120 km. The company is expanding strategically. The touchpoints are located on leading national and state highways, improving DICV’s golden quadrilateral coverage.

Along with increasing domestic reach, the company is focusing on the export market. Post announcement of the production-linked incentive (PLI) scheme, the company plans to invest in the country. The new investment could be used to increase the localization levels of components to avail the PLI. Furthermore, India has moved to BS-VI norms (equivalent euro 6 norms), it will be relatively easier for the company to cater to domestic as well as an export market with the same engines (with few moderations).   PSR

Aditya Kondejkar is Research Analyst – South Asia Operations – for Power Systems Research

PowerTALK™ News, January 2021

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The economic outlook for North America is looking soft in H1 2021, but it is expected to be much stronger in H2 2021, according to the forecast by Power Systems Research in the January 2021 issue of PowerTALK News. The same issue contains a report on global truck production, which shows a jump of 35% in Q42020. Here are other stories in the January issue:

  • Join Power Systems Research Webinar Series
  • Truck Production Report
  • North America:
    • NA Economic Outlook
    • Trucking News: Ask The Expert
  •  DataPoint
    • NA Dumpers/Tenders
  • South America
    • Ford Shuts Down Brazil Auto Plants
    • E-Trucks Tested in Brazil
    • GM Resumes Brazil Investment Program
  • China
    • VW To Build $3 Billion EV Plant
    • Weichai Acquires Stake in Ag Maker
    • CNH and FAW Continue Talks
  • Japan
    • Komatsu To Sell in Europe
  • Korea
    • Hyundai, Apple Eye EV Projects
  • India
    • Auto OEMs Face Semiconductor Shortages
  • Russia
    • Auto Production Increases
    • Hyundai Purchases GM Plant
    • UAZ To Sell in US

2021-03-20

Norway May Block Acquisition of Bergen Engines Plant

Maxim Sakov
Maxim Sakov

The Department of National Security of Norway may block the purchase of engine OEM Bergen Engines belonging to Rolls-Royce by Russian Transmash-Holding. According to Justice Minister of Norway Monica Melan, the acquisition may be a threat to national security. The deal is estimated at €150 million. According to the minister, it’s necessary to suspend a deal to collect information for making a final decision.

Bergen Engines was founded in 1946. Since then, the company delivered more than 7,000 engines, 5,000 of them still operating. Current personnel number is 900 people.

Read More»

2021-09-26

Mercedes Announces BEV Bus for Brazil

Fabio Ferraresi
Fabio Ferraresi

Mercedes says it has committed an investment of US$ 20 million for the launch of the eO500U, the first electric bus by the German OEM, the market leader in Brazil. Roberto Leoncini, Sales Director said that Mercedes opted for beginning the electrification of the MHV segment by the Bus products because it has higher impact on the population.

One of the key drivers for this launch is the new legislation for São Paulo city that aims to convert 50% of the fleet to electric by 2027. This means 7,000 electric buses will be sold by 2027. Sales forecast starts with 50 to 150 units by 2022.

Source: Automotive Business     Read The Article

PSR Analysis: With new legislation, OEMs rush for e-bus chassis launch to keep market share. Meanwhile, BYD celebrates the opportunity to grow with the lack of competitors, but it needs an improved in business model and strategic aspects to grow. PSR

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

2021-10-23

KAMAZ Increases Nine-Month Production 21%

KAMAZ has significantly increased production for the first nine months of 2021 versus the same period last year. Through September, the OEM produced 30,979 vehicles, up  21% from the same period in 2020, reports the company.

In September, KAMAZ made 4,067 vehicles (versus 3,676 vehicles in September 2020.

Read The Report

PSR Analysis: KAMAZ has found ways to resolve the problem with components (mostly by offering simpler models), working with pent-up demand and increasing its market share.

Maxim Sakov is Market Consultant – Russia Operations, for Power Systems Research

PowerTALK™, April 2022

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This issue of PowerTALK News contains articles on the Yanmar acquisition of ELEO Technologies and several articles about alternative power sources. You can also read about the Q1 2022 PSR Truck Production Report here.

IN THIS ISSUE  

  • Truck Production Index Drops
  • DataPoint: NA Lawn & Garden Tractors
  • Europe: Yanmar Acquires Tech Firm
  • South America:
    • Fleet Renewal Program Goes Live in Brazil   
    • Tupy Acquires MWM in Brazil
  • China: Five Year Plan Pushes LNG
  • Japan: More on Yanmar Purchase
  • SE Asia:
    • Thai Incentive Program to Promote EVs, Starting in 2022
    • Korea To Increase EV Battery Material Production
  • India: Maruti Suzuki To Build EV-Battery Plant

PowerTALK™, May 2022

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The May 2022 issue of PowerTALK News features articles on the NA production of Hydraulic Power Units, development of bio-fuels in Europe and the successful sales effort of Hyundai EVs at the Indonesia Auto Show.

Inside:

  • DataPoint: NA Hydraulic Power Units
  • Europe: Plant-Based Bio-fuel May Not Replace Fossil Fuels
  • South America:
    • Komatsu Announces Expansion in Brazil
    • Agrishow 2022 Sells US$ 5 Billion in Ag Equipment
  • China: Beijing Plan Calls for 100% EV Commercial Vehicles
  • Japan: MEGURI2040: The Fully Autonomous Ship Program
  • South Korea: Hyundai Sells EVs at Indonesia Auto Show
  • Vietnam:  Dat Bike EV Motorcycle Enters SE Asia
  • India:
    • PMI Electro To Set Up EV Manufacturing Plant
    • Tata Motors: Electrification Is Irreversible Trend