Search Results for: boot-2019-all-aboard-tide-slows-down

2022-11-17

Foton Aumark Shuts Down Operations in Brazil

Ten years after starting operations in Brazil with the import of Trucks and plans to have a local plant, Foton Aumark do Brasil (FAB) is preparing to go to court against the Chinese brand, claiming breach of contract. The company was created by economist Luiz Carlos Mendonça de Barros, former president of BNDES and former director of the Central Bank.

Source: Automotive Business     Read The Article

PSR Analysis: The volumes of Foton were always very small and the situation will not affect the market. Plans for plants and volumes were never executed and sales never ramped up. Now it is just litigation between the parties and dealers that should look for compensation after FAB.    PSR

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

2023-07-27

Alternative Propulsion MHVs Down 55% YTD in Brazil

Unlike what happened with automobiles, in which new propulsion technologies registered an increase of almost 60% in the first half of 2023, heavy vehicles powered by electricity or gas dropped 55.5% in this period.

From the 604 units licensed in H1 2022, the volume fell to 269 from January to June this year. The survey was released by the National Association of Motor Vehicle Manufacturers (Anfavea).

Source: Automotive Business    Read The Article

PSR Analysis. Although OEMs say the drop is in line with the overall market reduction, the ICE market does not account for the significant decrease in sales. Sales from January to June 2023 are only 1% below 2022 in the same period. The small volumes and the size of orders can explain the oscillation with orders postponed from Q1 2023 and Q2 2023 with expectations for incentives and better credit in the second half of 2023.

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

2019-11-14

2019 GIE+Expo Posts Strong Growth. Battery Technology Continues Hot

GIE+EXPO: The Green Industry & Equipment Expo

GIE+EXPO is the annual gathering for all segments of the outdoor power equipment and lawn and landscape industry. The event is sponsored by the Outdoor Power Equipment Institute, the Professional Grounds Management Society and the National Association of Landscape Professionals.

This year, the show drew more than 26,500 people from around the world. The indoor exhibit floor and the Outdoor Demonstration Area covered 24,000 net sq. ft. more than last year.

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PowerTALK News, August 2019

PowerTALK News August_2019Download

North America Economy Slows and Shifts

The August 2019 issue of PowerTALK News, the monthly report of world news and analysis from Power Systems Research, contains an economic outlook report for North America and a guest editorial by Mr. Kenichiro Wada, who discusses the near-term problems facing Japanese auto OEMs as they develop autonomous vehicles.

The North American economic forecast by Yosyf Sheremeta, Director of Product Management & Customer Experience. During H1 2019, he writes, the economy remained stable and pure economic conditions in the region were favorable. Most industries performed very well, and the short-term outlook remains flat to positive for most market segments. “However,” he writes, “we see many new developments that could suggest a shift in the trend.”

Here are other Top Stories in the August issue:

• Guest Editorial: Japanese Autonomous
• Data Point: US Off-Hwy Trucks
• China Has Largest EV Charging Network
• Brazil Harvester Sales Grow
• CAT Brazil Shows New Units
• Manitou Sees Slowdown
• Doosan Introduces Electric Units
• India 2-Wheel Sales Fall
• India 2-Wheel Inventories Climb
• Russian Auto Plant Begun
• Russian Machinery Sales Up 30%
• Russia, China Team Up

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PowerTALK January 2019

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Vietnam Auto Industry Develops

The January 2019 issue of PowerTALK includes a report on Vietnam’s auto industry. This is the first in a series of occasional reports on Vietnam business conditions that will be available in PowerTALK.

Here are other Top Stories in this issue of PowerTALK:

• Locomotive Production
• Truck Production Climbs
• Beijing To Add 5G for Vehicles
• GM May Leave SA
• Boot Show Sees Strong 2019
• Vietnam Pushes Auto Industry
• Ford May Close Russia Plants
• Hyundai To Open EV Plant

PowerTALK May 2019

PowerTALK May 2019Download

New Initiatives Announced at Power Systems Research

New initiatives at Power Systems Research (PSR) are spelled out by Joe Zirnhelt, PSR president and CEO, in the May issue of the company’s monthly PowerTALK report.

Here are more TOP STORIES in PowerTALK, May 2019:

  • NA Crane Production Slows
  • No Slowdown in NA Economy
  • Y-O-Y Global Truck Production Is Flat
  • Brazil Agshow Sales Up 6.4%
  • China Expands NS6 Emission Regulation
  • JCB Lands Record Order
  • Honda Readies EV
  • SoCar, Tesla Collaborate
  • Malaysia Backs National Car Brand
  • India Halts e-Bike Sales
  • India Tractor Sales Drop
  • Russia To Support GAZ Group
  • Belaz Tests Driverless Truck
  • Hino Truck Builds Plant in Moscow
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2019-11-19

Innovation Was the Name of the Game at Agritechnica 2019

HANNOVER, Germany–For many years, Agritechnica has been growing and strengthening its role as the top European agricultural trade show. Despite the struggles that the industry is facing, with declining order books and a less than enthusiastic outlook for 2020, Agritechnica 2019 held here Nov. 11-16, 2019, reaffirmed its position as the most important ag tech event in Europe.  The show reported 2,820 exhibitors and 450,000 visitors, more than 130,000 of them from outside Germany.

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PowerTALK July 2019

PowerTALK July 2019Download

Global Truck Production Picked Up in Q2 2019 

Global truck production picked up in Q2 2019, according to the proprietary Truck Production Index (TPI) produced by Power Systems Research. YoY numbers were flat, however. The report is contained in the July issue of PowerTALK, the monthly newsletter produced  by Power Systems Research. 

Other top stories in this issue of PowerTALK include:

• Data Point: US Combine Production
• Brazil Auto Parts Sales Increase
• Global Economic Growth Cycle Slows
• Brazil Plans Energy Cost Reductions
• Toyota Sets China Battery Partnership
• China Auto Sales Decline Sharply
• Daimler-BAIC Partnership Strengthened
• Kawasaki Plans Hydrogen Liquefaction Expansion
• India Used Car Sales Climb
• Russia Dropping Electric Car Plans for NG
• Auto OEMs Get Russia Support

PowerTALK June 2019

PowerTALK_June 2019Download

NA Production of Terminal Tractors Slows

Production of Terminal Tractors in North America this year is expected to hit 6,900 units, up about 2% from 2018. But that increase is off from the 17% YoY gain posted last year over 2017.

Read Carol Turner’s report in he June issue of PowerTALK. You’ll also find Dennis Huibregtse’s comments on the rapid development of hydrogen fuel cells and the increasing activity on the automobile scene in South America. 

Top Stories in the June 2019 issue of PowerTALK include:
• Executive Notes: Fuel Cell Technology
• Brazil Engine Hub Planned
• Garett To Build Cars in Brazil
• Columbia Car Sales Grow
• China Plans Tough Pollution Controls
• CeMat Germany Dropped
• Hyundai-Kia JV Builds EVs in India
• India Car Plants Cut Production
• KAMAZ-Daimler Launch Russia JV
• Ford Eyes Russia Plant Plan
• Japan Mandates Fuel Efficiency
• Doosan Sees 14% Growth
• Myanmar Auto Auction