South America TPI Expected To Climb 22% in 2024

St. Paul, Minnesota, USA— The Power Systems Research Truck Production Index (PSR-TPI) increased from 107 to 116, or 8.4% for the 12 months ended Dec. 31, 2023. For the fourth quarter of 2023, ending Dec. 31, 2023, the index increased from 112 to 116, or 3.6%, compared to Q3 2023.

South America. Medium and heavy commercial vehicle production is expected to increase by 22.1% this year after a significant decline in 2023 primarily driven by a weaker economy and the implementation of the Proconve 8 emission regulations in Brazil last year.

The PSR-TPI is a quarterly truck production report that measures global truck production in six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

The next update of the Power Systems Research TPI will be in April 2024 and will reflect changes in the TPI during Q1 2024.  PSR

Jim Downey is vice president – global data products at Power Systems Research and Chris Fisher is the senior commercial vehicle analyst at Power Systems Research 

North America Economic Outlook – November 2021

Yosyf Sheremeta, PhD, Director of Product Management and Customer Experience, takes a look at what’s in store for the industry segments we follow for the rest of 2021 and beyond.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06 Joe Delmont

From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK.

Today we’ll talk with Yosyf Sheremeta about the economic outlook for North America.

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Russia New Car Sales Drop 70% in April

New car sales plummeted by 102,000 vehicles in April, the largest monthly car sales decline in history in Russian, according to the Association of European Business.

Maxim Sakov
Maxim Sakov

During April, Russia introduced strict quarantine measures because of the coronavirus, causing car sales to fall by 102,089 units, or 72.4%.

After strong sales in March, dealers have had to suspend or restrict their activity.

“Black April” has dealt a strong blow to dealer cash liquidity, and seriously affected stability during middle-term period. The dealers are preparing to restart their business in May; however, they don’t expect significant sales growth.

AutoVAZ , the largest Russian car manufacturer, reported sales declined by three times in April over March.

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DATAPOINT: 2021 North America Combines

Today Joe Delmont presents the 2021 forecast for Combine production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06

From Power Systems Research, I’m Joe Delmont, editor of PSR PowerTALK.

Today we’ll discuss a data point covering 2021 North American production of combines. When we talk about North America in this podcast, we mean the United States only.

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DataPoint: North America Tractor/Loader/Backhoes (TLBs)

7,450 units is the estimate by Power Systems Research of the number of Tractor/Loader/Backhoes (TLB) expected to be produced in North America in 2023.

Tractor/Loader/Backhoes are full-size machines that are three pieces of construction equipment combined into one: the tractor, the loader and the backhoe. These units are designed to tackle an array of construction and agricultural related activities.

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PowerTALK April 2019

Zirnhelt Named President and CEO at Power Systems Research

Significant activities at Power Systems Research (PSR) lead the news report in the April issue of the PowerTALK report.

First, Joe Zirnhelt has been named President and Chief Executive Officer of the company, effective immediately. He had been serving as Chief Operating Officer. Zirnhelt replaces Dennis Huibregtse as CEO.

Top Stories in April 2019 PowerTALK

  • Data Point: Ag Tractors
  • PSR Management Transition
  • PSR-IHS Markit Form Partnership
  • Global Economic Report
  • Ford Brazilian Operations
  • Brazilian M/C Sales Climb
  • Brazilian Ag Credit Limits
  • China Rolls Out Fuel Cell Bus
  • Electrification Hot at Bauma 2019
  • Toyota Pushes Electrification
  • Hyundai Invests US$39 Billion
  • Ride Share Via Expands
  • India Honda Cuts M/C Production
  • VW To Double Russian Production
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DATAPOINT: North America Dumpers/Tenders, 2022 Production, 1620 Units

1,620 units is the estimate by Power Systems Research of the number of Dumpers/Tenders to be produced in North America during 2022.

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 62.5% of total units produced, Country Home Products leads in production of Dumpers/Tenders in North America. In second position is Allen Engineering with 19.5%; third, is Indy Equipment with 10.5%.    

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DataPoint: North America Skid Steer Loaders, 2022 Production, 92,700 Units

A Skid Steer Loader, also known as a skid loader, skid-steer loader, or skid steer, is a small rigid frame, engine-powered machine with lift arms used to attach a wide variety of labor-saving tools or attachments.

The four major types of skid steer loaders are Agricultural, 29%; Rental Fleets,  22%; Construction, 20%, and Landscape, 12%.

92,700 units is the estimate by Power Systems Research of the number of Skid Steer Loaders to be produced in North America (United States and Canada) in 2022.

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DATAPOINT: North America Utility Vehicles, 2022 Production: 432,700 Units

432,700 units is the estimate by Power Systems Research of the number of Utility Vehicles to be produced in North America (United States, Canada and Mexico) in 2022.

Four-wheel off-road Utility Vehicles with side-by-side seating are designed to be used in a variety of recreational, industrial and military applications. When equipped with dumpers, they are commonly used for landscaping, dumping and transporting light materials. Vehicles can be customized with enclosed cabs, tool racks, dumpers and more for use on college campuses, parks, corporate campuses and airports. Suppliers offer a wide variety of gas, electric and diesel utility vehicles.

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.

Exports: Canada, up to 90%; Mexico, up to 85% for NA markets, and US, up to 40% worldwide.

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