Search Results for: peterbilts-quinn-hd-truck-market-poised-further-growth-2018

PowerTALK November 2018

PowerTALK_November 2018Download

Global Truck Production Drops in Q3 2018

Global truck production dropped in Q3 2018, according to the Power Systems Research(PSR) Truck Production Index (PSR-TPI).

You’ll find the details in the November issue of PowerTALK, the monthly world news and analysis report from PSR. You’ll find lots of other news as well, including detailed reports from the show floors of EICMA (the international motorcycle show in Milan) and GIE+Expo, the lawn and garden show held in Louisville, KY.

Top Stories

  • US Snowblower Production
  • Global Truck Production
  • Batteries Power GIE+Expo
  • Positive Signs in Brazil
  • Electrics Popular at EICMA
  • China Launches CN-6
  • Isuzu Autonomous Partnership
  • Korea Invests Abroad
  • TATA Posts Sales Increase
  • Ford Russia JV Supplies Europe

2022-01-22

MHV Production Growth Expected in 2022-2023

Chris Fisher
Chris Fisher

Summary: Global demand for Medium and Heavy Commercial Vehicles (MHV) rebounded in 2021 but overall growth in the segment was flat.  Going forward, we expect the growth to accelerate in 2022 and 2023.   The exceptions to this rebound trend are in China and India, which continue to decline and sharply drive overall global production numbers into negative territory. 

We expect global production volumes in 2022 to gain 3.7% vs 2021, with a positive trend in all regions, except for China, where we expect production volumes to be down -3.6% in 2022 vs 2021.  China experienced a surge in demand during 2020 due to the change in emissions regulations, so 2021 was down significantly, about 20%. 

North America: While supply chain disruptions continue to negatively impact the commercial vehicle market, medium and heavy commercial vehicle production is expected to finish 2021 15.8% higher than 2020.  The forecasted production growth rate is expected to continue to show improvement through 2023 as supply chain disruptions ease and truck capacity in the market begins to align with demand.  The disruption in the supply chain and on-going issues with Covid will continue to impact the market this year.

Read More»

PowerTALK January 2018

PSR-Power-Talk_January 2018Download

Global Truck Production Climbs 8.6%

Global truck production climbed 8.6% climbed for the 12 month period ended Dec. 31, 2017, according to Power Systems Research (PSR). The outlook for global truck production in class 4-8 looks very promising for 2018, as the strong growth pattern established in 2017 continues.

Other Top Stories in this issue of PowerTALK include:

  • Report from SAA Conference
  • Transportation News from CES
  • Global/North America Forecast
  • India CV Outlook
  • Chinese Truck OEMs Fined

PowerTALK June 2018

PSR-Power-Talk_June 2018Download

Purchasing “Outside-the-Box” by Polaris

Polaris Industries, the $5.4 billion maker of snowmobiles, off-road vehicles and motorcycles, says it has agreed to acquire Boat Holdings, a boat manufacturer owned by the Vogel family, management and Balmoral Funds, in an all-cash transaction valued at approximately $805 million.

Read More»

2020-12-21

Kia Motors Targets Growth in Rural Markets

Aditya Kondejkar

Kia Motors is expanding its network and targets to reach 300 touchpoints by the end of the year. Further, the company will now focus on expansion in tier-IV and upcountry markets, which will further penetrate the Indian market.

The company is identifying the nerves of Indian customers. It has rightly understood that one of the critical factors in purchasing a car is consumers’ proximity to the brand. Hence, even before the first product (Seltos) launch in the market, it had a wide-spread network in 160 cities with 265 touchpoints.

Read More»

PowerTALK July 2018

PowerTALK_July 2018Download

PSR Experimental Vehicle Grabs Fifth Place in Shell’s
International Competition

The PSR-sponsored experimental vehicle designed, produced and raced by a team of high school students from suburban St. Paul, Minnesota, USA, finished as the top school from the US, and won fifth place overall, during international competition in London recently.

Also in this issue is a report on global truck production. The PSR Q2 2018 Truck Production Index climbed 12.4%.

Here are the Top Stories in this issue of PowerTALK

  • PSR-sponsored Experimental Vehicle
  • Global Truck Production Climbs 12.4%
  • Aerial Lift Production Is Flat
  • Global Economies Are Solid
  • Ford To Build in Brazil
  • China Plans Diesel NS 6
  • Can Deutz Continue Pace?
  • Europe Getting Better & Better
  • Connected Trucks Get Boost in Japan

PowerTALK August 2018

PowerTALK_August 2018Download

Strong Economy Indicates Another Year of Solid Growth

Second of Two Parts
SUMMARY. During Q2 2018, the economy remained stable and economic conditions in the region still are favorable, most industries are doing well, and the short-term outlook remains positive to flat for most market segments. We expect such strong conditions to last at least another 12 months. At the same time, there will be some minor differences among
market segments, especially those that are consumer oriented.

Top stories in this issue of PowerTALK

  • NA Tiller Growth
  • Battery Show Notes
  • NA Economy Forecast
  • Brazil Eyes EV, New Trucks
  • China Replaces Diesel Buses
  • EU M/C Market Recovers
  • EU Priority: Stimulate Investment
  • Hydrogen Conversion Package
  • Korea Cuts Auto Tax
  • Harley Targets Asia
  • India Promotes EVs
  • Tractor Plant Takeover
  • Moscow Oks Driverless Vehicles

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.

Read More»

PowerTALK December 2018

PowerTALK_December_2018Download

Ceres Power and Weichai Finalize JV in China

Ceres Power, a world-leading, low cost solid oxide fuel cell company, and Weichai Power, one of the leading automobile and equipment manufacturing companies in China, have completed their long-term strategic collaboration announced last May. This includes a Joint Venture agreement with the commitment to create a fuel cell manufacturing JV in China, a license agreement to transfer key technology to the JV and a new £9 million joint development agreement. It also triggers a further £28m equity injection into Ceres Power.

Top stories in this issue of PowerTALK include

  • Light Tower Production
  • Weichai Completes Hydrogen JV
  • 2018 India Auto Report
  • Russia Autonomous Vehicle Tests
  • Honda Launches EV Scooter
  • Rising Demand for Electric Lifts
  • Brazil Truck Sales Climb
  • Power Gen Show Report