JAPAN REPORT: The Impact of COVID-19 on Manufacturers

Japanese OEMs are struggling to adapt to the COVID-19 problem. Plants are being temporarily shut down and production adjustments are being made.

Akihiro Komuro
Akihiro Komuro

While domestic plants are generally operating quietly, overseas bases are being affected in various ways, depending on the country. Here is a summary of announcements by the major companies.

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Alternative Power Report, January 2023

The January 2023 Alternative Power Report produced by PSR’s Guy Youngs and other analysts at Power Systems Research includes several articles on hydrogen power. New applications of hydrogen power from construction to marine are discussed in this issue. Plans by OEMs Audi and BMW for new EV cars also are discussed. PSR

FAR EAST: SOUTH KOREA REPORT

Increased Uncertainty Causes Export-Investment Slump To Continue

In the August edition of the Economic Trend Report (Green Book), the Korean Ministry of Planning and Finance defined the recent Korean economy this way: “production has increased moderately but exports and investments continue to be sluggish”.

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RUSSIA REPORT, March 2020

This report includes updates on these manufacturers: Haval, Claas, Aurus, and KAMAZ.

Haval To Build Engine Plant in Russia

This article first appeared in the March 2020 issue of PowerTALK™ News

Haval, the Chinese manufacturer, said it plans to build its own engine plant in the Tula region of Russia. Work is scheduled start this month (March 2020). The planned investment in the project is US$ 270 million. This information comes from press-service of Haval Motor Rus.

Maxim Sakov
Maxim Sakov

It’s expected that the new plant will produce 80,000 engines annually, increasing the localization level of SUVs by several thousand units annually. Total personnel number in automotive plant exceeds 1000 people.    Read The Article

PSR Analysis: The first Russian Haval plant opened in May of 2019. Current production capacity is 80 Haval SUVs. The plant will be located on a 10,000 sq.m. site next to the Haval automotive plant. It will provide more than 300 jobs.

Claas is Shifts Production of Tucano 320 Harvester To Russia.

In April 2020, Russian plant Claas in Krasnodar will start producing the Tucano 320 grain combine. During the first two years, this model will be produced simultaneously in Germany and in Russia. Beginning in 2022, the plant in Krasnodar will became the sole maker for this model. The move opens opportunities to increase production and export volumes for the Russian plant.

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INDIA REPORT, March 2020

Coronavirus Reduces India Auto Components

This article first appeared in the March 2020 issue of PowerTALK™ News

China is one of the leading suppliers of auto components to India, and this supply chain was significantly interrupted in Q1 2020 by the caronavirus. In 2018-19, components worth an estimated US$4.5 billion (out of a total of approximately $17 billion) were exported from China to India. Most of this trade is in electronic components, EGR modules, fuel injection pumps, turbochargers, meter sets, LEDs, magnets, airbag components, and steering system components.

Since the discovery of the Coronavirus in December 2019, this supply chain has been affected. The covid-19 pandemic has started taking a toll on components supply and automotive production in India. The situation is further amplified, as China has terminated all sea routes to other parts of the world.

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Show Report: Automec 2023

The Power Systems Research team in Brazil attended Automec 2023 this month, the show dedicated to the On Highway aftermarket. It’s the show that features main components manufacturers selling in Aftermarket.

This year’s edition took place April 25-29 at São Paulo Expo where more than 1500 brands were shown by 450 international exhibitors from 12 countries, in seven international pavilions.

More than 90,000 attendees visited the show(20% above last edition), with 30% of returning rate, coming from all regions of Brazil and 60 countries. The estimated volume of business is US$ 6 Billion (R$ 29,5 Billion).

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Q1 2021 Truck Production Report

In this episode of PSR PowerTALK, Chris Fisher, senior commercial vehicle analyst at Power Systems Research, talks about the reasons for the 42.5% first quarter 2021 drop in global truck production.

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 discuss global truck production with Chris Fisher, PSR, senior commercial vehicle analyst.

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