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

2020-02-04

Near Term Recession Fears Recede in North America

SUMMARY.  The North American economy remained stable in 2019 and pure economic conditions as well as fundamentals in the region were favorable. Most industries performed very well, and the short-term outlook remains stable to flat for most market segments. However, we see many new developments that could suggest a shift in the trend.

Yosyf Sheremeta
Yosyf Sheremeta

Consumer confidence declined slightly in December, following a moderate increase in November.  The Conference Board’s Consumer Confidence Index stood at 126.5 in December, 1.4 points higher than in September 2019. 

Per Lynn Franco, Senior Director of Economic Indicators at The Conference Board: “While consumers’ assessment of current conditions improved, their expectations declined, driven primarily by a softening in their short-term outlook regarding jobs and financial prospects. While the economy hasn’t shown signs of further weakening, there is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020.”

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PowerTALK March 2018

PowerTALK March 2018Download

Severe Weather, Economy Boost Q4 2017 Gen-Set Sales

In this issue of PowerTALK, you’ll find PowerTRACKER North American gen-set survey report as well as news and analysis about these Top Stories:

  • PSR Marine Database Expanded
  • Data Point: A new feature
  • 2018 Moscow Boat Show Report
  • India Shifts EV Program
  • Hyundai May Build Engine Plant in Russia
  • Ford Delivers First Bi-fuel Focus Cars in Russia
  • Some Thoughts as China Drops Term Limits.
  • VW Picks China’s CATL as Battery Source

2023-11-16

Construction Equipment Set for Substantial Growth

INDIA REPORT
Aditya Kondejkar

The construction equipment industry anticipates a robust 5-year outlook with a projected 15% year-on-year growth. This optimistic forecast is anchored in the momentum generated by ongoing construction projects and increased infrastructure spending. The government’s substantial allocation of $130.57 billion (Rs 10 lakh crore) underscores its commitment to fortifying this sector.

Moreover, the recognition of the scale and technological prospects within the construction landscape further emphasizes the strategic importance of advancements in this domain.

Source: Times of India:   Read The Article

The construction equipment (CE) sector has undergone significant transformation over the past 2-3 years, marked by major players reaching peak manufacturing capacities and subsequently embarking on expansive growth initiatives.

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PowerTALK May 2018

Autonomous Vehicles Long Way Off

Readers of PowerTALK aren’t looking for autonomous vehicles to hit the roads soon, if our survey published last month is any indication.

In the April issue of PowerTALK, we asked readers, “When do you think a fully autonomous vehicle will be available in the market place?” Only 22.22% of respondents said it would happen within five years. More, 33.33%, said it would happen in the period of six to 10 years.

Other Top Stories in this issue of PowerTALK include

  • Don’t look for autonomous vehicles soon
  • NA power boat demand grows
  • Brazil Agrishow 2018 Report
  • JCB reduces backhoe production
  • Royal Enfield eyes global markets
  • Nissan to drop diesels in Europe
  • Russian car sales climb 18%

PowerTALK October 2018

Power-TALK_October 2018Download

Electrification: What’s The Future for Off-Highway?

Construction equipment OEMs are evaluating various electrification options, including hybrid configurations where electric auxiliary drives are being adapted to replace traditional mechanical systems, including hydraulics, in some cases. But relatively few pure battery-electric machine designs have appeared, at this point, writes Dennis Huibregtse, CEO of Power Systems Research.

Top Stories in this issue of PowerTALK:

  • Data Point: NA Combines: 7600
  • Electrification Goes Off-Road
  • NA Economic Forecast
  • Automated Mining Trucks
  • Weichai Shows 6b Diesel
  • VW Group Performs
  • Piaggio Banks on Alternative Fuels
  • Russia Plans China JV

PowerTALK September 2018

PowerTALK_September 2018Download

What Is the Real Cost of Diesel?

Dennis Huibregtse, CEO of Power Systems Research, examines the trade-offs faced by fleet managers as they consider switching from diesel to alternative fuels.

As fleets evaluate powertrain alternatives in their search for potential
operating cost reductions and improvements in efficiency, it quickly becomes apparent that not all attributes of the current range of alternatives are perceived favorably or equally.

Top Stories in this issue of PowerTALK

  • A Grader Production
  • Effect of Trade Wars?
  • Report: Cannes Yachting Show
  • Mercedes Expands Exports from Brazil
  • Major Consolidation at Weichai Power, CNHTC
  • Impact of Axle Norms on Trucks in India
  • Mahindra Pickup To Be Assembled in Russia

2023-04-18

Group Beneteau Forecasts 10% Growth in 2023

EUROPEAN REPORT 
Natasa Mulahalilovic
Natasa Mulahalilovic

Groupe Beneteau, one of the world’s leading manufacturers of pleasure boats and mobile homes, posted revenue of USD 1.6 million (1.508,1 million EUR) for 2022. The boat division generated USD1.3 million (1.250,9 million EUR), 83% of the group’s total revenue.

The Group order books are full for this year. The forecast is for 10% growth compared to revenues achieved in 2022. Last year, revenues by market were at 613.20 million EUR for Europe, 424.4 million EUR for North America and 135.9 million EUR for other regions.

The group plans to launch 13 models in 2023, of which five will be new models of dayboats, four models of sailing yachts, two models of sail catamarans and two models of power catamarans. 

The boat division revenues increased 19.7% compared to 2021. The motorboats division contributed 58% of the total and the sailing division added 42%. The best-selling boats are the motor dayboats in size up to 8 meters followed by the sailing multihulls over 10 meters.

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PowerTracker Summary Q3 2021: Gen-Set Sales Growth Constrained by Supply Chain Delays

Joe Zirnhelt
Joe Zirnhelt

SUMMARY: Our PowerTrackerTM survey of dealers and distributors reported that overall gen-set sales increased in Q3 2021 up 4.3% from Q2 2021 levels.  This builds on a sales increase of 6.8% in Q2 2021 and a slower start to the year of -7.4% in Q1 2021 as sales were constrained by availability and supply issues. 

This quarter’s results were based on interviews with 110 gen-set dealer and distributor respondents based in North America. The overarching theme in the third quarter was a continuation of sales growth being constrained by the availability and supply of gen-sets.  Longer lead times for dealers to receive shipments is limiting their sales – even though demand from end users remains at high levels. 

The data comes from the proprietary PowerTrackerTM series of syndicated surveys conducted each quarter by Power Systems Research. Each quarter we interview gen-set dealers and distributors and other businesses across North America to maintain a pulse on the sales channels as well as monitor the ongoing needs and plans for businesses to purchase standby gen-sets to support their business operations.

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2023-02-20

Charging Infrastructure Blocks BEV Growth

NORTH AMERICA REPORT
Chris Fisher
Chris Fisher

According to John O’Leary President and CEO of DTNA, charging infrastructure is the greatest barrier to adoption for battery electric heavy trucks.  Speaking to journalists in Las Vegas, he said customers are happy with the electric vehicles they have received but they are unable to expand their fleets with additional electric vehicles primarily due to the lack of charging infrastructure.

“Overwhelmingly, infrastructure is slowing us down in terms of EV deployment,” said Daimler Truck North America President and CEO John O’Leary. “Site prep, permitting, and construction delays all contribute to deployment times being measured in years, not weeks or months.”

“There’s a lot of will in the regulatory and political arenas to make that happen, but when you start talking about moving large megawatt lines of electricity around and building new substations, it just takes time,” he said. 

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2020-12-21

Powersports Segment Growth Ignores COVID-19

Michael Aistrup
Michael Aistrup

While much of the North American economy slowed to a crawl after COVID-19 shutdowns in 2020, the powersports industry posted significant growth. Many people, weary of staying at home, found a cure for cabin fever while riding an off-road vehicle or experiencing socially distant spaces on trails. By all indications, the sales increase in powersports equipment has been one of the few bright spots in an otherwise grim COVID-19 economy.

According to Jeremy Jansen, senior vice president of Wells Fargo Commercial Banking’s distribution financing business, “What started out as a slight uptick has just taken off to record sales levels,” he said. “Dirt bikes, ATVs, side by sides, personal transport vehicles — everything in the book is retailing well above prior year.” After plummeting briefly in mid-March amid the initial shutdown, powersports sales skyrocketed in the ensuing months.

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