Chris Fisher is responsible for developing and managing all information products related to the global commercial vehicle industry. He received his Business Administration degree from the University of Nebraska. Prior to coming to work at Power Systems Research, Chris worked at Baldwin Filters as a Market Analyst, OEM Account Representative, and as the Manager of Engineering Services. Chris has been with Power Systems Research since 2006 and has written and published many articles and is a key contributor to Transport Topics, Bloomberg, Diesel Progress and various other publications.
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.
Hino Motors has announced that the falsification of diesel engine emission values, which was previously announced in March, had been taking place since at least 2003 or earlier. The company had previously stated that the fraud began in the fall of 2016. In 2016, the company also revealed that it had falsely reported to the MLIT (Ministry of Land, Infrastructure, Transport, and Tourism) in response to its request for a fact-finding survey on exhaust gas and fuel efficiency tests.
PSR Analysis: Although I do not wish to make such negativity a theme, I cannot overlook this issue. The impact on the industry of the fraud at Hino, which has the top share of the medium- and heavy-duty truck sector in Japan, is significant. Isuzu has suspended shipments of four bus models that use Hino engines. Not limited to the automotive field, Tadano cranes, Kobelco hydraulic excavators, Hitachi Construction Machinery wheel loaders, and Kato rough terrain cranes have also been forced to suspend shipments after the problem came to light.
Our team at Power Systems Research, as a lead global Market Intelligence Company and specialized in Propulsion Systems and Powertrain for Vehicles and Equipment, is frequently asked about the future of Diesel Engines.
It is impossible to provide a complete answer for this question due to the wide range of applications, as well as the excellent performance and versatility of Diesel Engines.
Thus, in this article we focus on the Diesel Engine application in Commercial Vehicles in metropolitan areas, and more specifically, in Urban Buses.
SUMMARY: Gen-set
sales in Q4 2019 rose 3.5% from Q3 2019, driven primarily by growth in the
middle power ranges. The 21-50kW range experienced the fastest growth at 7.5%,
followed by 10-20kW at 3.7% and 101-300kW at 3.5%.
When looking at this
growth by application, we see that standbys were the only application to
experience meaningful growth this quarter, ending with a strong 7.5% increase. Unlike
previous quarters, this increased demand came from more than residential
consumers. Institutional and industrial consumers increased their demand by
2.5% and 3.75%, respectively. This is the strongest fourth quarter showing for
these consumer types in the last five years.
St. Paul,
MN (October 12, 2017)— The Power
Systems Research global Truck
Production Index (PSR-TPI) deceased from 116 to 105, or -9.5%, for the
three-month period ended September 30, 2017, from Q2 2017. However, the
year-over-year (Q3 2016 to Q3 2017) gain for the PSR-TPI was 101 to 105, or
3.9%.
Overall, the global commercial truck
industry is stronger than it has been in a number of years and is expected to
continue to be strong moving into 2018.
While there are still concerns about regional economies such as South
America and Greater China, the global economies continue to improve.
SUMMARY:Gen-set sales in Q3 2019 rose 7% from Q2 2019, due to a continued strong demand for standby power systems. Standby systems in both the residential and commercial sectors drove this growth (the highest QoQ growth of the year so far), with the 10-20kW range increasing sales by nearly 12% and the 21-50kW, 51-100, and 101-300kW ranges growing 5-7%.
SUMMARY: Gen-set sales in Q3 2019 rose 7% from Q2 2019, due to a continued strong demand for standby power systems. Standby systems in both the residential and commercial sectors drove the 7% growth (the highest QoQ growth of the year so far), with the 10-20kW range increasing sales by nearly 12% and the 21-50kW, 51-100, and 101-300kW ranges growing 5-7%.
On a Year-on-Year basis, overall unit sales for Q3 2019 were up 2.9% compared to sales levels in Q3 2018.
Fabio Ferraresi Dir. Business Development South America
Fabio Ferraresi holds a Bachelor degree in Mechanical Engineering from the University of São Paulo, and he received his MBA in Business Management from Fundação Getúlio Vargas. He also holds CMQ-OE and CQE certifications from American Society for Quality. He has experience in automotive business in South America and Asia. He has worked for Eaton Corporation for 12 years in Brazil and China in positions such as supplier development manager, supply chain manager, factory manager and quality manager. Fabio also serves as business development director of Grupo Engenho, a consulting company with activities in business management and Operational excellence. Fabio joined the Power Systems Research team in 2014.
Today, Fabio Fabio Ferraresi, Director of Business Development in South America, discusses Brazil MH vehicle production and trends in MHV propulsion and powertrains.
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 Fabio Ferraresi about transportation trends in Brazil, especially as they apply to medium and heavy vehicles. We’ll discuss 2021 Brazil production forecasts, and we’ll also look at trends in propulsion and powertrains for medium and heavy vehicles.
Chris Fisher is responsible for developing and managing all information products related to the global commercial vehicle industry. He received his Business Administration degree from the University of Nebraska. Prior to coming to work at Power Systems Research, Chris worked at Baldwin Filters as a Market Analyst, OEM Account Representative, and as the Manager of Engineering Services. Chris has been with Power Systems Research since 2006 and has written and published many articles and is a key contributor to Transport Topics, Bloomberg, Diesel Progress and various other publications.
Chris Fisher, Senior Commercial Vehicle Analyst at Power Systems Research, discusses the Q2 2021 global production facts and related forecasts for medium and heavy trucks, as reported in the quarterly PSR Truck Production Index.
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. Chris is Senior Commercial Vehicle Analyst at Power Systems Research.
The third quarter of 2021 brought steady economic activities and strong economic recovery in North America. Despite this strong economic recovery, many existing and new challenges developed. Pandemic-related supply chain disruptions, logistics backlogs, shortages within semiconductor products and new virus re-problems, labor market issues (shortages across service industry as well as skilled labor)- have contributed to slower growth in Q3 2021 than previously expected.
With the help of government support and targeted fiscal policies, the US economy is showing a strong comeback in 2021. Furthermore, it is on a positive trajectory to continue to grow in the next few years. There are many reasons for us to be optimistic about this trend. Our positive outlook is based on the reviews of key economic indicators, including GDP, unemployment, and inflation. In our previous forecasts, we discussed recovery trends for the post-pandemic period, and we called for a return of demand for most markets in 2021, especially during H2 2021.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
Performance cookies are used to adjust the rate of analytic and advertisement tracking (if enabled) to avoid slowing our site down during high traffic times.
Cookies used to track your Internet use and tailor advertisements to your interests and provide the ability to share and like pages on our site with your friends on social media.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
