CONEXPO Publications Booming North American Rental Market Offers Opportunity

This article appeared in the June 2017 issue of Compoundings Magazine, published by ILMA (Independent Lubricant Manufacturers Association)

If you didn’t hike through the nearly 3 million square feet of exhibit space at CONEXPO-CON/AGG in Las Vegas in March, you missed an opportunity to explore several new markets for lubricants.

And even if you were in Las Vegas, you might have missed two of the most promising growth opportunities for lubricants. One is the booming North American commercial equipment rental market. The second involves the changing outlook for emissions regulations, which will affect the demands for engine lubricants on commercial vehicles and off-highway equipment.

CONEXPO-CON/AGG is a huge international event held every three years for the construction industries, with a focus on construction, aggregates and ready-mix concrete. This year, nearly 128,000 attendees to the five-day show visited more than 2,800 exhibits.

US Combines

2019 US Production Forecast to Climb 2%

6800 Units

This information originally appeared in the July 2019 issue of PowerTALK.

By Carol Turner, Senior Analyst, Global Operations

This is the estimate by Power Systems Research of the number of Combines that will be produced in the United States during 2019. Estimated 2019 production will be up nearly 2% from 2018.

In 2018, production was 6846 units, down 485 units or 6.6% from 2017.

Read More»

PowerTALK April 2018

Global Truck Production Declines 6.1%

The Power Systems Research Truck Production Index (PSR-TPI) decreased from 114 to 107, or 6.1%, for the three-month period ended March 31, 2018, from Q4 2017. The year-over-year (Q1 2017 to Q1 2018) loss for the PSR-TPI was one point (108 to 107), or .93%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan &

Here are several other Top Stories in this issue:

  • Global Economies Power Ahead
  • Truck Production Index (TPI) Declines
  • DataPoint: 2018 TLB Production
  • Hydrogen Fuel Cell Primer
  • Florida Law Boosts Gen-Set Sales
  • European Business Climate Improves
  • Korea GM Faces Bankruptcy
  • US-China Trade War Heats Up
  • China Welcomes Tesla
  • Russia Truck Market Grows

PowerTALK January 2018

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

TRATON-Navistar Merger Impacts Engine Development

Chris Fisher
Chris Fisher

In November, Volkswagen’s TRATON group and Navistar announced a merger agreement in which TRATON will acquire all outstanding shares of Navistar.  Previously, TRATON held 16.7% of Navistar’s common shares.  The deal is valued at $3.7 billion and is expected to be finalized in mid-2021.

Navistar has been in collaboration with TRATON’s brand MAN for a number of years, primarily with regard to engine development.  PSR believes additional engine offerings will be one of the primary goals to improve profitability and long-term market share improvement within the class 8 truck segment.

Read More»

NA Economic Outlook: Slower H1 2021, But Much Stronger H2 2021 Expected

Yosyf Sheremeta
Yosyf Sheremeta

SUMMARY.  In our previous forecasts, we have discussed some hope for a V-shaped recovery, it did not materialize.  Our conclusion was based on several factors, such as the current economic cycle, overall strength of the economy, fiscal policy, political landscape in the US and globally, etc. After managing through the early stages of the pandemic in H1 2020, we saw good trends in H2 2020 and we had reasons to be optimistic for a quick recovery.

However, the recovery took a slight pause during the last few months.  Unemployment continued to increase, and regional lockdowns prevented the necessary demand for a significant year-end growth.  Now that the elections are over, we’ll have yet to see what the new administration will be able to achieve during the next two years.  Specifically, if the long awaited infrastructure reform can be passed.  However, fiscal policy with near zero interest rates, which government has promised to keep in place for the near future, will provide a good platform for the economic recovery and allow us to look optimistically into 2021-2022.

Read More»

Volvo Penta: Sustainability First , Zero-Emissions by 2050

Sources: Volvo Penta Press Releases, IBI News, Boating, Trade Only Today

Natasa Mulahalilovic
Natasa Mulahalilovic

Volvo Group announced that the company will focus on sustainable solutions in all business areas, from trucks and buses through construction to its marine division. The group objective is to become a zero-emission company by 2050, at the latest.

As part of this changeover, the Volvo Penta division, the world leader in marine engine and propulsion systems, is cutting its outboard engines production and sales. This reverses a major acquisition the company made in 2017.

Read More»

Fabio Discusses Electrification of MHV

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.

Read More»