TUPY Acquires Teksid from Fiat Group for €210 million

SOURCE Tupy S.A. Read The Article

Tupy S.A., a Brazilian-based manufacturer of engineered cast iron structural components, today said it has agreed to acquire FCA’s global cast iron automotive components business, which is operated through FCA’s subsidiary Teksid S.p.A.

PSR Analysis: With the acquisition of the Italian cast iron foundry, the Brazilian company will have almost 10% of the global sales in the segment with a combined revenue in the range of 7 billion Reais (approximately $ 1.8 billion USD. PSR

Tupy says this deal will expand its presence in key segments of the global capital goods industry and will expand its potential for growth in machining and engineering services.

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Outdoor Recreation Group Creates COVID-19 Guide

The Outdoor Recreation Roundtable (ORR), a coalition of outdoor recreation trade associations and organizations, has published on their web site (www.recreationalroundtable .org) a guide for their members on the Outdoor Recreation Industry and the Coronavirus. Included on the site are Federal, State and Industry Resources, ORR’s letter to the President, Governors and Federal Government on the impact and recommendations to the Coronavirus crisis.

The site also has suggestions on what small businesses and policy makers can do to support efforts to combat the virus. The link for the informational site at ORR is: https://recreationroundtable.org/coronavirus/

PSR can support members of many of these organizations with focused and accurate forecasts of global diesel and gas engine production.  PSR


Michael Aistrup is a Senior Analyst

MotorIndia Sponsors Panel Discussion

MotorIndia is sponsoring a panel discussion of leading industry experts across the commercial vehicle value chain to share their insights on the short- to mid-term challenges in the truck industry.

Jinal Shah

The event will be held Wednesday, June 3, at 5:00 pm IST.

Register here.

The panel will be moderated by Jinal Shah, Regional Director, South Asia Operations, for Power Systems Research (PSR), a leading provider of global production data for engines and equipment.

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Powersports Industry Leading Economic Comeback

The Powersports industry–featuring ATVs, motorcycles and watercraft–appears to be leading the way on the road to economic recovery. According to Motorcycle & Powersports News magazine, this increased demand for powersports is helping values bounce back from historic lows.

Michael Aistrup
Michael Aistrup

According to Scott Yarbrough, senior analyst for motorcycle and powersports at Black Book: “After the first month of the COVID-19, shutdowns put a freeze on powersports values during the beginning of the spring selling season, and the second month saw dramatic declines.

This month values are up across the board, some by the largest amounts we have ever seen in a monthly update. A combination of surprisingly strong demand, coupled with drops in availability of units, has led to this resurgence in values,”

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Japan: Toyota, Nissan and Honda Research e-Fuel as New Fuel

Toyota, Nissan, and Honda each are preparing for stricter environmental regulations in 2030 by focusing on research and development of e-fuel, a synthetic liquid fuel made from carbon dioxide (CO2) and hydrogen (H2).

Akihiro Komuro
Akihito Komuro

e-Fuel is a liquid hydrocarbon chain fuel made from the catalytic synthesis of H2 and CO2 from the electrolysis of water.

Generated from renewable energy sources, they are “carbon neutral,” which means they emit and absorb the same amount of CO2. The e-fuel can be mixed with gasoline or diesel fuel.

The three Japanese companies each have begun researching efficient synthesis and use methods and business models. The reason for researching e-fuel is that, in addition to complying with regulations, the degree of penetration of e-fuel will have a significant impact on the ratio of EV and HEV sales.

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Rural Economy Helping Ride Out COVID Impact

With extended lockdowns in most parts of India, the production of all non-essentials was at a halt or at minuscule levels in April and May until the economy was unlocked. This move reduced demand in the short-term, but owing to intrinsic domestic demand, we are optimistic about future business expectations

Aditya Kondejkar

Better Outlook of Rural Economy

However, hope has arisen from India’s rural part as the agriculture sector appears to have been relatively less impacted by the lockdown. This part of the country never truly went into a harsh lockdown, and thus procurement, harvest, and consumer activities have remained unaffected. Farming continued during the lockdown, especially for rice and wheat cultivation. The return of migrant workers caused a surplus of agricultural labor. This resulted in the fact – more land was brought under cultivation than ever before. As a result, the country has witnessed a good season of rabi harvest.

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HDMA-PSR Webinar Report

Power Systems Research produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) that provided the outlook for commercial vehicle production in North America and Europe during Q4 2020 and 2021. 

Download the presentation by PSR representatives Chris Fisher, senior commercial vehicle analyst, and Emiliano Marzoli, senior business development manager-Europe. A member survey by HDMA’s Richard Anderson also is available for download here. PSR

Scania Creates Bridge To EU 2030 Emissions Targets

Emiliano Marzoli
Emiliano Marzoli

Scania, a Swedish truck manufacturer, is developing an 18-meter long solar cell-clad trailer that will be able to generate energy from devices along 140m2 of surface area on the sides and roof. 

According to the truck manufacturer, the powered trailer will be able to generate fuel saving between 5% and 10% in northern Europe, and up to double that in sunny regions like Spain.  The tests are also validating the use of the trailers as power stations to feed the main grid, once they have completed charging the batteries and the vehicle is stationary.

Source : Read The Article

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