-
Mexico Beats Argentina for Brazilian Vehicle Exports
Fabio Ferraresi Mexico became the main trading partner of the Brazilian automotive sector in July, beating Argentina in 2023 YTD results. Brazil exports volume to Mexico are favorable because of a 33% growth in the Mexican domestic market. Brazil expanded its exports to the country by 142%, according to Anfavea.
Even with the help of increasing exports to Mexico, Brazilian exports had a significant reduction to 30,300 units, 27.6% below the same period in 2022, which totaled 41,900 units.
The Chilean market has shrunk by 30% this year, from 261,000 to 182,000 units compared to the first seven months of 2022. Purchases of vehicles made in Brazil decreased 61% in the period, from 41,000 to 16,000 units.
In Colombia, the domestic market fell by 60%, from 263,000 to 104,000 units, from January to July compared to the same period last year, and the presence of Brazilian vehicles fell 42%, from 47,000 to 27,000 units.
-
First VW Truck Produced in Argentina
The first Volkswagen truck has just left the new exclusive area for the assembly of commercial vehicles of the Industrial Center of Córdoba, Argentina. The vehicle, a VW Delivery 11,180, will be used in the validation of the manufacturing process and for the training of employees. Then it will be part of the fleet that will run tests around the country. The agreement announced by Volkswagen Caminhões e Ônibus and Volkswagen Argentina in December 2022 provides for the manufacture of five models of…
-
Volvo Tests Renewable LNG Truck
BRAZIL/SOUTH AMERICA REPORT
Fabio Ferraresi Volvo plans to test trucks fueled by vegetable origin LNG, gas in liquid form. According to the president of Volvo Trucks in Latin America, Wilson Lirmann, gas from renewable waste makes more sense in the transport operation because it contributes to nullifying the emission of CO2 in the fleet of commercial vehicles.
In this sense, the brand should soon bring LNG-powered trucks to the region. Brazil is a focus market, but possibly these trucks will debut in other South America countries. That’s because the infrastructure is still under development in Brazil. Although Lirmann does not say which countries in the region will receive the brand’s first gas trucks, it is known that Argentina and Chile already have more developed technology and infrastructure.
-
Fras-le Acquires Juratek in UK
Fabio Ferraresi Fras-le announced plans to acquire the operations of AML Juratek, the parent company of Juratek and BettaParts, which operate in the UK and European aftermarket, with lines of braking products such as discs, brake pads, calipers and actuators. Fras-le said it intends to invest about US$ 22 million (£ 18.2 million) in the acquisition.
Fras-le will continue to work in the European market with the Juratek and BettaParts brands and will receive the reinforcement of the other iconic brands of the company in the global market, such as Fras-le and Fremax, expanding business possibilities. In 2022, AML Juratek recorded revenues of approximately £25 million.
The acquisition is added to Fras-le’s global structure of operations, currently present with industrial units in Brazil, the United States, China, Argentina, Uruguay and India, as well as distribution, technology and development centers and commercial representations to serve customers in more than 120 countries on five continents.
-
Argentina Car Sales Drop 24%, But Production Grows
Fabio Ferraresi Sales in October 2021 are 24.1% lower than the same period of 2020 in Argentina, at about 25,000 units. This is also 1.6% lower than September 2021. On the other hand, production has grown 42.8% in October 2021 over October 2020 with 41,000 units produced, driven by strong exports.
Source: Automotive Business Read The Article
PSR Analysis: Brazil's shortage of cars is due to a shortage of semiconductors and supply chain issues caused by the demand increase for…
-
Argentina Forces OEMs and Supply Chain To Produce at Full Capacity
In an effort to reduce the domestic economic impact of the pandemic, the Argentinian government has published an order that makes all industry with annual revenue above US$ 41 Million to produce at full capacity. If not, they will be fined.
Source: Automotive Business Read The Article
PSR Analysis: As the Argentinian government sees a shortage of industrial products and related price escalation, it identifies reduced OEM production as the main cause of these shortages. However, it underestimates…
-
Ford Announces US$ 580 Million Investment in Argentina
This investment is dedicated to the new generation of Ford Ranger, produced in Pacheco at the Great Buenos Aires since 1998. 70% of the investment will be for production facilities and 30% in the new product line development.
Source: Valor Economico Read The Article
PSR Analysis: The production in Argentina is mainly for export. The main market for Ranger pickups is Brazil where they will compete with the GM S10 produced in Brazil and the Toyota Hi Lux produced in Argentina. PSR
Fabio Ferraresi…
-
Iveco Sets Record Sales of NG Trucks in Argentina
After selling 35 NG Trucks in Chile, Iveco announced the sale of 100 Stralis NP Cursor 13 NGs in Argentina for a supplier to O&G industry in the Southern country.
Source: Read The Article
PSR Analysis: The acceptance from customers helps to remove a barrier to NG sales, transforming this technology from a Trend to a reality. NG was formerly more deployed in Buses than in Trucks. With the experience of fleet owners, the technology will gain scale rapidly…
-
The Future of Diesel Engines in Metropolitan Areas
Introduction
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.
TPI
PSR Truck Production Index
Free quarterly global commercial vehicle production report.
Alternative Power Report
The latest EV and power source news including batteries and fuel cells with analysis by PSR experts.
PowerTALK News
Stay informed each month with insights from Power Systems Research’s analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe View Archive
OE Link™ Offers
Global Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
Current Reports
Download complimentary reports that show the type of information available from Power Systems Research.
PowerTALK News
Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe