Brazil

  • Brazil Off-Highway, Industrial Segments Expect 4% Growth in 2022

    SOUTH AMERICA REPORT

    According to Abimaq, the total machine segment, that includes Construction Equipment, Agricultural Equipment, Power Gen-Sets, Industrial Equipment and others, grew 20% in 2021 and should grow more than 4% in 2022. When breaking down by subsegment, ABIMAQ see the segments impacted by infrastructure growing around 15% and the segments impacted by Agriculture growing pushed by the harvest growth.

    Source: M&T / Abimaq     Read The Article

    PSR Analysis: The just…

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  • Cummins Announces Hydrogen and Electrified Portfolio in Brazil

    When completing 50 years in Brazil, Cummins announces the arrival of the New Power unit in South America. This includes Electric propulsion, NG Engines, cleaner Diesel Engines, Fuel Cell and mainly Hydrogen.

    Source: M&T Magazine     Read The Article

    PSR Analysis:  As part of its global strategy, Cummins in South America, leads in the first phase in market niches with NG Engines and follows with other new solutions in the following phases.   PSR

    Fabio Ferraresi is Director, Business Development South…

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  • VWCO To Invest US$ 400 million in Four Years in Brazil

    The amount is expected to be directed mainly to new technologies, such as for the Proconve P8 introduction in 2023, new technologies for Connectivity and development of sales and aftersales areas.

    Source: O Estado de São Paulo     Read The Article

    PSR Analysis: The investment is higher than the former investments cycles but keeps the same line and makes the company one of the most important players in the Truck and Bus industry in South America. With this announcement, VWCO confirms its belief in the…

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  • JCB To Expand Production Capacity in Brazil

    JCB plans to invest R$ 120 million (US$ 20 million) in its factory located in Sorocaba, State of São Paulo, with the objective of increasing annual production capacity from 4,000 to 10,000 units by 2026. JCB expects to grow 50% in sales volume this year, compared to last year’s results, and more than double the sales.

    Source: Valor Economico      Read The Article

    PSR Analysis: With the increased production volume from new products made in Brazil, such as Wheel Loaders, JCB…

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  • Brazil Government Signals Concessions for Proconve L7 Introduction

    The current production limit for Production of L6 emissions level of Dec. 31 is expected to  be extended by three months for new vehicles finishing. All the other terms should be kept as it is.

    Source: Automotive Business      Read The Article

    PSR Analysis: With the semiconductor shortage, there are about 93,000 incomplete vehicles in Brazil waiting for parts, such as infotainment, auxiliary control systems and engines. This extension will bring some relief, but it does…

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  • Chinese Higer Bus To Produce Electric Buses in Brazil by 2023

    This Chinese OEM confirmed the plans to start the production of its vehicles in Brazil by 2023 after the initial phase of importing the first units in 2022. In 2021, road tests of the Azure A12BR will take place in São Paulo using the regular city bus fleet.

    Source: Automotive Business     Read The Article

    PSR Analysis: Higer Bus has announced an investment of US$ 10 million for production infrastructure but it has not announced the location of the manufacturing facility. Although…

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  • Stellantis Confirms Second Electric LCV in Brazil

    Soon after the recent launch of the Peugeot e-Expert, Stellantis announced the Citroën e-Jumpy on Friday Nov. 12. Price, drives, batteries configuration, autonomy have not been announced yet. However it announced the growth expectations from 1.2% Market Share to 4% with the new electric launches.

    Source: Automotive Business     Read The Article

    PSR Analysis: Although it has not been announced, the most likely scenario is that Citroën e-Jumpy will use the same configuration as its…

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  • Brazil Motorcycle In-Service Population Grows

    Fabio Ferraresi
    Fabio Ferraresi

    During the pandemic, the number of motorcycles in Brazil grew with the demand for delivery and e-commerce and boosted other business, from clothes for motorcyclists to spare parts.

    Source: M&T     Read  The Article

    PSR Analysis: The effect is seen not only because of the incremental sales and consequent in-service population increase, but because of the profile of utilization that changed. Motorcycles in Brazil are used for last mile delivery and delivery…

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  • Komatsu To Expand Autonomous Truck Operation in Brazil

    In line with global trends of automatization, Komatsu is expanding its autonomous Truck operation in Brazil. It already has six trucks operating in the mining complex of Carajás (PA) and other four trucks will be introduced this year. Komatsu says the autonomous driving technology brings 40% savings on tires and brakes, 13% on overall maintenance and 15% on productivity, considering the elimination of stops for driver changing and rest.

    Source: M&T    Read The Article

    PSR Analysis:…

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  • Mercedes Announces BEV Bus for Brazil

    Fabio Ferraresi
    Fabio Ferraresi

    Mercedes says it has committed an investment of US$ 20 million for the launch of the eO500U, the first electric bus by the German OEM, the market leader in Brazil. Roberto Leoncini, Sales Director said that Mercedes opted for beginning the electrification of the MHV segment by the Bus products because it has higher impact on the population.

    One of the key drivers for this launch is the new legislation for São Paulo city that aims to convert 50% of the fleet to electric by 2027. This…

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