Central/South America

  • Randon Acquires US Trailer Maker Hercules

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    Randon, an Brazil-based OEM, has agreed to invest $40 million to acquire the US-based trailer manufacturer Hercules. Randon’s purchase agreement for Hercules is expected to be finalized within 120 days. Randon Implementos is the largest semi-trailer manufacturer in Latin America. The company maintains a manufacturing park in Argentina and works with partners to assemble semi-trailers at several points in Central America and Africa. It is the main Brazilian exporter in the segment, with a historical market share of 60% in exports.

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  • São Paulo Partners with ENEL To Replace Diesel Buses

    Fabio Ferraresi
    Fabio Ferraresi

    The City of São Paulo has announced a partnership with Enel, an energy supplier, for its bus fleet electrification project to be completed by 2024. Under the agreement, the city will get funding for the project of R $ 8 billion. The plan calls for the replacement of the fleet of combustion buses with non-polluting models.

    According to the city, Enel is one of the main stakeholders in the project and should assist companies in logistics, infrastructure and the feasibility of electric vehicles based on their experience in Latin America.

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  • Foton Aumark Shuts Down Operations in Brazil

    Ten years after starting operations in Brazil with the import of Trucks and plans to have a local plant, Foton Aumark do Brasil (FAB) is preparing to go to court against the Chinese brand, claiming breach of contract. The company was created by economist Luiz Carlos Mendonça de Barros, former president of BNDES and former director of the Central Bank.

    Source: Automotive Business     Read The Article

    PSR Analysis: The volumes of Foton were always very small and the situation will…

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  • Scania, VW and Volvo Show Euro VI Lineup

    Three OEMs have announced new fuel efficient products.

    Scania has announced an 8% fuel consumption improvement with Super 13 liters engines and promises 50% maintenance stops reduction. Volvo has announced a new Euro VI line with Volvo Engine produced in Brazil, replacing MWM on the VM platform. VW fuel consumption improvement is in the 5% range and the company reports 4,000 units Euro VI sold in 2022 already.

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  • GM Opens Third Shift at Joinville Engine Production Plant

    GM has added a third shift at its plant in Joinville, SC, Brazil, to increase production capacity and supply engines for the Montana, the new Light Pickup below the S10 size. The capacity production increase forecast is 30%.

    Source: Automotive Business     Read The Article

    PSR Analysis: The new GM Montana pickup is aimed to complete with the Fiat Toro and Fiat Strada, and grab market share from the leaders. GM also expects to export engines, if the shortage of semiconductors can…

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  • Special Report: M&T Expo

    BRAZIL/SOUTH AMERICA REPORT  
    Carlos Briganti
    Carlos Briganti

    TheM&T Expo 2022 is one of the most important trade fairs in the construction and mining equipment industry throughout Latin America and this year the show featured more than 600 exhibiting brands in 54,000 square meters. Held in Sao Paulo Aug. 30-Sept. 2, 2022, the event had more than 30,000 visits in four days. 

    Disagreements between show organizers and exhibitors caused key players in the market to avoid the show. The list of missing exhibitors included Caterpillar, John Deere, Komatsu, JCB, CNH, and Volvo. Chinese companies, as well as Liebherr, took this opportunity to use large spaces at the event, both in area and in product portfolio with respective sales and engineering teams.

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  • Marcopolo To Deliver 30 EV Buses in 2022

    Fabio Ferraresi
    Fabio Ferraresi

    Formerly using chassis built by other companies, mainly BYD, Marcopolo has announced plans to build its own EV chassis. It plans to produce and offer a complete set of bus chassis and bus body. It plans to deliver of 30 units in different setups for Brazilian cities in 2023.

    Source: Automotive Business     Read The Article

    PSR Analysis: Marcopolo is betting that its own chassis is more competitive for the market from an engineering and product standpoint. While preparing…

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  • Mercedes To Deliver 1000 EV Bus by 2023 to São Paulo

    During the Lat.Bus show in São Paulo, the Sales Director of Mercedes, Walter Barbosa, affirmed the demand of 500 EV Bus in 2022 and 500 in 2023, but he expect no deliveries in 2022 and all delivered in 2023.

    Source: Automotive Business     Read The Article

    PSR Analysis: Mercedes is running against the clock to win the business in São Paulo. Although it is preferred by the public transportation companies, BYD is ahead with product already developed. Marcopolo shows as a solution…

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  • Volvo EV Bus Planned for Brazil in 2023

    Volvo’s EV bus is now in the homologation phase in Brazil. Initially it will be produced in Sweden, with plans to be produced in Brazil for the South America market. The Curitiba plant engineering has participated significantly in the Bus Development.

    Source: Automotive Business     Read The Article

    PSR Analysis: Volvo adapt its line-up to compete in the Brazil and South America market that will demand significant part of the volume for the EV models. It is slightly behind Mercedes…

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  • Brazil Highway Implement Registrations Continue High

    BRAZIL/SOUTH AMERICA REPORT  

    July registrations of implements (trailer and over-chassis) reached 13,133 units, above the January to May average of 12,500 units. ANFIR (National Association of Road Implement Manufacturers) forecast is to reach 165,000 unit registrations, slightly above the 163,000 registered last year.

    Source: Automotive Business      Read The Article

    PSR Analysis: The trailers and over-chassis implement supply chain has fewer constraints than the Truck…

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