Central/South America

  • US$ 22 Billion in Green Hydrogen Projects Planned in Brazil

    From January to June, six Intention Letters to install H2V facilities have been signed by companies and the total of investment involved is around US$ 22 billion. One of the players is the Australian Fortescue, one of the six biggest producers of iron ore in the world. Companies of renewable energy such as the also Australian Energix Energy and petrochemical as British Petrol are also behind the investment plans.

    Source: Valor     Read The Article

    PSR Analysis: The investment is…

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  • Chinese Great Wall Acquires Mercedes-Benz Facility in São Paulo

    Although the acquisition has not been confirmed by the companies, the Journal “O Globo” published a report that an internal communication to Mercedes employees about the deal was released June 25 with technical details of the facility confirming it meets the requirements of the Chinese company.

    Source: Autoespoerte / O Globo    Read The Article

    PSR Analysis: It looks like the perfect match as it is a good opportunity for the German car maker to sell the assets of the plant stopped in…

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  • Rio de Janeiro Plans 100% Electric Buses by 2050

    Fabio Ferraresi
    Fabio Ferraresi

    The Mayor of Rio de Janeiro has announced a package of alternative power measures and goals with two important milestones for 2030 and 2050. Here are the main goals affecting the mobility and transportation industry:

    2030

    • Replace 20% of Public Service of Bus Transportation by Zero Emission Vehicles.
    • Reduce by 10% the average time of commuting by public transportation.
    • Increase by 400% the number of trips by bicycle.  
    • Reduce by 20% the emission of GHG.
    • Reach 100% of city regions with selective refuse collection.

    2050

    • Neutralize GHG emission
    • 100% of the Transit Bus Fleet is Electric.

    Source: Diario do Transporte    Read The Article

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  • Protests Affect Columbia Vehicles Market

    Sales of vehicles in Colombia were affected by protests and roadblocks in May. Because of the protest, dealers were closed and vehicles are blocked at the ports of Cartagena and Barranquilla. Even with the reduction from April to May, when 14,700 units were sold, below the 18,000 in April, the YTD result in 2021 is 50.2% better than 2020.

    Source: AutoData     Read The Article

    PSR Analysis: The recovery of the Colombia economy, seen in light of the vehicle market, is faster than expected, even with…

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  • Goods Transported in Brazil Increases in 2021

    From January to April, the amount of total of goods transported in Brazil was R$ 2.9 trillion, while in the same period of 2020 it was R$ 2.1 trillion, an increase of 39%. This metric is used as a baromometer for the Brazilian economy.

    Source: M&T     Read The Article

    PSR Analysis: This result is aligned with what we see in the sales of new trucks and trailers and confirms our increase in FY 2021 sales and production. Part of the increase is due to inflation in local currency, but part is due to…

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  • Müller Launches Rigid Off-Highway Truck MDT430 in Brazil

    Fabio Ferraresi
    Fabio Ferraresi

    The Brazilian group that acquired Randon Veículos, the division of Randon group that produced OH Trucks and Construction Equipment, at the end of 2020 launched the first model under the Müller brand. It has a 350 HP Turbo Intercooler produced by Scania and an Allisson Automatic Transmission.

    Source: M&T     Read The Article

    PSR Analysis: Whether lucky or visionary, Müller is well positioned to produce positive results in coming years. While mining activity in…

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  • VWCO Exports Grow 130% in First 4 Months of 2021

    VWCO reported exports of 2527 trucks and buses from January to April 2021, versus 1084 units in the same period of 2020. Most of the growth came during April; the month was very negatively affected by the pandemic in 2020.

    Source: Automotive Business      Read The Article

    PSR Analysis: As with other OEMs, the export volumes of VWCO have been better than expected considering only Q1 2021 vs. Q1 2020, period without pandemic effect in 2020. During our forecast planning in Q4…

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  • GM Announces LCV To Be Produced in Brazil

    This pickup truck will be produced at the São Caetano plant using the GEM platform, the leader in the compact car segment with Chevrolet Onyx. This vehicle will be smaller than the GM S-10, produced in São José dos Campos, Brazil, and bigger than the old Montana. It should compete with Fiat Toro, leader in sales ant he Pick-up segment.

    Source: M&T      Read The Article

    PSR Analysis: GM hopes to follow the success history of Stellantis in Brazil with a smaller, yet not compact pick-up. The successful…

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  • Müller Launches Rigid Off-Highway Truck MDT430 in Brazil

    The Brazilian group that acquired Randon Veículos, the division of Randon group that produced OH Trucks and Construction Equipment, at the end of 2020 launched the first model under the Müller brand. It has a 350 HP Turbo Intercooler produced by Scania and an Allisson Automatic Transmission.

    Source: M&T     Read The Article

    PSR Analysis: Whether lucky or visionary, Müller is well positioned to produce positive results in coming years. While mining activity in Brazil is growing with record commodities…

    Read More »

  • 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…

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