News
-
Trump Tariffs Impact NA Truck Market

Chris Fisher It appears the two main goals for implementing US trade tariffs: to bring more manufacturing jobs to United States and to negotiate more favorable trade agreements to reduce the trade deficit with the rest of the world, could negatively impact the North American medium and heavy truck market. In 2024, the United States trade deficit was $918.4 billion which was a 17% increase from 2023.
April 9, President Trump paused his reciprocal tariffs on most countries for 90 days. The tariffs for most countries would be reduced to 10% during this period. Canada and Mexico will not be impacted by the 10% tariff for goods trading under the U.S.-Mexico-Canada Agreement. However, tariffs on imported Chinese goods were raised to 145% after the Chinese implemented retaliatory tariffs on goods exported into China from the United States.
-
Hannover Messe Show Report
Hannover Messe (March 31 – April 4, 2025) is the world’s leading annual trade fair for industrial technology, and the show delivered: AI and automation are now real, not hype. Hydrogen and sustainability took center stage. Canada’s partnership boosted global collaboration. The show proved industry is ready for a digital, green future — if you’re not innovating, you’re falling behind.
This year’s theme, “Energizing a Sustainable Industry” with a sharper focus on AI, automation, and sustainability. More than 127,000 visitors from 150 countries attended the show and more than 4,000 exhibitors, similar to 2024, participated. There was a significant increase in Canadian participation (225 exhibitors in 2025 vs. 83 in 2024).
-
Automec 2025: Innovation and Transformation
Automec 2025 offered a comprehensive showcase of emerging technologies and set the tone for the industry’s future in electrification, connectivity, and advanced diagnostics.
São Paulo – (April 22 – 26, 2025) Automec 2025 reaffirmed its standing as Latin America's premier trade fair for automotive parts, equipment, and services. Hosting more than 1,500 brands and over 90,000 visitors, the key theme of the events were sustainable mobility, digital transformation, and the professionalization of the…
-
Bauma-Germany Show Report
MUNICH (April 7–13, 2025)– Bauma 2025 returned to its traditional April slot, after the 2022 edition was held in October due to the pandemic, and it was a huge success.
Power Systems Research (PSR) sent a team to Bauma to research new products and developing industry trends. This report was produced by analysts in the team using AI tools to research and compile information.
-
Meet Us at Automec
Automec, held in Sao Paulo April 22-26, 2025, is the leading event in Latin America in the Replacement and Repair sectors for light, heavy and commercial vehicles, and a team from Power Systems Research (PSR) will be there to report on the happenings. Event organizers expect more than 1,500 exhibitors and as many as 100,000 attendees.
Fabio Ferraresi, Director-Business Development-South America, for Power Systems Research (PSR), and Ivo Garcia Lopes, Senior Associate Consultant, will be at the fair.…
-
Agrishow 2025. We’ll Be There.
Agrishow (April 28 – May 2, 2025) is the biggest and most important agricultural technology trade show in Brazil and one of the largest in the world. Fabio Ferraresi, Director-Business Development-South America, for Power Systems Research (PSR), and Heitor Aguiari, Agricultural Analyst, will be at the fair. More than 195,000 attendees are projected to visit the show, which will cover 520,000 square meters. You can read show reports on LinkedIn, powersys.com and in our PowerTALK newsletter.  …
-
FPT Industrial Supplies Agrale Engine
FPT Industrial has partnered with Agrale to supply the N60 CNG engine, powered by natural gas and biomethane, for the MA 11.0 GNV chassis. In Latin America, FPT increases it presence in the gas-powered bus market, supplying urban transport systems with low-emission engines that support decarbonization and air quality improvements while reducing CO₂ emissions.
-
Dutch OXBO Launches First Plant in Brazil
A new equipment factory was opened in Uberaba, Triângulo Mineiro, March 13. With an investment of US$ 50 million, it created about 70 direct jobs in its first year.
The 96,000-square-meter facility focuses on developing, manufacturing, and providing technical support for coffee harvesters, corn seed equipment, and other agricultural machinery. It will also supply equipment for harvesting acerola, peas, and green corn in Brazil.
-
US Losing Solid-State EV Battery Race

Guy Youngs Trump gives other nations a real opportunity. Ilika is known for its micro-batteries, and the firm is now heading towards commercial production of its ”Goliath” solid-state EV battery with an assist from the UK government. In September, the company announced that a prototype version of its Goliath solid-state EV battery cell passed a critical safety test, and things have been moving along quickly since then. On Oct. 3, the company reported that the completion of additional safety tests for its D5 prototype solid-state EV battery
Today’s Li-ion EV batteries are designed with safety at the forefront. Though fires can occur, they are extremely rare, and they are proportionally rarer than fires involving internal combustion vehicles. So, if a solid-state EV battery can reduce if not eliminate the need for elaborate safety systems, the payout can be significant for automakers seeking a foothold in the affordable EV market of the future
-
US Trade War Upsets Battery Industry
The battery and energy storage industry is watching intently the pending trade war between the US and its trade partners. Few industry players are willing to talk on the record about the situation – not least because it is a turbulent and unclear time.
But James Greenberger, executive director of the battery association NAATBatt International told BEST that trade tariffs may benefit certain industries in the US. But the lithium battery industry “will not be one of them,” he said.
OE Link™ Offers
Model Level Detail
Discover how our OE Link™ database can help you expand your markets.
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.
OE Link™ Offers
Model Detail by Segment
OE Link™ database delivers OEM products in 13 industry segments, including Agricultural, Construction, Industrial, and Commercial Vehicles.
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
DataPoint Reports
- North America Aerators Production
- North America Snowblower Production
- North America Tractor Production
- North America Dumper/Tender Production
OE Link™ Offers
Global Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
Show Reports
- CONEXPO – Summary Report
- CONEXPO 2026 Shows Hybrid Power Gear
- South America Paving Expo 2025 Sets Records
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