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Truck Production Climbs in 2Q 2017
Download PDFST. PAUL, MN (JULY 14, 2017)—The Power Systems Research Truck Production Index (PSR-TPI) increased from 100 to 114, or 14%, for the three-month period ended June 30, 2017, from Q1 2017. The year-over-year (Q2 2016 to Q2 2017) gain for the PSR-TPI was, 111 to 114, or 2.7%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets. This data comes from CV Link™, the proprietary database of commercial vehicles maintained by Power Systems Research.
SUMMARY: While the global economy is mixed, the overall trend for economic growth remains positive and bodes well for commercial vehicle demand. Commodity prices continue to hinder growth primarily due to overcapacity in the Chinese market.
Regionally, except for South America, India and Turkey regional commercial vehicle demand is typically at historic replacement levels and are expected to remain that way throughout the remainder of the year. After seeing a couple of poor years for demand in Russia, it appears commercial vehicle sales have rebounded.
Detailed comments are contained for each region with a corresponding regional graph in the attached downloadable PDF.
Chris Fisher is the senior commercial vehicle analyst at Power Systems Research
Jim Downey is vice president -global data products at Power Systems Research
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Booming North American Rental Market Offers Opportunity
This article appeared in the June 2017 issue of Compoundings Magazine, published by ILMA (Independent Lubricant Manufacturers Association)
If you didn’t hike through the nearly 3 million square feet of exhibit space at CONEXPO-CON/AGG in Las Vegas in March, you missed an opportunity to explore several new markets for lubricants.
And even if you were in Las Vegas, you might have missed two of the most promising growth opportunities for lubricants.…
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Gen-Set Sales Start Slow in Q1 2017
SUMMARY: Considering sales across all power ranges, gen-set sales were off to a slower start in Q1 2017, down 5.5% compared to Q4 2016 levels. This decrease follows Q4 2016 where overall dealer reported sales were flat relative to Q3 2016 levels.
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Small Engines Placing Big Demands on Lubes
This article appeared in the April 2017 issue of Compoundings Magazine, published by ILMA (Independent Lubricant Manufacturers Association)
Recently, off-road industrial and recreational vehicle engines have become increasingly larger and higher performing. The result is a demand for these once smaller engines in increasingly difficult situations, and performance demands placed upon engine lubricants used by off-road industrial and recreational…
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POWER SYSTEMS RESEARCH (PSR): Another in Our Series of EGSA Member Company Profiles
This article appeared in the July/August 2016 issue of Powerline Magazine, published by EGSA (Electrical Generating Systems Association)
This is the story of a 40-year-old company that carried on
and succeeded following the sudden and tragic death of its
Founder and President last year. Early in 2015, George Zirnhelt,
the dynamic and creative Founder and President of Power Systems
Research (PSR), passed away from injuries sustained in an
accident while vacationing in Mexico.The PSR global team rebounded from this loss, immediately
implementing a crisis operations plan and a management transition
program that were both already put in place. Instead of losing
ground, the company finished 2015 strong, by following through
on several strategic tasks that George had initiated and implemented
to position the company for future growth and expansion.Already in Q1, 2016 revenue was the best in more than a decade
– a sign that the company is moving forward despite tragic loss.
PSR is an internationally-recognized leader in the collection,
analysis and forecasting of production information for engines -
2014 Experimental Vehicle Team
PSR helps to sponsor international award-winning St. Thomas Academy (St. Paul, Minn.) Experimental Vehicle Team. This is a record of their 2014 winning effort.