CE StatsAEM is committed to increasing the vitality and competitiveness in Latin America for members in the construction equipment sector, and the association’s ongoing efforts to develop, expand and implement statistics programs in the region drove discussions and actions taken by AEM's Latin American CE Statistics Task Force at its most recent meeting held late last month.

Hosted by Volvo Construction Equipment at its Viking Event Center in Curitiba, Parana, Brazil, the meeting brought together market data professionals to consider and discuss how industry data should be packaged and shared.

“The meeting late last month in Curitiba set records both in attendance and in companies represented, easily reaching the quorum necessary to conduct the official business of the committee,” said AEM Senior Director of Statistics Mike Lietke. “And a sincere thanks goes out to Volvo Group, who proved excellent hosts with top-notch facilities.” 

Latin America statistics priorities discussed and approved at the meeting included:

  • Committing efforts towards improving data integrity. They include developing an internal process to share the data with those higher up within respective organizations, investigating the cost of putting into a dashboard the percentage of R12 (12-month revisions), and creating a tool to help AEM staff identity Latin America CE companies that may need assistance due to the volume of revisions they are submitting
  • Reviewing of product specialists’ product assignments
  • Updating the new wheel loader classification for LAM programs
  • Developing a Latin America Annual Reporting Survey for CE STF similar to that for the North American market
  • Volvo advanced efforts toward readying to start reporting state-level retail data in Mexico and other regions in 2020
  • Approving language additions to the AEM Statistics Policy & Procedure Manual regarding Latin America’s program requirements 
  • Establishing policy for reporting revisions consistently
  • Suspension (until next scheduled meeting) of telehandlers program due to low volume unit being reported, which will result in company disclosure
  • Developing recommendations to avoid data disclosure should worldwide model charts be replaced by regional model charts 
  • Studying whether to allow access to industry aggregate data to other program participating companies, even if they do not report all the products

New program changes include:

  • Approving alignment of Latin America’s size classes with North America and worldwide programs for crawler tractors and wheel loaders, beginning in 2020 and contingent upon ISC’s approval.
  • Approving of new size class change for rigid frame haulers for the Mexico and Latin America expendable region programs.

In addition, significant progress has been achieved in the recruitment of key participating companies to start reporting data in January of 2020.

For more information, please contact AEM Director of Latin America Statistics Arnold Huerta at ahuerta@aem.org.

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