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Global demand for generators is expected to be valued at US$ 21.6 Million in 2022 and is projected to reach US$ 28 6 Million by 2027, exhibiting a CAGR of 5.8% in the forecast period (2022-2032). The growing need for...
As outlined in past editions of the Market Trends Report, equipment sales volumes declined through the pandemic, due to supply chain disruptions, as well as a variety of other sector-specific issues. However, since 2021 Ritchie Bros has seen volumes...
CNH Industrial announces that effective December 31, 2022, it will cease all Construction Equipment sales activities in China. In the course of 2021, sales of Construction Equipment in China totaled approximately $88 million, and CNH Industrial does not expect...
Kurt Hollinger has been appointed Vice President of National Accounts for Volvo Trucks North America. Kurt will begin his new position on February 14, 2022. Kurt Hollinger will lead new truck sales through the brand’s National Accounts Sales Channel, working...
Maynards Europe GmbH, is pleased to announce the commencement of a series of sales events featuring the assets from the complete Caterpillar mining equipment factory in Dortmund, Germany. After decades of producing the famous Caterpillar mining machines and vehicles...
Takeuchi-US has recognized Bill Smith of Cobb County Tractor in Marietta, GA as its top-performing dealer salesperson in North America for the year 2020. This marks the fourth time Smith has taken top honors as Takeuchi's Salesperson of the Year after ranking...
Heavy equipment auctioneer Ritchie Bros. supports equipment owners through the COVID-19 crisis with flexible disposition options to improve their cash flow, including advance payment options and purchasing seller assets outright. While many are isolating at home during the coronavirus pandemic,...
The countdown to the end of the financial year has always been a great time for buyers of commercial vehicles to land an attractive deal, as manufacturers look to clear stock holdings. This time around, with the Federal Government offering...
According to a recently published a comprehensive study on excavator market, which opines that the excavator market will witness modest 3.2% volume y-o-y in 2019 over 2018. The study finds that the demand for excavator will improve as the heavy construction...