Dealers

Market Pulse
Kubota Reports Revenue Decline But Hopes New CTLs Will Boost Market Share
Construction equipment revenue for the first six months of the year was down 21%, but the company plans to stem the tide with updated CTLs.
August 13, 2025
Kubota's smallest compact track loader, the SVL50x, was launched in October.
Market Pulse
Caterpillar Construction Equipment Sales Drop 7% in Q2 Amid Higher Tariffs
The company expects new, higher tariffs to cost it $1.3 billion to $1.5 billion in 2025.
August 8, 2025
Despite the decline, Caterpillar expects third-quarter sales and revenue to grow modestly year-over-year.
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August 4, 2025
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Dealers
Industry Roundup: California Komatsu Dealer Abruptly Closes After 2 Years in Business
Gee Heavy Machinery had been a Komatsu distributor since December 2023. Plus, news from Deere, Kioti and Burwell Material Handling.
August 7, 2025
Gee Heavy Machinery's Fremont location, August 2024.
Market Pulse
CNH Industrial Reports More Declines in Construction Net Sales, Profits
Construction net sales in the quarter came in at $773 million, down 13%.
August 5, 2025
The Case CX380E, seen here, is one of the latest releases from CNH's construction division.
Market Pulse
Komatsu Maintains 2025 Outlook Despite Q1 Revenue and Profit Decline
Total revenue in the quarter came in at $6.3 billion, down 5.2% compared to last year.
August 4, 2025
Komatsu still forecasts a 8.8% decline in full year 2025 revenue to just over $26 billion.
Market Pulse
Top Equipment Rental Companies Post Continued Rental Revenue Growth
United Rentals, Sunbelt parent Ashtead Group, and Herc Rentals continue to see a rise in revenue from equipment rentals.
August 1, 2025
United Rentals, Sunbelt parent Ashtead Group and Herc Rentals continue to see a rise in revenue from equipment rentals.
Dealers
Industry Roundup: Deere Dealer Named Next Trimble Tech Outlet
McCoy's Trimble reseller operations will be based in Dubuque, Iowa. Plus, news from Caterpillar, Takeuchi, Manitou and FAE.
July 29, 2025
An APEX Technologies truck in front of a McCoy Construction store.
Business
Volvo CE Reports More Declines in North American Net Sales, Deliveries
North American net sales fell 24.3% to $554 million in the second quarter.
July 23, 2025
Volvo's second-quarter deliveries of construction equipment in North America were down 15%.
Business
Cat’s Engine, Turbine Sales Surpass its Construction Equipment Segment
Energy & Transportation exceeded Construction Industries in revenue in 2023 and has continued to grow into Cat's largest business.
July 22, 2025
Caterpillar CEO Joe Creed, left, tours the company's Large Engine Center in Lafayette, Indiana, which is undergoing a $725 million expansion to meet growing energy demand for the tech industry's AI and cloud computing needs.
Business
Ritchie Bros. Acquires J.M. Wood Auction in $235M Deal
Founded in 1973 and still led by the Wood family, J.M. Wood primarily focuses on commercial construction and transportation assets.
July 22, 2025
J.M. Wood will continue to operate as its own business entity.
Compact Track Loaders
"Send in the The Rook!" – The Crime-Fighting Cat Compact Track Loader (Video)
The modified CTL is equipped with bullet-proof glass and armor and attachments for keeping officers safe and for breaking into buildings.
July 17, 2025
The Rook Armored Critical Incident Vehicle is the creation of Florida Caterpillar dealer Ring Power, and for the past decade, it has been helping law enforcement agencies capture criminals, asssist emergency rescues, even move cars blocking snow-covered roads.
Dealers
Industry Roundup: Bobcat Names its First Chief Marketing Officer
Laura Ness Owens will be the first to take on the new role. Plus, dealer news from BOMAG, Manitou, Gehl, Hy-Brid Lifts.
July 15, 2025
Owens previously served on the board of directors for the Association of Equipment Manufacturers.
Business
Develon North America Appoints New CEO Following Parent Company Merger
Kim has spent the last three years in executive positions at Develon North America.
July 14, 2025
Kim recently led the opening of Develon’s North American Customer Utilization Plant in Savannah, Georgia.
Dealers
Ottmer: Third-Party Repair Services Here to Stay; How Dealers Can Adapt
Dealerships have dominated service and repair for heavy equipment for decades, but independent third-party companies are gaining ground.
July 11, 2025
Dealer Credit Buzbuzzer Getty
Dealers
What the Civil War Taught Me About Equipment Dealer Resilience in 2025
2025 has been unpredictable, and I believe the second half will be just as unstable.
July 8, 2025
Man With Wrench
Dealers
Industry Roundup: Volvo CE Names 2024 Dealer of the Year
Plus, Komatsu takes over dealer's six branches; Fayat plans $14M parts center in NC; North American Equipment Dealers Association names new CEO.
June 30, 2025
Left to right: Agako Nouch, head of sales development, Volvo CE; Andre Parent, vice president, earthmoving division, Wood's CRW; and Chris Palmer, president, Wood’s CRW; Scott Young, head of region North America, Volvo CE.
Business
Yanmar Compact Equipment Appoints New Global CEO
Ryu Kudo will replace Jose Cuadrado who resigned earlier this month.
June 27, 2025
Prior to his time at Yanmar, Kudo spent over 20 years in the construction equipment industry.
Business
LeeBoy Sold to Dynapac, BOMAG Parent Fayat Group
ST Engineering is selling the paving equipment manufacturer based in South Carolina after 19 years.
June 26, 2025
Leeboy 8608 Paver
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