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Dealers: Page 10
Market Pulse
Rental Revenues are Up – and Top Execs Predict Continued Growth
United, Sunbelt and Herc report revenue growth – plus, a rosy outlook due to project demand, falling inflation and an impending interest rate drop.
August 20, 2024
Construction Equipment
Ditch Witch Breaks Ground on 100,000-sq.-ft. Expansion in Oklahoma
The expansion will create 100 jobs and represents one of the largest investments in Ditch Witch’s history, the company says.
August 20, 2024
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December 31, 2025
Business
Deere Plans Production Slowdown of Construction Equipment After Sales Drop
Deere has adjusted production schedules on its earthmoving product lines in North America “in response to signs of moderating demand.”
August 19, 2024
Dealers
An Equipment Dealer's Guide to Operating Through Severe Storms
Gathering basic materials for running a store – gasoline, oil and even cash – leading up to the storm is key.
August 16, 2024
Business
Air Compressor Manufacturer Vanair Bought by Lincoln Electric
The company introduced an air compressor that mounted under a work truck's deck in 1972.
August 16, 2024
Dealers
Industry Roundup: Bobcat Finishes Renovation, Rebrand at Former Doosan Facility in Ga.
A $3.26 million renovation at Bobcat’s Buford, Georgia, material-handling facility was recently completed.
August 14, 2024
Business
Caterpillar's Construction Revenue Down 7% in Second Quarter 2024
Construction profit was $1.7 billion, a decrease of $62 million, or 3%.
August 12, 2024
Business
Bobcat CEO Tries to Calm Investors Over Planned Merger with Doosan Robotics
Acknowledging the proposed merger's opposition, CEO Scott Park sought to answer shareholders’ questions in a letter sent August 5.
August 8, 2024
Dealers
Industry Roundup: Hyundai CE to Open “Flagship” Stores in Florida, Texas
The stores are designed to expand the company's North American market share. Plus, dealer news from Kioti, Takeuchi, and Goodyear's sale to Yokohama.
August 7, 2024
Dealers
CNH to Focus on Ag; Construction Business to Become "Fairly Independent"
The company's construction business – under Case and New Holland brands – will be run in a distinct, more autonomous way, new CEO says.
August 6, 2024
Construction Equipment
Sany America Taps Longtime Caterpillar Executive as New CEO
David Nicoll is bringing 25 years of experience at Caterpillar to his new role as CEO of Sany America.
August 5, 2024
Construction Equipment
Briggs & Stratton Appoints New CEO
Kristina Cerniglia was appointed interim CEO earlier this year and now steps into the permanent role.
August 2, 2024
Business
John Deere Begins Laying Off Salaried Employees
Three filings indicate 170 employees have lost their jobs, as the company reports a  20% decline in sales from 2023 to 2024.
July 31, 2024
Construction Equipment
Liebherr to Bring New $176M Logistics Center to Mississippi by 2026
The center will create 180 jobs and serve as the company's warehousing, distribution and export services for North and South America.
July 30, 2024
Business
Bobcat Plans Merger with Doosan Robotics to Advance Autonomous Machines
The goal of the corporate restructure is to capitalize on the growth potential of the “autonomous/automation megatrend,” Doosan says.
July 24, 2024
Business
Volvo Construction Equipment Sales Drop 16% in Second Quarter
Falling customer demand contributed to the decline, the company reports.
July 24, 2024
Construction Equipment
Industry Roundup: Komatsu to Triple Size of Arizona Campus
The multimillion-dollar project will expand the location’s sales and service capacity. Also, dealer news from LiuGong, Wirtgen, Caterpillar.
July 23, 2024
Dealers
How the CDK Hack Hit Equipment Dealer Operations
The cyberattacks downed management systems at equipment and auto dealerships across North America, with some reporting lost business as a result.
July 16, 2024
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Top Stories
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