Tag: equipment sales: Page 14

Dealers

Plunging yen has boosted Komatsu sales; Caterpillar dealers report “aggressive” pricing

With profit and sales declines in full effect for competitors Caterpillar, John Deere and CNH Industrial, Komatsu earnings reports been the lone bright spot among construction equipment manufacturers. Even Terex, which finished the year with a 27 percent profit increase, is expecting a more challenging 2015 with sales declines. Komatsu sales increased 6.4 percent year-over-year […]

March 12, 2015

Construction Equipment

FLEET PROFILE: The most popular heavy equipment and brands among a sample of excavating contractors in the last 5 years

We were also interested in how a contractor’s buy list might change as he increased in size. For example, what would be the top three types of equipment for a contractor with annual sales of less than $5 million, compared to one with sales of more than $16 million? For this study, we looked at […]

March 2, 2015

Business

John Deere 1Q profit plummets 43% as ag slowdown continues; further declines expected

In recent years, as the effects of the recession were hammering the construction industry and the profit margins of heavy equipment manufacturers, John Deere posted 15 straight quarters of record earnings on the strength of its farm equipment sales. And now, as construction is fighting its way back, a global slowdown in the agricultural sector […]

February 22, 2015

Construction Equipment

Ritchie Bros. breaks more sales records at annual Orlando auction

Ritchie Bros. Auctioneers announced that its big Orlando auction has once again broken records. During the five-day unreserved public auction last week, the company sold more than 10,500 pieces of equipment and trucks, generating more than $179 million. Of that total, a record-breaking $66 million was generated from online buyers. The totals reflect 8-percent growth […]

February 22, 2015

Business

Terex finishes 2014 with a 27% profit increase but expects sales declines in 2015

Terex has released its fourth quarter and full-year earnings report and despite consecutive down quarters to finish the year, the heavy equipment manufacturer saw overall gains in both profit and sales during 2014. Sales were up 3 percent in 2014 to $7.3 billion thanks to increases in every segment except cranes. The figure met the […]

February 18, 2015

Dealers

Quick Data: New and used excavator sales for February 2015

February 10, 2015

Business

Volvo CE profit plummets 157% to 4Q loss; big gains in North America keep full-year sales afloat

Thanks to increased demand in North America and Europe, Volvo Construction Equipment largely weathered a rough fourth quarter to keep its full-year 2014 earnings from falling too far. However, the company expects it will have to work hard in 2015 to optimize costs for challenging market conditions in most regions. The heavy equipment manufacturer saw […]

February 9, 2015

Construction Equipment

New financed construction equipment sales rise 16% in October, up 13 % year-over-year

The number of financed new units of construction equipment sold or leased in October increased by 16 percent compared with September, according to Equipment Data Associates, which tracks financed construction equipment activity. In October, 8,503 new machines were sold, compared to 7,094 in September. New financed sales rose 13 percent compared with October 2013. Used […]

December 1, 2014

Business

John Deere makes huge gains in construction equipment sales during 2014, but ag slowdown brings full-year profit down 11%

After smashing earnings records in 2013, three straight down quarters due to a global farming slowdown resulted in an unfavorable fiscal 2014 for John Deere, and the company expects things to only get worse in 2015. The company announced a profit decrease of 11 percent to $3.162 billion during fiscal year 2014, which ended October […]

December 1, 2014

Business

Despite slight dip in profit during first 6 months, Komatsu revises full-year forecast upward on “brisk” equipment sales

Sales and operating income at Komatsu are up during the first six months of the company’s fiscal year, but the increases weren’t enough to stave off a slight dip in profit. The Japanese heavy equipment manufacturer reported sales of $8.3 billion (942.5 billion Japanese Yen), during the first half of fiscal year 2o14, which ends […]

November 3, 2014

Dealers

Quick Data: New and used grader sales for November 2014

November 1, 2014

Roadbuilding

New construction equipment sales up 11 percent in August, used sales down

Compared to one year ago, the number of new financed construction equipment units sold rose 11 percent this August, according to Equipment Data Associates figures. Used financed construction equipment sales on the other hand, continued their lackluster performance, with 3 percent fewer units sold this August than in August 2013. Year to date through August, […]

October 8, 2014