Tag: heavy equipment sales: Page 11

Dealers

INFOGRAPHIC: Compact track loader sales and buyer trends

December 26, 2016

Dealers

Compact excavator and track loader sales surging as backhoes stagnate

Trends that have been talked about for a couple of years are gaining steam in 2016. “Instead of buying backhoes, we’ve seen a significant shift with contractors choosing to buy compact excavators and skid steers,” one dealer recently told me. “While this means that contractors need two operators instead of one, they’re making up for […]

December 16, 2016

Dealers

INFOGRAPHIC: Trencher sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price services.

November 25, 2016

Dealers

INFOGRAPHIC: Compact excavator sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price services.

November 18, 2016

Dealers

CNH Industrial profit jumps in 3Q despite sales decline

Though the company continues to see sales declines in its agricultural equipment segment, CNH Industrial was able to report increased profit for the third quarter thanks to cost reductions and improved demand in certain markets. The company, which manufactures the Case and New Holland brands of heavy equipment, reported a 1.7-percent sales decline in the […]

November 1, 2016

Dealers

Caterpillar dealer inventories down from 2015 with more “substantial” reductions coming

Aside from lower oil prices and sagging demand for mining equipment around the globe, sales of Caterpillar heavy equipment have also been negatively impacted by lower dealer inventories. In a statement on dealer inventories accompanying its third quarter earnings—which included reduced expectations for fiscal year 2016 sales—the company says dealer inventories in the third quarter of […]

October 27, 2016

Construction Equipment

Caterpillar “more aggressive” on cost reduction cuts than anticipated due to market weakness

Caterpillar says weakness in key end markets has caused the company to be “more aggressive” than anticipated in the cuts it has made and the restructuring actions it has taken in the last 13 months as part of a sweeping cost reduction plan. With sales and revenues expected to be down 17 percent to $39 billion, fiscal 2016 will cap the first series […]

October 26, 2016

Dealers

INFOGRAPHIC: Skid steer sales and buyer trends

August 10, 2016

Dealers

Komatsu profit falls 52% in 1Q on stronger Yen

Komatsu, the world’s second-largest construction equipment maker, reported a down first quarter where profit plummeted 52 percent as sales slumped. Profit fell to 15.5 billion yen ($151 million) while sales fell 13 percent to 389.2 billion yen ($3.8 billion). Construction, mining and utility equipment sales fell 12 percent to 345.1 billion yen ($3.4 billion) while […]

August 8, 2016

Dealers

Sales down, profit up at Terex following 2Q sales of construction, MHPS segments

Along with a report of a 10-percent decrease in net sales for the second quarter, Terex released its 2016 outlook, updated based on its new, more streamlined corporate structure following the sale of two of the company’s equipment segments. Terex announced net sales of $1.3 billion for Q2 and a 44-percent increase in profit to $110 million. […]

August 4, 2016

Dealers

CNH Industrial profit up in 2Q despite sales dip

Despite a 3-percent decline in net sales for the second quarter, CNH Industrial saw profit increase 5 percent largely due to strong performance in the company’s agricultural, commercial vehicle and powertrain segments. CNH, makers of Case and New Holland heavy equipment, reported total revenues of $6.7 billion and a net profit of $129 million. “Our […]

August 2, 2016

Dealers

Volvo CE names Roy president of sales for Americas region

Volvo Construction Equipment has named former Mack Trucks president Stephen Roy its next president of sales for North America and Latin America. Roy, who has been with the Volvo Group since 2007, will take on the new position September 1. He will be based in Shippensburg, Pennsylvania, and report to senior sales vice president Tomas […]

July 29, 2016