Tag: Economics
According to Interact Analysis' latest off-highway powertrain report, the sector is undergoing rapid transformation, but significant hurdles remain. While the off-highway powertrain market is advancing towards electrification and it remains a long-term priority for the sector, diesel will continue...
Volvo CE has released its Q3 2024 financial results: lower volumes in Europe and North America for this quarter, compared to the very high levels of last year, have caused a drop in Volvo CE's overall net sales. However,...
VDMA, the association that represents the machinery and equipment manufacturing industry in Germany and Europe, believes it is crucial for the EU and U.S. to finally reach an agreement that reduces existing conformity assessment barriers for machinery products before...
Volvo Construction Equipment has achieved a steady rise in sales across both the last quarter and the full year, 2022 – securing good profitability while accelerating in the sustainable industry transformation.
All global markets have enjoyed an increase in machine...
Sandvik has signed a EUR 500 million loan agreement with the European Investment Bank (EIB). The loan will support Sandvik’s investments in research and development (R&D), which include advanced solutions in component manufacturing as well as solutions for electrification...
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...
Western Global, a provider of portable tanks and dispensing equipment for the storage and handling of fuels, lubricants, and other fluids, announces the addition of Don Melochick as a National Account Manager. Melochick focuses on growing the government market...
U.S. farm tractor unit sales continue double-digit growth rate in both U.S. and Canada, and inventories continue to fall, after a strong month of April according to the latest data from the Association of Equipment Manufacturers (AEM).
U.S. total farm...
Hundreds of XCMG Gold lined up along the coast to be delivered in fleet to countries along the Belt and Road.
The exports involving multiple categories including excavators, graders, and cranes will sell overseas along the Maritime Silk Road, demonstrating...
Irish rental company Drogheda Hire & Sales have taken delivery of the first Sinoboom 1330SE micro scissor models sold in the Republic of Ireland.
The Sinoboom 1330SE micro scissor combines a 5.8m working height and a spacious 1.34m long deck,...