MUNICH (Apr. 3, 2019) — John Deere will be exhibiting a selection of its construction equipment – including motor graders that will be sold via the Wirtgen Group’s German sales and service companies and via the French sales and service company Wirtgen France SAS – at Bauma from April 8-14, 2019. A total of 14 John Deere machines will be on display for the first time at the Wirtgen Group booth. John Deere acquired the Wirtgen Group in December 2017.
Terex Corporation has agreed to sell its Demag mobile cranes business to Tadano for approximately US$215 million.
The deal, which is subject to regulatory approvals, covers all terrain cranes and large crawler cranes and includes the factory in Zweibrücken, Germany, as well as multiple sales and service locations. The sale is targeted to close in mid-2019. Continue reading “Terex sells Demag to Tadano”
Terex Trucks has set its sights on growth in the German market. With Germany heavily investing in its infrastructure and its predicted future growth, Terex Trucks is keen to sign more dealers to its existing business model.
The company already has three German dealers, but it said the planned investment of €269.6 billion on German transport infrastructure had created an opportunity for a manufacturer like Terex Trucks to deliver the goods. Continue reading “Terex Trucks targets Germany”
John Deere construction equipment will be available in Europe for the first time in many years with the US-based company introducing two G-Series motor graders to the European market via the Wirtgen Group distribution network in Germany and France.
The 622GP and 672GP will be available in these two countries from early this year.
The European wheeled loader market is relatively buoyant, according to specialist market research and forecasting company Off-Highway Research, with sales of machines over 60kW currently running at just above 10,000 units per year in Western Europe – the best demand has been since the global financial crisis a decade ago.
This puts the value of the market at some US$2.15 billion (€1.9 billion).
Within Europe, the major markets are largely what one would expect – Germany accounts for some 25% of demand and, together with France, Italy and the UK, these big four represent about 60% of regional sales. Continue reading “Wheeled loaders: A healthy load”