Wheeled loader market returns to health

Global sales of wheeled loaders in 2018 are expected to reach more than 170,000 units for the first time in five years, according to a new report from specialist consultant and market forecaster Off-Highway Research.

Wheeled loader sales at 2018 OHR
Figures from Off-Highway Research

Demand last year reached163,139 units, a 33% rise on 2016, and these machines had a retail value of US$14.8 billion (€12.73 billion).

Off-Highway Research said the key driver of this growth was a surge in the Continue reading “Wheeled loader market returns to health”

John Deere and Wacker Neuson team up

John Deere is entering into a strategic supplier agreement with Wacker Neuson to initially provide compact excavators in China, Southeast Asia, and Oceania.

John Deere
John Deere has partnered with Wacker Neuson

The models will range from 1.7-7.5 tons (1.5 tonnes-6.8 tonnes) and are specifically designed and manufactured for customers in the growing Asia-Pacific marketplace.

The objective of the partnership is said to be long-term collaboration in key growth markets. Continue reading “John Deere and Wacker Neuson team up”

XCMG launches 700-tonne excavator

Xcmg evcavator 2
The XCMG 700-tonne excavator is said to be the largest one which has been produced by a Chinese company

China-based company XCMG has launched a 700-tonne hydraulic excavator. Said by the company to be China’s largest excavator, the machine has an overall length of 23.5m. Continue reading “XCMG launches 700-tonne excavator”