Wacker Neuson hit hard by pandemic

Wacker Neuson Group_Headquarter_Munich
Wacker Neuson group Headquarters in Munich, Germany

Wacker Neuson has released its financial results for the third quarter of the year, showing a 16.5% fall in revenue, compared with the same period in 2019.

The Munich-headquartered light and compact equipment manufacturer said it was “clearly feeling the effects of Continue reading “Wacker Neuson hit hard by pandemic”

Global construction equipment overview

Construction equipment is a classic cyclical market, prone to sharp swings in demand.

Global equipment sales
Global construction equipment sales by region, units sold

When construction, mining and quarrying activity pick up sales surge, lead times stretch out and manufacturers can struggle to fulfill orders. But when activity slows, sales can fall away sharply Continue reading “Global construction equipment overview”