Cat Financial profit up 41% on higher financing rates
Cat Financial, the equipment financing arm of Caterpillar, reported a 2023 profit of $563 million, up 5% from 2022, spurred...
Read moreCat Financial, the equipment financing arm of Caterpillar, reported a 2023 profit of $563 million, up 5% from 2022, spurred...
Read moreStrong sales of mining trucks and public works equipment in North America pushed Hitachi Construction Machinery’s fiscal third-quarter 2023 net...
Read moreJapanese OEM Komatsu’s retail finance originations increased during the first nine months of the company’s fiscal 2023 due to favorable...
Read moreSwedish equipment manufacturer Volvo Group’s truck orders increased in the fourth quarter and for the full year as the manufacturer...
Read moreConstruction equipment auction activity remains stable as demand for equipment shows strength despite a growing supply glut. Demand, inventories and...
Read moreA market downturn and a potential rise in repossession orders for skid steers could indicate looming problems for the equipment...
Read moreVolvo Construction Equipment is set to sell its global ABG paver business to Swiss mechanical engineering company Ammann Group. The...
Read moreDemand for construction equipment softened in November as auctions, dealers and OEMs continued to manage excess inventory. Growing inventories amid...
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