75% of construction dealers expect higher new equipment prices in Q4
Construction equipment dealers are anticipating price hikes on new machines in the fourth quarter as OEM incentive programs scale back, ...
Tag: OEM
LGMG leaning on independents amid North American relaunch
LGMG North America relaunched with a renewed focus on service, customer trust and long-term growth in the rental and construction ...
Mahindra selling Sampo Rosenlew to Turkish investment firm
Mahindra and Mahindra, the world’s largest tractor manufacturer by volume, has agreed to sell its entire stake in farm equipment ...
Compact equipment market surges as lot sizes shrink
Construction equipment dealers are seeing a surge in compact machinery demand as residential lot sizes shrink across the United States. ...
John Deere lays off 141 workers at 2 Iowa facilities
John Deere is laying off 141 workers at Iowa facilities amid sluggish farm equipment sales and a restructuring of its ...
Komatsu partners with Applied Intuition, bets on autonomous mining growth
Japan’s Komatsu Ltd. and technology startup Applied Intuition Inc. have teamed up to accelerate the development of autonomous mining vehicles, ...
Alamo Group’s Hureau takes helm
Major players in equipment finance, manufacturing and marketplace industries appointed new leaders in August as several executives retired. Hureau takes ...
Raimondi Cranes acquires several Terex divisions
Raimondi Cranes announced a definitive agreement to acquire Terex Tower Cranes, Terex Self-Erecting Cranes, Terex Rough Terrain Cranes and the ...
