XCMG is increasing its presence in the North American market, emphasised by the fact that the machines on its stand at Conexpo 2014 are already sold. Yansong Wang is vice president and chairman for XCMG and said, “All the machines have been ordered by customers.”
The nine machines included three excavators, a soil compactor, a wheeled loader and various cranes. The units meet North American Tier 4 emissions requirements and Wang said, “All the machines are powered by Cummins diesels. The machines are simil
Caterpillar has introduced the new line of K Series motor graders consisting of four models, the 120K, 12K, 140K and 160K, to replace the H Series standard version. The company says that the H Series has been the industry standard in a variety of heavy construction, mining, road building and governmental applications, and the K Series "continues this tradition, building on the strong H Series legacy and incorporating a variety of critical customer requirements and sustainability enhancements." The new serie
A slow but steady recovery in machine sales worldwide is likely in the next few years, with India being one of the key growth markets for the future. However, this comes after the construction equipment sector has seen significant downturns as well as other major changes worldwide in the last few years, according to David Phillips, managing director of Off Highway Research. He said, “The industry structure has really changed.”
Global sales of construction machines were worth around US$93 billion in 2014
