Successful sale

Euro Auction continues its record sales with the highest ever hammer price for a sale at its German facility in Dormagen.
March 1, 2012 Read time: 1 min
214 Euro Auctions continues its record sales with the highest ever hammer price for a sale at its German facility in Dormagen. The event was run on the 15th and 16th September sale and shows a continued gain in interest in Germany for used equipment, with registrations continuing to increase sale on sale by approximately 15%. The firm says that around 30% of the lots sold will remain in Germany, although buyers from 44 countries participated in the sale from as far afield as South Africa, Syria, Yemen, Israel, Afghanistan, Indonesia and Australia. German buyers bought more items than any other country and first time registrations from buyers were highest from Germany, while most sellers were also from Germany. More buyers were resisted from Germany and of all first time registered buyers that bought at this sale, the highest number were German. The registered bidders included an ever growing number of dealer representatives, with most from Germany. Online sales were strong with over 29% of buyers purchasing online, with internet bidders targeting excavators weighing over 20tonnes, wheeled excavators, telehandlers, mini excavators and backhoe loaders. The top online buying countries were: Germany, Netherlands, Belgium, United Kingdom and Poland.
Finance & Funding

For more information on companies in this article

Related Content

  • Ritchie Bros planning major equipment auction in US
    August 2, 2012
    Equipment auction specialist Ritchie Bros is planning a huge sale of used equipment in the US state of North Carolina in September 2012. This unreserved sale of equipment includes no less than 60 Caterpillar D11 bulldozers as well as 20 other bulldozers. Also up for auction are over 30 large wheeled loaders and over 35 Caterpillar 777 trucks, as well as graders and other items of machinery. This particular sale is of note as the 60 D11 bulldozers are more than the firm has sold of this model over the last f
    Read More
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
    Read More
  • Ritchie Bros’ unreserved Romanian auction planned
    August 15, 2014
    Strong sales are expected at the Ritchie Bros unreserved auction in Romania. In excess of 700 items of heavy equipment or trucks are being put up the sale. The auction event will be carried out close to Cluj-Napoca on September 9th and the items on sale include a large quantity of dump trucks, wheeled loaders, bulldozers, compactors and graders. This event will be the company’s first-ever auction in Romania. The items are being sold on behalf of a large contractor and all units on sale will be sold to the h
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More

Highlighted Content