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

  • Auction strength
    April 4, 2014
    Positive news comes from equipment auction specialists Ritchie Bros and IronPlanet. Ritchie Bros reports strong performance for its online construction machinery marketplace, EquipmentOne, in the first year since the service was set up. The service was initially launched in early 2013 and had a full commercial launch in April. The Marketplace already has hundreds of thousands of qualified members around the world. Sellers can make their own listings or work with Ritchie Bros to create listings including equ
    Read More
  • Denmark lags the rest of Europe in the sales of electric car
    January 10, 2018
    Denmark is seeing sluggish sales of electric cars while consumers in other European countries are getting more than ever plugged in. Sales of electric cars in Denmark continue to decline despite a cut last year in the registration fee for buyers. Nearly 650 units were sold last year, compared to 966 for 2016, according to government figures. It costs 20% less to register an electric vehicle than a petrol-powered or diesel one. Meanwhile, in Germany, Romania and Portugal, sales continue to rise. At the
    Read More
  • 50th anniversary celebration for Komatsu’s Italian facility
    January 21, 2014
    Komatsu’s utility equipment operation in Italy recently held its 50th anniversary celebration, as well as highlighting new product developments. The current plant was established by the Italian firm FAI in the town of Este around 30 years ago, close to the city of Venice. When rules on importation of machine into Europe were established in the late 1980s, Komatsu discussed a partnership with FAI. This was established in 1988, later buying out the majority share in the plant held the Italian founder in the e
    Read More
  • 20% more visitors flock to CTT 2012/Conexpo Russia
    June 6, 2012
    Huge commercial opportunities for major construction equipment manufacturers sparked by large investment in new and existing Russian transport infrastructure attracted 20% more visitors and 15% more exhibitors to CTT 2012/CONEXPO Russia. Major global brands such as JCB, John Deere, Volvo Construction Equipment (CE), Komatsu, Liebherr, and Wirtgen were among the 911 construction equipment companies from 28 countries present for the five-day event covering more than 124,000m² at the IEC Crocus Expo in Moscow
    Read More

Highlighted Content