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

  • Chinese manufacturers LiuGong and XCMG in Europe
    October 16, 2012
    Both LiuGong and XCMG are increasing their manufacturing operations, with a focus on Europe - Guy Woodford reports The near 4,000m² site is situated about 35km from Amsterdam and is said to have convenient access to European cities via air, sea and highway. The European headquarters will serve as the Chinese firm’s sales hub, technical support base and spare parts distribution centre for existing and potential customers. “This new office will strengthen our presence as a top construction equipment manufactu
    Read More
  • Intermat show looks strong
    May 9, 2012
    Forward bookings for the upcoming Intermat construction equipment exhibition in French capital Paris are extremely bullish. The organisers say that the show already has a 90% occupancy rate for its exhibition space, a full eight months before the 2012 event, which runs from 16h April to 21st April. The Intermat 2012 event will feature 375,000m2 of exhibition area, including a 20,000m2 outdoor demonstration area. In all 1,500 exhibitors have booked, 67% of whom are international and there will be four nation
    Read More
  • Plans in hand for bauma 2016 exhibition, with positive market outlook
    May 18, 2015
    The organisers of the bauma exhibition in Germany predict a positive future for the construction market in 2016. Large increases are expected in the North American market while there are also pPositive trends in the Near and Middle East. Last year North America and Europe were the most dynamic construction machinery markets in the world according to data from the bauma organisers. Some market experts believe that this trend could continue in 2015. This is one of the reasons why the market in construction
    Read More
  • Doosan Infracore exceeds 200,000 excavators produced in China
    February 10, 2021
    Doosan Infracore has surpassed the 200,000-mark in the cumulative production of excavators in China, a first among all foreign companies operating in China.
    Read More

Highlighted Content