Retail sales of construction and earthmoving equipment in the UK market fell by 21.8% in the first quarter of the year compared with the same quarter in 2019. The pattern of monthly sales during Q1 shows that the impact of the Covid-19 crisis in March caused a sharp fall. Equipment …
Read More »3 Ways Manufacturers Can Continue Production During the COVID-19 PANDEMIC
MILWAUKEE (April 13, 2020) – A recent article proclaimed a truth manufacturers in all industry sectors know all too well: You can’t build an airplane working from home. As law offices, financial services firms and tech companies close their doors and require employees to work from home, manufacturers face the …
Read More »Construction Plant Theft soars by an estimated 50% as COVID-19 forces sites to close
During the last fortnight, there has been a marked increase in plant and tool theft from both vehicles and site compounds. The sharp spike in thefts is largely due to construction firms and contractors temporarily scaling down work and shutting job sites due to the Coronavirus pandemic. The CEA (Construction …
Read More »CECE Annual Economic Report 2020
European construction equipment faces Covid-19 crisis from a solid economic position CECE releases Annual Economic Report 2020 and tailor-made video 2019 saw modest market development albeit the expected decline came in 2nd semester In the midst of the Covid-19 crisis, no reliable forecast is possible CECE announces measures against the Covid-19 …
Read More »What Leading Construction Companies are Doing in the Wake of COVID-19
As COVID-19 (coronavirus) brings countless businesses to a grinding halt, the construction industry remains resilient — even in the face of tremendous challenge. Unlike many industries where “working from home” and “drive-thru service” are feasible countermeasures, construction firms have jobsites to run. Chris Hopper, executive vice president and general manager …
Read More »Construction equipment sales fell by 6% in 2019
Retail sales of construction and earthmoving equipment in the UK market fell by 12.3% in the last quarter of 2019, compared with the same quarter in 2018. This continued the trend during last year of quarterly sales declining at increasing rates through the year compared with 2018. This significant fall …
Read More »You’re Already Using AI – Here’s How to Apply it to Your Business
Let’s clear up two things about artificial intelligence (AI) at the start. First, it’s a broad concept, not a specific product, in the same way hydraulics is a broad concept, not a specific product. Yes, both AI and hydraulics are fundamental to countless specific products, but neither is in and …
Read More »Construction equipment manufacturers cautiously optimistic
The members of VDMA Construction Equipment are looking to the future with confidence. Industry representatives expect a slight decline in sales of 3 to 5% this year at an overall stable level. Frankfurt am Main, February 7, 2020 – Once a year, the specialist group meets in January to discuss …
Read More »Niklas Nillroth takes over CECE Presidency
Since January 1st, 2020 Niklas Nillroth is the new President of CECE. He succeeds Enrico Prandini of UNACEA & Komatsu. The CECE presidency is a rotating post held for two consecutive years by each of the associations representing their member nations. Niklas Nillroth chairs the Swedish Construction Equipment Association SACE …
Read More »Construction equipment sales on a downward trend in 2019
Retail sales of construction and earthmoving equipment in the UK market fell by 7.4% in the third quarter of the year, compared with the same quarter in 2018. This follows falls of 1.2% in Q1, and 5.4% in Q2, resulting in sales in the first nine months of the year …
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