Dealers

Market Pulse
Top Equipment Rental Companies Post Continued Rental Revenue Growth
United Rentals, Sunbelt parent Ashtead Group, and Herc Rentals continue to see a rise in revenue from equipment rentals.
August 1, 2025
United Rentals, Sunbelt parent Ashtead Group and Herc Rentals continue to see a rise in revenue from equipment rentals.
Dealers
Industry Roundup: Deere Dealer Named Next Trimble Tech Outlet
McCoy's Trimble reseller operations will be based in Dubuque, Iowa. Plus, news from Caterpillar, Takeuchi, Manitou and FAE.
July 29, 2025
An APEX Technologies truck in front of a McCoy Construction store.
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June 27, 2025
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Business
Volvo CE Reports More Declines in North American Net Sales, Deliveries
North American net sales fell 24.3% to $554 million in the second quarter.
July 23, 2025
Volvo's second-quarter deliveries of construction equipment in North America were down 15%.
Business
Cat’s Engine, Turbine Sales Surpass its Construction Equipment Segment
Energy & Transportation exceeded Construction Industries in revenue in 2023 and has continued to grow into Cat's largest business.
July 22, 2025
Caterpillar CEO Joe Creed, left, tours the company's Large Engine Center in Lafayette, Indiana, which is undergoing a $725 million expansion to meet growing energy demand for the tech industry's AI and cloud computing needs.
Business
Ritchie Bros. Acquires J.M. Wood Auction in $235M Deal
Founded in 1973 and still led by the Wood family, J.M. Wood primarily focuses on commercial construction and transportation assets.
July 22, 2025
J.M. Wood will continue to operate as its own business entity.
Compact Track Loaders
"Send in the The Rook!" – The Crime-Fighting Cat Compact Track Loader (Video)
The modified CTL is equipped with bullet-proof glass and armor and attachments for keeping officers safe and for breaking into buildings.
July 17, 2025
The Rook Armored Critical Incident Vehicle is the creation of Florida Caterpillar dealer Ring Power, and for the past decade, it has been helping law enforcement agencies capture criminals, asssist emergency rescues, even move cars blocking snow-covered roads.
Dealers
Industry Roundup: Bobcat Names its First Chief Marketing Officer
Laura Ness Owens will be the first to take on the new role. Plus, dealer news from BOMAG, Manitou, Gehl, Hy-Brid Lifts.
July 15, 2025
Owens previously served on the board of directors for the Association of Equipment Manufacturers.
Business
Develon North America Appoints New CEO Following Parent Company Merger
Kim has spent the last three years in executive positions at Develon North America.
July 14, 2025
Kim recently led the opening of Develon’s North American Customer Utilization Plant in Savannah, Georgia.
Dealers
Ottmer: Third-Party Repair Services Here to Stay; How Dealers Can Adapt
Dealerships have dominated service and repair for heavy equipment for decades, but independent third-party companies are gaining ground.
July 11, 2025
Dealer Credit Buzbuzzer Getty
Dealers
What the Civil War Taught Me About Equipment Dealer Resilience in 2025
2025 has been unpredictable, and I believe the second half will be just as unstable.
July 8, 2025
Man With Wrench
Dealers
Industry Roundup: Volvo CE Names 2024 Dealer of the Year
Plus, Komatsu takes over dealer's six branches; Fayat plans $14M parts center in NC; North American Equipment Dealers Association names new CEO.
June 30, 2025
Left to right: Agako Nouch, head of sales development, Volvo CE; Andre Parent, vice president, earthmoving division, Wood's CRW; and Chris Palmer, president, Wood’s CRW; Scott Young, head of region North America, Volvo CE.
Business
Yanmar Compact Equipment Appoints New Global CEO
Ryu Kudo will replace Jose Cuadrado who resigned earlier this month.
June 27, 2025
Prior to his time at Yanmar, Kudo spent over 20 years in the construction equipment industry.
Business
LeeBoy Sold to Dynapac, BOMAG Parent Fayat Group
ST Engineering is selling the paving equipment manufacturer based in South Carolina after 19 years.
June 26, 2025
Leeboy 8608 Paver
Business
Kubota Tractor Names New President to Replace Stucke Who is Headed to Japan
Todd Stucke will focus on global business operations, while Alex Woods will rise to president.
June 25, 2025
Todd Stucke will begin his new roles in Japan on July 1.
Business
Volvo CE to Sell China-Based SDLG Nearly 20 Years After Purchase
After Volvo acquired SDLG in 2006, the brand expanded globally, and entered the North American market in 2013.
June 24, 2025
An SDLG compact excavator displayed at the 2025 ARA Show in Las Vegas. Volvo CE is selling its 70% stake in the company it acquired in 2006 to minority owner Lingong Group.
Business
Yanmar CE NA President Charts Bold Vision for Growth – And it Starts in the Field
With a full line of compact equipment and a new customer-centric strategy, Sgro expects North America to contribute 38% of Yanmar CE’s global sales and $2 billion in revenue by 2030.
June 20, 2025
Anna Christine Sgro, president of Yanmar Compact Equipment North America, addresses the media during a private event at the company's Evo Center in Acworth, Georgia.
Dealers
Industry Roundup: Fayat Group Completes Acquisition of Mecalac
The deal will leave Mecalac to operate autonomously. Plus, news from VitalEdge, BOMAG and IronConnect.
June 16, 2025
Mecalac, which was founded in France in 1974, manufactures a full line of excavators, loaders, backhoe loaders, site dumpers and compactors.
Dealers
Industry Roundup: Herc Rentals Completes H&E Rentals Acquisition
The combined companies now have over 600 locations with a fleet original equipment cost of around $10 billion.
June 11, 2025
The proposal from Herc Rentals offered $105 per share versus the $92 per share United Rentals had originally offered.
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