Registrations of 50 horsepower and over tractors in the UK were up by almost six percent in the first half of 2023 compared to 2022 says Profi. Details of the 6,777 machines put into service revealed some interesting trends, including impressive growth in the over 160 horsepower segment and a decline in smaller tractor registrations.
According to Profi magazine, however, these results may represent the impact of recent supply chain disruptions making the larger tractors more available rather than a fundamental shift in market preferences.
Regional differences also were reflected in the numbers with much of the growth located in the south and east of England. The Home Counties were up 20 percent, but only saw 378 new tractors registered. That compares to 1,042 registered in the south west, 977 in the east and 793 in Scotland.
Northern Ireland, Wales and north west England all reported lower registrations than their 2022 totals.
A recent article in Compact Equipment magazine explored the difference and offered some guidelines for selecting the best balance for various applications.
Read moreThe Construction Index reports that April marked the third consecutive month of construction output growth in Great Britain according to the Office for National Statistics.
Read moreAccording to a recent Construction Briefing article, the Hamburg Commercial Bank Purchasing Managers’ Index declined to 45.6 in May from April’s 46.0, with any score under 50 representing a decline in activity.
Read moreA recent article in Compact Equipment magazine explored the difference and offered some guidelines for selecting the best balance for various applications.
Read moreIn an article in Construction Briefing magazine, Ace Construction Equipment (ACE) executive director, Sorab Agarwal, cited India’s 6.5 percent annual GDP growth rate and expanding domestic and international markets for the company’s success.
Read moreRental attachments are an often-overlooked profit builder, and smart management is the key to a better return on your investment. A recent article in Pro Contractor Rentals magazine offered four suggestions for running a smarter rental yard.
Read moreExecutives at major North American lift manufacturers anticipate product demand to soften moderately in 2025.
Read moreThe event will allow industry experts to share insights on a range of issues, OEM trends and current and emerging technologies.
Read more
