Kuwait-headquartered rental firm, Integrated Logistics has purchased 24 new Grove all-terrain cranes for use within the petrochemical, oil, and gas industry
sales
Posted inVehicles
Nissan appoints Petromin as Saudi Arabian partner
As Nissan’s latest strategic partner in Saudi Arabia, Petromin will operate car dealerships and workshops for the Japanese automaker across the Kingdom
Posted inAuctions
Ritchie Bros’ Q1 2016 Dubai auction achieves $41m
More than 2,000 items were sold on behalf of over 200 sellers at Ritchie Bros’ Q1 2016 Dubai auction, which achieved sales in excess of $41m
Posted inFINANCE
Terex group revenues fall 10.5% in 2015 to $6.54bn
Terex cranes sales slide 6.7% and port and industrial crane sales fall 18%, with worse to come in 2016
Posted inEQUIPMENT
CNHI heavy equipment sales down 18% in 2015
Case Construction Equipment takes a battering in Latin American and Asian markets but remains profitable
Posted inPMV
UK firm signs record order for 2,000 Scania trucks
Swedish automaker Scania is to supply 2,000 goods vehicles to British transport operator Eddie Stobart
Posted inAppointments
Paul Nutzfahrzeuge hires sales and tech director
Thomas Pfister has been appointed to the newly created position of director of sales and technology at German commercial vehicles manufacturer, Paul Nutzfahrzeuge
Posted inPMV
Deutz Group: H2 2015 will be “significantly worse”
German engine manufacturer expects revenue to decline by 20%, compared with the previously forecasted drop in revenue of 10%
Posted inVehicles
Renault-Nissan sells 250,000th electric vehicle
Renault-Nissan Alliance has sold a quarter of a million electric vehicles globally, with May 2015 sales up 15% on last year
Posted inPMV
Abu Dhabi’s Abu Nasir buys Terex all-terrain crane
UAE-based Abu Nasir General Transport has taken delivery of a Terex AC 100/4L all-terrain crane for use within the oil and gas sector