X
Construction Equipment
Trucks and Trailers
Lifting Equipment
Agricultural Equipment
Vehicles
Live Auctions
Doosan Exceeds Cumulative Production Total Of 200,000 Excavators In China
Keywords: Excavators
Tags: Doosan
0 likes
Doosan Infracore has announced that its Chinese subsidiary, DICC (Doosan Infracore China Corporation Co., Ltd.), located in Yantai, China, had produced its 200,000th excavator in the country. The company set this record 26 years after establishing its presence in China back in October 1994.
To mark its momentous achievement, Doosan Infracore China invited employees, dealers and customers to its Yantai plant and held a ceremony to celebrate the production of its 200,000th excavator in China. The event, which was broadcast live online, featured the handover ceremony of the 200,000th excavator to its customer.
Doosan Infracore completed its plant in Yantai, China in 1996, and passed the 5000 mark in cumulative production in 2001 on the back of the rapid growth of the Chinese excavator market. Doosan Infracore emerged as the market leader in 2001, beating the leading Japanese manufacturers of construction equipment dominating the Chinese market at that time. Doosan reached the 10,000 unit record in the middle of the 2000s, while its annual output exceeded 20,000 units in 2010.
Doosan Infracore is the first MNC (Multinational Corporation) operating in China to achieve the impressive cumulative production figure of 200,000 units. The company has steadily strengthened its market position in the Chinese market for MNC excavators, increasing its market share from 12.9% in 2015 to 22.8% in the third quarter of 2020. The Chinese MNC excavator market has positioned itself as a market with a large amount of profitable equipment sales to higher-tier customers.
0 likes
Videos
Bobcat EMEA Launches The New Generation R-Series B730 Backhoe Loader For The Middle East And Africa
Al Qahtani Vehicle & Machinery Showcasing LuiGong Machines In Saudi Arabia
Masaha Global Is Offering The Luxurious & Eagle Eye Shaped Foton Aumark Super Truck
