March 16, 2017
German manufacturers of construction equipment achieved a turnover of €9.3 billion in 2016, a 3% rise compared to 2015.
The increase was despite a global sales dip of 1% and in 2017, German manufacturers again expect another 3% increase in sales.
The German market was a big driver for sales, posting a 20% increase on 2015 to reach around €3 billion, according to the VDMA, the German Engineering Federation.
“In view of this high level, a further growth seems hardly possible, even if our customers co