A 41% Q1 plunge in nationwide excavator sales is taking a toll on Sany Heavy Industry - China's...
A 41% Q1 plunge in nationwide excavator sales is taking a toll on Sany Heavy Industry - China's largest maker of the equipment - even as it takes market share from the likes of CAT. The company's VP warns the sluggish construction market may force the firm to cut its sales target (+41% Y/Y).
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