A 41% Q1 plunge in nationwide excavator sales is taking a toll on Sany Heavy Industry - China's...

|By:, SA News Editor

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).