Doosan Infracore's Excavator Sales in China Tripled Year-on-Year in February... Ranked No.1 Among Overseas Companies
[Asia Economy Reporter Kim Heung-soon] Doosan Infracore has regained the No. 1 market share among foreign companies in China by selling more than 1,000 excavators.
According to the China Construction Machinery Association on the 12th, Doosan Infracore tentatively sold a total of 1,754 excavators in China last month. This figure is more than three times (264%) the 482 units sold during the same period last year. The cumulative sales for January and February this year also reached 2,561 units, a 200% increase compared to the same period last year.
Doosan Infracore's market share in China rose to 7.1% last month, ranking first among foreign excavator companies operating locally. In the Chinese market, Doosan Infracore has been competing for first and second place in market share among foreign companies with Caterpillar, the world's No. 1 heavy equipment company based in the United States, and this time it has regained the upper hand.
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Previously, Doosan Infracore sold 18,686 excavators in China last year, achieving the highest sales in the past decade. This year, the company aims for 23% growth compared to the previous year by increasing sales of large models and wheel types and strengthening online channels in the Chinese market.
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