what is source of rumor/fact?
unless a reputable source is given then this is all rumor
Fred, it's a true fact instead of rumor.
Also heard that Liu Dong is actively looking for forklift partners they can acquire to get them into the US market.
I heard Liu Dong was the Chinese mfg looking to pursue Hyster-Yale.
Would not be surprised if NACCO is looking to sell. The family owners of the company are not getting any younger. HYG does sell a Chinese Mfg truck called Utilev for basic applications. Dealers in the US are larger with smaller dealers being merged or retired. Hyster/Yale dealers have eliminated Hys or Yale from their company name.
anymore news or rumours about this???
It would all depend on who you herd the information from in the first place. Then look at the information like HY profits droping, the need for a sale, larger manufactures getting larger and developing more market share. It would also fit with what we have herd that HY are looking to close Nijmegen
Sorry I wasn't clear. The unconfirmed rumor is that a Chinese manufacturer is looking to acquire HY, not that HY is looking to acquire a Chinese manufacturer?
I'm trying to confirm a rumor not start one
I don't understand. Do you mean there is a rumor that a Chinese manufacturer is looking to purchase HY (Hyster-Yale)?
at a guess it would be true, Hyster / Yale were looking for a sale a couple of years ago but no one came in to buy them, they work with Hangcha and also KION is now Chinese owned so it might be one of these. It won't be Heli, So if this was to be true it will be Hangcha or KION