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I don't buy it. Hyster dealers have been lazy, expecting their customers to roll over and buy a Hyster just because of the brand name. Yale dealers actively go after the Toyota's and Cat's of the world.

Fortis comes out, it's a truck that is priced higher than the old XM series, you have to sell value. Hyster dealers were not ready to aggressively sell and demo the truck and as a result lost share. If you sell the Fortis to the old Hyster customers (who never had a problem with the older XMs), you really have to have your act together because the Fortis costs more than the XM.

And General Motors took very few trucks in 2005 and 2006 leading to lower share for Hyster.
  • Posted 26 Oct 2006 23:35
  • By FLdude
  • joined 24 Jun'06 - 19 messages
  • Michigan, United States

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UN Forklift FD30T-NJM1
HANGZHOU, Zhejiang, China
New - Sale
SMV (Konecranes) 20-1200B
Balling, Denmark
Used - Sale
Global Industry News
edition #1251 - 9 October 2025
In this week’s Forkliftaction News , hydrogen power is a theme as we report on the US marking its 10th annual National Hydrogen and Fuel Cell Day, an initiative to promote the benefits of the clean energy source... Continue reading
Fact of the week
Brothers Adolf ("Adi") and Rudolf ("Rudi") Dassler split their shoe company after WWII due to a bitter feud, and established the rival companies of Adidas and Puma. Their personal animosity and business rivalry divided their German hometown Herzogenaurach. The town became known as "the town of bent necks" due to the intense loyalty to each brand.