If you were to look at KION figures 54% of turnover comes from tuck sales , 4% from hydraulic sales and 42% from services this 42 % is broken down into 24% after sales 10% rental 5% used truck sales 3% other. this would give the rental side of the business a 400 million euro turnover and a 200 million euro turnover on used trucks. Kion in this aim mainly would deal in Europe so the rental fleet will play a big part in Kion sales. if it accounted for half the new truck sales then the hole business of rental would account for just under 2 billion euro worth of sales. When you look at these figure's you can understand why kion companies push rental in there largest market Europe.
It won't be long before they start to do the Same in North America with linde talking part ownership of there dealers like in Europe. They will push the idea as many companies are now global and will see the benefit of off balance sheet finance and as finance gets harder to get in certain areas of Europe companies like Kion will look to expand in other markets with there rental packages.
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