Hi Herald which bit do you think is rubbish. The points i made are all facts. KION have been talking to Shandong about a sale they have not denied this , Yes KION did lose net 93 Million , yes they did also pay 16 Million for Voltas its all in there annual report. also KION are not selling more trucks than they did last year no one is
Also other manufactures are not going to be able to compete with the new companies that are being formed they will struggle if the don't move there business together , you might see Clark Hyundai and Crown work more together , also cat don't want to be in forklifts they know there business is construction equipment Mitts are just not big enough to compete look what happened to Almar after Briggs changed from CAT it Shut.
Clark have bough Omega to try to get into big trucks again this is not working out as they might like and Heli are to launch a G series truck next year that is very good.
So which point did you think was rubbish. Also our new truck is to be built over the next couple of month its as much like a Linde as any other hydrostatic truck and in fact its only in the last ten years that Linde have moved to fully Hydrostatic for years they have been a semi hydrostatic truck working though a range of gears now they use fixed displacement motors.
Also KION management would prefer a bid from Volkswagen but VAG won't pay the money that Goldman or KKR want or need.
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