Hi Bubman yes i would agree with your points MCFA do seem to be doing well in the US with a very strong dealer network. The point i was looking to raise mainly is in Asia in the construction machinery business. Cat chairman has said publically that the performance of Cat construction equipment has to improve at the moment Cat are the global number one and if they are to stay that way they have to compete more in Asia. In India cat was out sold by JCB , and with the chines manufactures doing well in asia and middle east cat will have to look at these markets. As MCFA work with Nissan on engine and other product development can you see MCFA joining the Nissan TCM new company bringing in Junghienrich. By doing this they could have a better chance of keeping up with the new power houses that are being formed in the market. The new KION company will with in a couple of years be supplying hydrostatic transmisions to the rest of the chines manufactures. NACCO work with HC and Briggs will be another major force. Linde like have been pointed out don't do very well out side Europe around 75% of linde sales are in Europe , again Junghienrich majority of sales are in europe they are trying to improve their us sales with the tie up with MCFA Like you have pointed out in the US there are only four main manufactures in the smaller trucks and three if you were to include Taylor in the larger trucks.
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