**Exclusive** Daewoo ends year on a high

News Story
- 22 Dec 2004 ( #189 ) - SEOUL, Korea, Republic Of
1 min read
Daewoo's factory shipments to the global market have increased by 15 per cent from 15,500 units to 17,500 units this year.

In the South Korean market, the company managed to maintain more than 50 per cent market share and achieved sales of more than 5,000 forklifts. This was a slight decrease from last year, blamed on a market slow-down.

Sales in overseas markets totalled 12,500 forklifts, a 25 per cent increase from last year.

Daewoo, in a statement to Forkliftaction.com News, said it had increased sales in the USA and western Europe by 10 to 20 per cent. The company also reported major improvements in the emerging markets of Russia, the Middle East and China.

"We have set up a new production base in China in this year and it has already produced and sold 1500 units. We also have had successful cooperation with Crown, selling over 1,200 units in Oceania," the company said.

Daewoo is targeting a 14 per cent increase in sales next year, with 5500 units sold in the South Korean market and 14,500 units in overseas markets.

It also planned to introduce "completely new electric models" next year.

"We are sure that the new electric models will be interesting to customers who favour electric trucks and are sensitive about environmental-friendliness," the company said.

Forkliftaction.com News will publish a special end-of-year report, including commentary from world leaders in the forklift and materials handling equipment market, on January 1.
ALAN launches Hawaii bushfire response
ALAN launches Hawaii bushfire response 17 Aug 2023 - Maui, HI, United States - 3 min read
KION commits to Science Based Targets initiative
KION commits to Science Based Targets initiative 13 Jul 2023 - Frankfurt, Germany - 2 min read
Doosan Bobcat announces global brand strategy
Doosan Bobcat announces global brand strategy 16 Mar 2023 - Seoul, Korea, Republic Of - 1 min read
Previously about:
BSLBatt launches new lithium-ion pallet jack battery News Story - 9 Nov 2023 - Huizhou, China - 1 min read
Crown puts parts online News Story - 12 Nov 2020 - New Bremen, OH, United States - 1 min read
IFOY Award 2020 winners named News Story - 16 Jul 2020 - Munich, Germany - 1 min read
Doosan dealer yields to economics News Story - 26 Mar 2009 - Rome, GA, United States - 1 min read
Daewoo founder gets 10 years News Story - 1 Jun 2006 - SEOUL, Korea, Republic Of - 1 min read
Texan companies join forces News Story - 22 Dec 2005 - WACO, TX, United States - 2 min read
Do you have materials handling news? Submit your news here
Inside The News
Hydrogen fuel cells are in the news again this week, with an unnamed American car maker choosing the fuel source to run the materials handling fleet at a new manufacturing plant... Continue reading

PREMIUM business

VETTER Forks, Inc.
The world's most comprehensive product range as well as the most intelligent sensor fork for more safety and efficiency.

Seeking Ambitious Dealers Globally. Your chance to join a leading heavy machinery brand. Exclusive territories await!

Exclusive Territories Available. Join SOCMA's leading innovation in heavy machinery. 

Partner for success. Enjoy comprehensive support and impressive profit potential.

Contact us now - +86 153 050 495 72 - www.socma-forklift.com 

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager - Resonac Asia Pacific Pte Ltd.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Seeking Ambitious Dealers Globally. Your chance to join a leading heavy machinery brand. Exclusive territories await!

Exclusive Territories Available. Join SOCMA's leading innovation in heavy machinery. 

Partner for success. Enjoy comprehensive support and impressive profit potential.

Contact us now - +86 153 050 495 72 - www.socma-forklift.com 

Inside The News
Hydrogen fuel cells are in the news again this week, with an unnamed American car maker choosing the fuel source to run the materials handling fleet at a new manufacturing plant... Continue reading

PREMIUM business

VETTER Forks, Inc.
The world's most comprehensive product range as well as the most intelligent sensor fork for more safety and efficiency.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Inside The News
Hydrogen fuel cells are in the news again this week, with an unnamed American car maker choosing the fuel source to run the materials handling fleet at a new manufacturing plant... Continue reading

Showcased in the Virtual Expo

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

MTC Forklifts b.v. is an international wholesale company specialised in buying & selling forklifts, port equipment & aerial platforms. We deliver worldwide from our yard in the Netherlands. Check these specials:

2017 Combilift ESL2575 | 2012 Hubtex S50D
2014 JCB 930-4 | 2013 Hyster H18XM-12
2015 Genie GS1932 | 2015 Doosan BR16JW-7
2013 Caterpillar NSR12N | 2011 Nissan PLL180 

CONTACT US!   View our full stock of used machines.