Chinese debuts in latest world ranking list

News Story
- 10 Jan 2008 ( #342 ) - ESSLINGEN, Germany
1 min read
Another Chinese manufacturer has made it to dhf-intralogistik's annual world ranking list of powered industrial truck manufacturers, which has grown from 38 to 40 companies.

Baoli debuted on the latest annual ranking list at number 31 while German companies Magaziner and Miag appeared in 37th and 38th places. All three were not in last year's list.

Toyota led the list with EUR4,843 million (USD7,088 million) in truck sales for 2006/07, a 16.6% jump from the previous year. Kion Group followed with EUR4,020 million (USD5,895 million) in sales, 15.3% more than the year before.

The succeeding companies made sales below EUR2,000 million (USD2,933 million).

Nacco Industries Inc, which owns the Yale, Hyster, Shinko and Sumitomo brands sold EUR1,898 million (USD2,783 million) of forklifts, 1.8% more than the previous year.

Jungheinrich raked in EUR1,582 million (USD2,320 million) in truck sales, 5.7% higher than last year.

All the companies in the list saw their sales grow from the year before except for DanTruck-Heden. The Danish manufacturer's sales dropped 5.3% from DKK300 million to DKK284million for 2006/07.

Chinese manufacturers Heli and Hangcha enjoyed the biggest growth in powered industrial truck sales. Sales for Heli grew 32.6% from EUR184 million (USD270 million) to EUR244 million (USD358 million) while Hangzhou's truck sales jumped 34.3% from EUR134 million (USD197 million) to EUR180 million (USD264 million).

To qualify for the list, forklift manufacturers must sell a minimum of EUR10.2 million (USD15.0 million) of powered industrial trucks. Baoli sold EUR21 million (USD30.8 million) of trucks in 2006/07, Magaziner, EUR14 million (USD20.5 million) and Miag, EUR13 million (USD19.1 million).

Click here to view the 2006/07 ranking list.
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