The German manufacturers association, VDMA, has compiled data suggesting that following the slump in construction equipment sales in 2009, the market will recover in 2010.
The VDMA reports that in 2009 German construction equipment sales fell in by some 43% to €9.5 billion.
Dr Christof Kemmann, VDMA chairman said at a recent board meeting of the organisation, “...2009 has been the most difficult year ever for our industry.”