Excavator sales show solid growth

Sales by China’s major excavator producers continued to post double-digit growth in June, though the pace was slower than the previous month, industry data showed. The country’s 25 leading exca- vator makers sold 14,188 digging machines in June, up 58.8 percent year-on-year, compared with a 71.3-percent increase in May, according to the China Construction Machinery Association. More than 12,400 machines were sold in the Chinese mainland market, up 51.4 percent yearon-year. Overseas sales surged 143.7 percent to over 1,700 machines. Combined sales in the January-June period remained robust, rising 60 percent year-on-year to reach 120,123 excavators, almost level with the 60.2-percent growth for the January-May period.