HD Construction Equipment's Australia sales up 56% this year

HD Construction Equipment is enjoying solid sales in Australia. The construction equipment developer subsidiary of HD Hyundai Group said Friday its sales in Australia in January to February increased 56 percent from the previous year. Last year the company sold 439 construction equipment in the country. With rising demands and more invested marketing efforts by the firm, the figure is anticipated to reach 1,000 this year. The company’s main focus is small-size equipment. The products account for half of the company’s sales across its global markets. It said it will boost the product group for the Australian market by further diversifying mini excavator lineup and introducing a compact track loader and bulldozer. Australia is one of HD Construction Equipment’s key global markets, generating demands of approximately 25,000 construction equipment per year on average. State-run infrastructure construction projects involving roads, railways and energy development as well as earth mineral excavation for ironstone and lithium keep fueling demands for construction equipment. Citing market a