CCMA: China's excavator sales rise 14% YoY in July

China’s sales of excavators to both domestic and overseas customers increased again in July, jumping by 13.9% on year to hit 19,521 units, according to the latest data released by the China Construction Machinery Association (CCMA). The growth slowed from June's 35.3% on-year leap, however.

Within the total, excavator sales in the domestic market gained by 4.1% on year to 7,608 units in July (including 41 electric excavators), while excavator exports soared by 21.2% on year to 11,913 units (including 62 electric models), accounting for 61% of total July's sales, the CCMA data showed. Over January-July, China's cumulative excavator sales amounted to 171,841 units, representing a 24.8% on-year increase. Within the