Construction Machinery Middle East NewsConstruction Machinery Middle East News
    What's Hot

    South Korean firms to support reconstruction of Ukraine

    September 20, 2023

    Volvo upgrades its wheel loaders

    September 20, 2023

    Off-Highway Powertrain: At a different speed

    September 20, 2023
    Facebook Twitter LinkedIn
    • About
    • Subscribe
    • Media Pack
    • Contact
    Facebook Twitter LinkedIn
    Construction Machinery Middle East NewsConstruction Machinery Middle East News
    • News

      DEVELON launches array of new tracked excavators

      September 20, 2023

      Cummins hydrogen to power Terex front-discharge mixer

      September 13, 2023

      UAE to restrict heavy vehicles loads

      September 13, 2023

      Hoffman and Shurfah agree multi-decade green cement deal

      September 6, 2023

      Bobcat launches MEA-specific M-Series Backhoe Loader

      September 4, 2023
    • Features

      The thrill of a live heavy machinery sale

      August 2, 2023

      Mobilisation: A feat of strength

      June 21, 2023

      Long read: The rental revolution

      May 3, 2023

      DuBox shifts 85% of construction from its Saudi sites to new Rabigh factory

      March 22, 2023

      Breaking down barriers: FedEx talks diversity in logistics

      March 8, 2023
    • Videos
      1. Live Events
      2. News Videos
      3. View All

      Short Highlights | Construction Machinery ME Awards 2023

      June 12, 2023

      Highlights | Construction Machinery ME Awards 2023

      June 12, 2023

      Interview with Nabil Tawil | Access and Handling Summit 2023

      April 27, 2023

      Interview with Ashfaq Hussain | Access and Handling Summit 2023

      April 27, 2023

      Komatsu D155A-6

      September 2, 2022

      Komatsu PC500LC-10R

      August 2, 2022

      Komatsu GD705-5 motor grader

      July 1, 2022

      Video: PAC-MAN – Cat Style!

      November 15, 2020

      Interview with Amit Deshpande, Managing Director – Cummins Arabia

      July 5, 2023

      Interview with Ian Norton – Operations Director – Cummins Arabia.

      June 13, 2023

      Short Highlights | Construction Machinery ME Awards 2023

      June 12, 2023

      Highlights | Construction Machinery ME Awards 2023

      June 12, 2023
    • Digital Issue
    • Media Pack
    Subscribe
    Construction Machinery Middle East NewsConstruction Machinery Middle East News
    Home » Bobcat loaders win awards for low ownership cost and high retained value
    Construction Machinery

    Bobcat loaders win awards for low ownership cost and high retained value

    Anirban BagchiBy Anirban BagchiApril 9, 2020No Comments3 Mins Read
    Facebook Twitter WhatsApp LinkedIn Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bobcat’s T590 compact track loader and S70 skid-steer loader have won the 2020 Lowest Cost of Ownership (LCO) Award in their respective categories, with the S70 also winning the Highest Retained Value (HRV) Award for the year.

    With the win, Bobcat retained its winning streak at what it says are the industry’s only accolade of their kind, based on empirical data regarding the long-term cost of heavy and compact equipment, organised by EquipmentWatch, a global data, software and insights provider for the equipment industry.

    A statement from Bobcat said nominees are recognised within 15 different categories of machines that exhibit the lowest cost of ownership over a five-year span. The HRV Award winner represents the model, within its respective equipment type, projected to retain the highest percentage of its original value after a five-year period. Total cost of ownership is one of the most important aspects that buyers take into account when purchasing equipment.

    Bobcat had also been successful at the previous edition of the awards, with its MT55 winning the LCO Award in the Loaders Compact Track category and the S70 skid-steer loader winning the Skid Steer Loaders Small category for the third year in a row. The HRV Award last year also went to MT55, which was bagged by the S70 this year.

    Jiri Karmazin, loaders product manager Doosan Bobcat EMEA, said: “It speaks for itself that we are proud to win these awards consecutively. They are a testament to the outstanding quality and durability of our machines and illustrate why even after more than 60 years, the Bobcat compact loader range continues to be the market leader. Awards like this are part of the motivation to keep improving our products and bring new innovations to the market. By doing so, we are confident to continue our excellent performance in the LCO and HRV Awards in the coming years.”

    According to Bobcat, the T590 compact track loader belongs to a range of loaders that has a proven track record of reliability and workmanship. Its compact size and manoeuvrability, as well as excellent ground hugging abilities, make it the perfect tool for performing a wide range of tasks in harsh and wet conditions. The large range of available attachments adds to the popularity and versatility of the machine.

    The S70 is the smallest model in the Bobcat skid-steer loader range. With its small dimensions, it can access sites with narrow openings such as gates, alleys or aisles. The S70 is ideal for work in tight areas where larger machines cannot manoeuvre effectively.

    Bobcat also recently unveiled the battery powered S70e loader concept machine at the Conexpo in Las Vegas. With electrically powered machines having the potential to revolutionise the compact equipment industry, Bobcat said it plans to be the first to engineer an all-electric loader.

    bobcat Compact track loaders construction machinery Doosan-Bobcat
    Anirban Bagchi

    Related Posts

    South Korean firms to support reconstruction of Ukraine

    September 20, 2023

    Volvo upgrades its wheel loaders

    September 20, 2023

    Off-Highway Powertrain: At a different speed

    September 20, 2023

    DEVELON launches array of new tracked excavators

    September 20, 2023

    Job Story: Tadano ATC gets flexible to take on lift

    September 13, 2023

    Cummins hydrogen to power Terex front-discharge mixer

    September 13, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Popular News

    South Korean firms to support reconstruction of Ukraine

    September 20, 2023

    Volvo upgrades its wheel loaders

    September 20, 2023

    Job Story: Tadano ATC gets flexible to take on lift

    September 13, 2023

    Cummins hydrogen to power Terex front-discharge mixer

    September 13, 2023
    Advertisement
    Facebook Twitter LinkedIn
    Latest News

    South Korean firms to support reconstruction of Ukraine

    Volvo upgrades its wheel loaders

    Off-Highway Powertrain: At a different speed

    DEVELON launches array of new tracked excavators

    POPULAR TAGS
    appointments auctions awps bobcat Caterpillar compact equipment construction machinery construction technology coronavirus (COVID-19) cranes Doosan-Bobcat dubai equipment excavators featurednews featuredpost fleet Genie Heavy Lift infrastructure JCB
    © 2023 CPI Trade Media. All rights reserved
    • About
    • Subscribe
    • Media Pack
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    ×