Hitachi announces price rise for construction equipment

Tokyo-headquartered Hitachi Construction Machinery has announced it will be raising the prices of its equipment by 8% from April this year.

The company said the decision was based on the impact of the rising cost of energy and materials – the latter due in part to global supply chain issues.

In a statement, Hitachi CM’s president and executive officer, Kotaro Hirano, said the company will “sequentially increase selling prices of all…

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