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Over the past two months more than 2,500 excavators have gone under the auctioneer’s hammer in the UK.

“Euro Auctions continues to prove they are Europe’s number one auction house. In the last seven weeks, Euro Auctions conducted four UK sales, two at the flagship site in Leeds, one in Dromore, Northern Ireland, with an off-site sale for Contractors Plant Hire in Hampshire. In all over 17,000 pieces of heavy plant and construction machinery went under the hammer with a sale total of £134 million, with an inventory that included over 2,500 excavators,” declared Chris Osborne, Euro Auctions sales manager after a bumper four UK sales in seven weeks.

2022 was a strong year for the used machinery market with prices resilient, demand high for good fresh low hours machines, with a shortage of new equipment from OEMs for the duration of 2022. At th...

Supply chain issues brought on by the pandemic have been particularly challenging for the automotive sector. A global chip shortage among an onslaught of sup