According to a report from Yonhap News Agency, Doosan Bobcat reported 1,400 compact tractors sold in the Jan.-May 2020 period, nearly half of its 3,000 tractor goal for the year.
After entering the North American compact tractor market last September, through a contract with South Korean manufacturer Daedong Industrial, Doosan Bobcat also sold 1,100 tractors through the end of 2019.
Recent reports suggest restructuring in Doosan Group's Doosan Heavy Industries & Construction subsidiary has created pressure from creditors for the group to put its share of Doosan Bobcat up for sale.
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