The Bobcat S70 skid-steer loader has won the Lowest Cost of Ownership (LCO) Award in the Skid Steer Loaders Small category for the second year in a row. Bobcat also won another LCO award with the company’s T590 compact track loader the victor in the Loaders Compact Track category, which last year was won by the Bobcat MT55 mini track loader.
The LCO Awards are the industry’s only accolade of their kind, based on empirical data regarding the long-term cost of heavy and compact equipment. They are organised by EquipmentWatch, a world leader in data, software and insights for the heavy equipment industry. Nominees are recognised within 15 different categories of machine that exhibit the lowest cost of ownership over a five year span.
Total cost of ownership is one of the most important aspects that buyers take into account when they purchase equipment. The awards won by the S70 and T590 are a testament to the reputation for high performance, quality and reliability that the Bobcat range of compact loaders, mini-excavators, telehandlers and attachments has established over the last 60 years.
Commenting on Bobcat’s success in the LCO Awards, Jiri Karmazin, Loaders Product Manager Doosan Bobcat EMEA, said: “We are delighted to win these awards again. They demonstrate why even after more than 60 years, the Bobcat compact loader range continues to be the market leader, so that one in every two skid-steer loaders sold today is still a Bobcat machine. It is our commitment to outstanding quality, workmanship and innovation that has helped to maintain our market leadership.”