- Home
- News & Media
- Press Releases
- Bobcat Loaders Celebrate Consecutive Wins in 2020 LCO & HRV Awards
Bobcat Loaders Celebrate Consecutive Wins in 2020 LCO & HRV Awards
Posted: 15 April 2020
Bobcat is proud to announce that the company’s T590 compact track loader has won the 2020 Lowest Cost of Ownership (LCO) Award in the Loaders Compact Track category for a second consecutive year. Having won the Award for the MT55 in 2018, Bobcat has proven to be the dominant force in the category for the past three years.
The Bobcat S70 skid-steer loader also triumphed in the 2020 LCO Awards, winning the Skid Steer Loaders Small category for the third year in a row. The company’s smallest loader has also been awarded the Highest Retained Value (HRV) Award in 2020, giving testament to the longevity and quality of its machines. Last year’s HRV Award went to the Bobcat MT55.
- The Bobcat T590 has won the LCO Award in the Loaders Compact Track category in 2020 and 2019. In 2018 the award went to the MT55.
- The Bobcat S70 has won the LCO Award in the Skid Steer Loaders Small category for the third consecutive year.
- Bobcat wins the HRV Award for the Bobcat S70 in 2020. In 2019 the HRV Award went to the Bobcat MT55
Commenting on Bobcat’s continued success in the LCO and HRV Awards, 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.”
The Bobcat T590 and S70 Compact Loaders
The Bobcat 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 its 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 introduction of the new M-Series loaders in 2020 shows Bobcat’s intent to keep improving on the company’s bestselling products. All compact loaders in the 500 Series will see a revamp in 2020 and build on the legacy set by their predecessors. Thanks to the loaders’ new Stage V engines, customers will benefit from higher torque and better performance. Lower noise levels, air-conditioned cabs, high flow hydraulics and better maintenance access will further increase the comfort of the new 500 series.
The S70 is the smallest model in the Bobcat skid-steer loader range. With its small dimensions, the S70 model can access sites with narrow openings such as gates, alleys or aisles. The Stage V engine also allows the machine to operate in highly regulated emission zones. The S70 is ideal for work in tight areas where larger machines cannot manoeuvre effectively.
Continuing the legacy of Bobcat’s smallest loader and showcasing its dedication to innovate, the company has unveiled the battery powered S70e loader concept machine at the recent Conexpo fair in Las Vegas. Electrically powered machines have the potential to revolutionize the compact equipment industry. Bobcat plans to be the first to engineer an all-electric loader.
The Awards
The LCO and HRV 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. 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 they purchase equipment.
READ MORE
View all- Bobcat Telehandler Saves Time & Money in Manure Handling
Bobcat Telehandler Saves Time & Money in Manure Handling
15 November 2024
An investment by David Derenne, a poultry farmer in Finistère in France, in a new Bobcat TL30.60 compact telehandler for manure handling and loading batches of chicks and chickens, has allowed him to optimise his working time and to no longer need the services of contractors. - New Bobcat Fleet for Renewable Energy and Drainage Projects
New Bobcat Fleet for Renewable Energy and Drainage Projects
22 October 2024
PSR Turnkey Solutions Ltd, based in Rotherham in South Yorkshire in the UK, has purchased new Bobcat mini-excavators and a new Bobcat compact track loader for use on the company’s renewable energy and drainage projects across the UK. - Doosan Bobcat Employees Give Back to Communities Across EMEA Through Volunteer Time
Doosan Bobcat Employees Give Back to Communities Across EMEA Through Volunteer Time
30 September 2024
In 2024, Doosan Bobcat employees around the world – including throughout Europe, the Middle East and Africa (EMEA) – are giving back by volunteering in their communities. - Bobcat - Creating The Best Match of Carriers & Attachments
Bobcat - Creating The Best Match of Carriers & Attachments
18 September 2024
Bobcat is dedicated to enabling its customers to carry out all their work quickly and efficiently. That is why the company offers not only an ever-growing selection of compact machines, all of which are intended as tool carriers, but also an extensive and continuously developing range of attachments to be used on these machines. - Bobcat Equipment Helps Safeguard Bagheria Beach in Sicily
Bobcat Equipment Helps Safeguard Bagheria Beach in Sicily
29 July 2024
On the coast of Bagheria (PA) on the island of Sicily in Italy, the accumulation of seaweed on the beaches, if not managed properly, can cause inconvenience to the local community and tourists. - Bobcat on the Front Line in Works for the Jubilee in Rome
Bobcat on the Front Line in Works for the Jubilee in Rome
17 June 2024
There is great expectation among the faithful around the world, for the Jubilee 2025, renamed the Jubilee of Hope, an event held every 25 years to mark a Holy Year of grace and forgiveness. - Bobcat Breaks Ground for Mexico Manufacturing Facility
Bobcat Breaks Ground for Mexico Manufacturing Facility
17 June 2024
Bobcat, a global equipment, innovation and worksite solutions brand, held a ceremonial groundbreaking on 13th June 2024 for its new 280-million EUR manufacturing facility in Mexico. - Bobcat Demo Days 2024 features more than 90 machines and innovations spanning manufacturer’s full equipment portfolio
Bobcat Demo Days 2024 features more than 90 machines and innovations spanning manufacturer’s full equipment portfolio
5 June 2024
More than 700 customers, dealers, suppliers and journalists from across Europe, the Middle East and Africa (EMEA) are heading to Doosan Bobcat EMEA’s campus in Dobříš, Czechia for Bobcat Demo Days 2024. - Bobcat debuts electric telehandler concept at INTERMAT 2024, proving sustainability and performance can go hand in hand
Bobcat debuts electric telehandler concept at INTERMAT 2024, proving sustainability and performance can go hand in hand
24 April 2024
Bobcat is using INTERMAT 2024 as a launchpad for its TL25.60e electric telehandler concept. - Bobcat paves way for smarter, more sustainable and connected future with innovative INTERMAT 2024 equipment lineup
Bobcat paves way for smarter, more sustainable and connected future with innovative INTERMAT 2024 equipment lineup
24 April 2024
Bobcat is showing the international construction community how it is accelerating towards a smarter, more sustainable and connected future with its innovative lineup for INTERMAT 2024.