Exhibit 23.1


                  Consent of Independent Accountants


We  hereby  consent  to the  incorporation  by  reference  in this  Registration
Statement  on Form S-8 of our report  dated  February  25, 2000  relating to the
financial  statements and financial  statement schedule of Terex Corporation and
of our report dated  February 25, 2000 relating to the  financial  statements of
PPM Cranes,  Inc.,  which appear on pages F-2 and F-32,  respectively,  of Terex
Corporation's Annual Report on Form 10-K for the year ended December 31, 1999.

PricewaterhouseCoopers LLP


Stamford, Connecticut

May 17, 2000