Exhibit 23.1


                       Consent of Independent Accountants


We  hereby  consent  to the  incorporation  by  reference  in this  Registration
Statement on Form S-8 of Terex  Corporation  of our reports  dated March 1, 1999
appearing  on pages F-2 and F-36 of Terex  Corporation's  Annual  Report on Form
10-K for the year ended December 31, 1998.

PricewaterhouseCoopers LLP


Stamford, Connecticut

July 13, 1999