The most ambitious attempt yet by a Chinese manufacturer to enter mainstream Western tractor and machinery markets takes another step this fall when a subsidiary of Lovol Heavy Industries starts assembling tractors in Italy for sale in a number of European countries.
The construction and agricultural equipment giant is taking a two-pronged approach to its tractor exports initiative. For Asia, Africa, Eastern Europe and similar markets, the main thrust is behind the group’s Lovol tractors…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
