For the first time in 5 decades Massey Ferguson has lost the leadership in Brazilian tractor production and unit sales. According to numbers released by the Brazilian National Assn. of Automotive Vehicle Manufacturers (Anfavea) earlier this year, Massey produced over 23,000 tractors in 2010. That number dropped to 9,000 units in 2017.
The new leader in the tractor sector is John Deere with 10,945 tractors produced — all in one factory located in Montenegro, Rio…
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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.
