Increased sales of new high horsepower tractors in North America is helping AGCO’s Fendt unit toward its goal of selling 20,000 units globally a year by 2020. This year, sales in North America are expected to top 800 units for the first time as farmers take to the Fendt 1000 Vario range and its Challenger-branded counterpart.
Peter-Josef Paffen, brand director and chairman of AGCO/Fendt management at the unit’s headquarters in southern Germany, says the average…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
