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, 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.
