Ag vehicle manufacturers are preparing to lobby against the possibility of new European rules to drive down carbon output from off-highway diesel engines.
They will argue that the European Commission’s CO2 reduction ambitions can be achieved more easily and cheaply by encouraging further improvements in agricultural process efficiency and removing older vehicles from general use.
“As it is, 30-40% of our R&D spend will have to be dedicated to engine and engine compartment changes to…
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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.
