Just days after announcing around 70 layoffs when production of tractor transmissions is transferred to China from a YTO factory in northern France, the Chinese manufacturer revealed plans to develop and assemble a new line of tractors at the plant. According to French media reports, YTO will unveil a new tractor brand at the SIMA show in Paris in February with the goal of having the machines for sale in 2020.
Joël Chincholle, manager of…
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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.
