Last year’s collapse in construction machine sales may have caused diesel engine maker Deutz to fall deeper into the red, but the company is determined to maintain its R&D spend in preparation for a market recovery.
Sales of compact engines for plant and agricultural machinery dropped 53% on a buoyant 2008 figure to 102,420 units. Revenues from farm tractor, telehandler and loader engines, which account for about a quarter of the total, were down 16%…
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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.
