Asia’s largest tractor maker, Kubota Corp., expects machinery sales in China to slow this year as the market is becoming saturated, President Yasuo Masumoto said, according to a May 11 Bloomberg report.
Chinese sales of machinery such as tractors and combines may rise 29% to 51.6 billion yen ($557 million) in the year ending March 2011, Masumoto said at a news conference in Osaka, where the company is based. That compares with a 48% increase…
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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.
