While overall figures showed a significant falloff in demand for Deutz diesel engines last year, the German manufacturer was encouraged by the healthy increase in sales to the agricultural machinery sector.
Deutz sold almost 12% fewer power units last year — totaling 252,359 units — and its compact engines business suffered a similar decline — to 219,681 units — as construction equipment firms slashed production schedules toward the end of the year.
But revenues from…
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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.
