A sharp downturn in industry-wide tractor sales following 5 years of growth, together with a substantial unpaid sales tax refund, is presenting significant management and liquidity challenges at Al-Ghazi Tractors, the CNH Industrial joint venture in Pakistan.
First half 2019 revenues are 32% or Rs4 billion ($25 million) lower than in the same period last year, with unit sales down 35% from 8,827 to 5,716 in the first quarter to the end of March, and…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
