2019 saw both AGCO and CNH Industrial finish in the red. Both reported consolidated revenues down for the full year, as well as in 4Q19. AGCO also reported negative impacts from the late harvest and low crop production in the U.S., while CNH Industrial experienced lower industry volumes in North America and Rest of World (RoW) markets.
AGCO reported 4Q19 sales at approximately $2.5 billion, down 3% from the roughly $2.6 billion reported in…
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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.
