An increase in off-highway tire sales and a stronger gain in profitability helped Yokohama Rubber post record earnings in the group’s financial year to the end of December 2019.
The ATG (Alliance Tire Group) ag, construction and forestry off-highway segment secured revenues of 70.7 billion yen ($637 million), which at 2.9% is a slower rate of progress than the 2018 figure of more than 8% and short of projections.
Business profit (defined as revenues less…
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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.
