According to the latest Dealer Sentiments & Business Conditions update, a net 1% of surveyed dealers indicated their new inventory levels were "too low" in June. This is the first time surveyed dealers have indicated their new inventory levels were "too low" since July 2013.
New equipment inventory levels decreased in June with a net 1% of dealers reporting inventories “too low” (28% too high, 43% in line, 29% too low) vs. 2% of…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
