On May 9, Cervus Equipment, one of John Deere’s largest dealership groups in North America, reported its revenue grew by $25.5 million or 30.3% to $109.8 million in the first quarter ended March 31, 2012. Same-store sales increased by $22.1 million 26% during the period compared with the first quarter of last year. Cervus operates 42 dealership locations in Western Canada. In addition to Deere ag equipment, the group also handles Bobcat and JCB construction…
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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.
