AGCO & Deere Favor Recurring Revenue Model with Autonomous Solutions

Industry analyst Shane Thomas shared commentary on recent earnings reports from a number of the OEMs in his Dec. 15 edition of Upstream Ag, highlighting the pricing approach AGCO, CNH and Deere are taking when it comes to autonomous solutions.

In its latest earnings report, AGCO reported its PTx Trimble sales and margins have been lower than the company expected this year. “Again, due to the decline in the industry, AGCO is excited about integrating…

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