In his introduction to the “Economic Report — 2015” on agricultural machinery issued in May by the VDMA Agricultural Machinery Assn. based in Frankfurt, Germany, Dr.-Ing. Hermann Garbers, chairman of the group, strongly urges European manufacturers to continue working toward more open free trade policies and standardization of electronic components.
CNH Industrial reported flat revenues for the second quarter and first half of 2014 on July 31. Revenues for the quarter came in at $8.9 billion vs. $8.8 billion for the same period in 2013.
North American large ag equipment retail sales increased in December, with 4WD tractor sales up 6.9% year-over-year, combines up 37.1% and row-crop tractors increasing 13.9%, according to the Assn. of Equipment Manufacturers.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.