Buyers of Fendt Ideal combines in North America and selected other markets can order their machine with a specialist header following an agreement between AGCO and German manufacturer Geringhoff.
The COVID-19 pandemic may have stifled plans to ship a record 20,000 tractors from the Fendt factory in southern Germany this year — the forecast is for 18,700 units — but it has not slowed AGCO’s accelerating roll-out of the brand throughout the U.S.
AGCO, a worldwide manufacturer and distributor of Challenger, Fendt, Massey Ferguson and Valtra brands has adopted a 2-tier distribution model that will support South African dealers directly from the region’s headquarters in Johannesburg, effective from Oct. 1, 2020.
Despite the challenges presented by Covid-19, Europe’s biggest independent distributor of agricultural machinery saw increased sales and profits during the first half of the parent group’s financial year.
AGCO is introducing its Fendt-branded equipment in Brazil. The company tested the Ideal combine in 45 different properties in the country. In addition, it began selling the Momentum planter and launched the Fendt 900 Vario tractor for the Brazilian market in an online event.
Despite an anticipated drop in new tractor sales last year, BayWa’s agricultural equipment business unit exceeded managers’ expectations by posting an increase in revenues. Much of the growth resulted from Claas’ announcement of a territory expansion into southern Alberta for the unit’s Canadian dealership.
Distortions in the registrations data used to monitor tractor sales in the United Kingdom have resulted in figures for 2019 that appear to show some growth, when, in fact, a drop in sales was the reality.
Farmers in France bought more new tractors in 2019 than in any year since 2013, lifting Europe’s second largest tractor market to between 40,000-42,000 units of all types, including specialist vineyard tractors and groundscare models.
In the run-up to the 2019 Agritechnica show, held in Hanover, Germany, on Nov. 10-15, numerous products were presented by manufacturers and registered in competition for the Agritechnica Innovation Awards, including advancements in engine emissions, powershift gearboxes and digitization.
AGCO has completed expansion of its Edgewood, Md., assembly and distribution facility for Fendt high horsepower tractors and Massey Ferguson compact and utility tractors and equipment.
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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.