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AEI Newsmakers: November 2024

November 15, 2024 | Posted in Ag Equipment Worldwide, Data & Trends

Germany’s Machinery and Equipment Manufacturers Assn. (VDMA) reported German tractor registrations down 7%...
In the UK, the Agricultural Engineers Assn. (AEA) reported 50HP+ tractor registrations down 19%...
Ag Express Electronics, a provider of electronic repair and manufacturing services, announced on Nov. 7 a strategic partnership...
Craig Harthoorn, president of the Oxbo Forage Division in Marshfield, Wis., was elected president of the Board of Directors...
Buhler Industries, the manufacturer of the Versatile and Farm King brands of ag equipment, reported its 3Q revenue was up 38.6%...
Mississippi State Univ. is partnering with John Deere through a master research agreement, establishing a framework...
Scott Miller announced via LinkedIn that he had rescinded his acceptance of the CEO position...

Pöttinger Reports $544.6 Million in Revenue for Fiscal Year 2024

September 15, 2024 | Posted in Earnings Reports

Austrian shortline manufacturer Pöttinger reported consolidated revenues of €491 million ($544.6 million) for its fiscal year ending July 31, 2024.

AGCO Acquires FarmFacts GmbH's Digital Assets

November 13, 2023 | Posted in Ag Equipment Business, Autonomous Ag Machinery

Tech Stack Addition of FarmFacts Digital Assets and AGCO Ventures Among Next Steps.

Thomas Spiering Joins Claas Group Executive Board

July 22, 2023 | Posted in Ag Equipment People

Thomas Spiering, born in Herzebrock-Clarholz in Eastern Westphalia (Germany), has already been working for the CLAAS Group for 22 years.

Ag Equipment Data Points©

Ag Equipment Brand Strength in Germany — November 2022

April 15, 2023 | Posted in Ag Equipment Worldwide, Data & Trends

Every year, German farmers rate the awareness and brand strength of companies in the agricultural sector for 7 different areas as part of the DLG ImageBarometer.

Fendt Shows First Hydrogen Tractor at German Hydrogen Summit

March 6, 2023 | Posted in Alternative Power Sources

On Feb. 27, the Bavarian State Ministry for Economic Affairs, Regional Development and Energy hosted a hydrogen summit. Fendt presented the prototype of a hydrogen tractor there for the first time.

AEI Newsmakers: Feb. 2023

February 16, 2023 | Posted in Dealers & Dealerships, Equipment & Equipment Sales

According to a Feb. 10 note from J.P.Morgan, Germany’s over 100 horsepower registrations were up 29% year-over-year in January and under 100 horsepower registrations were flat.

AEI Newsmakers: Sept. 2022

September 15, 2022 | Posted in Ag Equipment Business

Steyr Wins Design Award with Hybrid Drivetrain
August Tractor Registrations Down 4% in Germany, up 1% in UK
USDA WASDE Report: Lower Corn & Soybean Production
Deere Aiming for 10% of Revenue From Software Fees by 2030
Biodiesel Demand Drives Soybean Crush Facility Construction

AGCO Plants in Germany, France to Resume Production Following Ransomware Attack

May 11, 2022 | Posted in Ag Equipment Worldwide

According to multiple reports, AGCO manufacturing facilities in Marktoberdorf and Asbach-Bäumenheim, Germany, as well as the company's plant in Beauvais, France, have either restarted production or plan to next week following last week's ransomware attack.

Increased Compact Sales Supported German Tractor Market in 2021

March 24, 2022 | Posted in Equipment & Equipment Sales

A surge in the number of compact tractors — machines of less than 50 horsepower — purchased in 2021 helped sustain the German tractor market in terms of unit numbers if not value at much the same level as in 2020.

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Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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.

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