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South American News: November 2024

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

Brazil: Machinery Sales Drop in September
Argentina: Case IH Opens Its Largest Dealership in Latin America
Deere Leads in Argentina’s Tractor Market, CNH Leads Combine Market

South American News: September 2024

September 15, 2024 | Posted in Ag Equipment Business, Ag Equipment Worldwide

Brazil Ag Machinery Sales Dropped 28.78% Through July, Signs of Recovery at Expointer
Argentina Registers Record Number of Machinery in August
Brazilian Company Aims to Electrify Ag Drones
John Deere Announces New Leadership Changes in Latin America
Argentina: FPT Partners with Pauny for Tractor Engines

Dealer M&A Activity: September 2024

September 15, 2024 | Posted in Mergers & Acquisitions

This new standing feature in the Ag Equipment Intelligence newsletter will catalogue notable dealership merger & acquisition activity since the previous newsletter.

Press Release

Progressive Tractor & Implement Grows Within CASE Dealer Network

August 22, 2024 | Posted in Mergers & Acquisitions

Source: CNH Industrial

Progressive Tractor & Implement Co. LLC (PTI) is acquiring the stores and territories of Heartland Equipment to expand their business into the northeastern Arkansas and Memphis areas and help more customers in the region succeed with CASE equipment.

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Titan Machinery Lowers Fiscal Year 2025 Modeling Assumptions

August 15, 2024 | Posted in Earnings Reports

Case IH dealership group Titan Machinery released preliminary 2Q results for fiscal 2025 on Aug. 14, ahead of the quarter close on Aug. 31.

Brand Loyalty Drops Slightly Among Farmers, Improves Among Deere & New Holland Customers vs. 2020

August 15, 2024 | Posted in Analysis & Commentary

It can take years for a manufacturer or dealer to build up its reputation, but it only takes one bad experience to ruin it. Customer loyalty to your brand and your dealership isn’t guaranteed and can be fleeting.

Ag Equipment Intelligence Lists

Looking at 20 Years of Dealership of the Year Recipients

July 15, 2024 | Posted in Ag Equipment Business, Ag Equipment People, Earnings Reports

The July/August 2024 edition of Farm Equipment, sister publication of Ag Equipment Intelligence (AEI), named the 20th annual Dealership of the Year recipients

Top 5 Agricultural Companies Listed in the Industry Week US 500 Report

July 15, 2024 | Posted in Analysis & Commentary

Manufacturing news outlet IndustryWeek recently unveiled its highly anticipated U.S. 500 report, a ranking that highlights the top manufacturing companies across various industries in the U.S.

Claas Dealer Satisfaction Leads Way Among US Full-Line OEMs

July 15, 2024 | Posted in Dealers & Dealerships

As first reported in On The Record June 28, Ag Equipment Intelligence analyzed the North American Dealers Assn.’s annual Dealer-Manufacturer Relations Survey results released in June.

Titan Machinery ‘Laser Focused’ on Inventory Management

June 17, 2024 | Posted in Ag Equipment Business, Earnings Reports

Titan Machinery’s focus for fiscal year 2025 (ending Jan. 31, 2025) is on inventory reduction, and CEO Bryan Knutson said that will carry into fiscal year 2026.

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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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