Home / North America

Articles Tagged with ''North America''

Claas Reports $6.7 Billion Net Sales

January 15, 2024 | Posted in Analysis & Commentary, Earnings Reports

In Claas’ recently released annual report, the company reported revenue of $6.7 billion in 2023, a 25% year-over-year increase from $5.4 billion in 2022.

Versatile Finds New Opportunities in ASKO Holdings, Shakes Off Former Owner Issues

January 15, 2024 | Posted in Mergers & Acquisitions

On Dec. 20, Buhler Industries, which manufactures the Versatile and Farm King equipment lines, announced it would be acquired by Turkish ag equipment manufacturer Başak Traktör.

Majorline Execs Talk Dealer Development, Professionalization & Consolidation

December 15, 2023 | Posted in Data & Trends, Dealers & Dealerships

During the major line OEM panel at Ag Equipment Intelligence’s 2024 Executive Briefing on Dec. 7, several executives from the majors spoke about the main challenges impacting their dealers over the next 5 years.

John-Deere-Annual-Net-Sales-—-2019-23-700.jpg

Deere Sees Rising Dealer Inventories, Mixed Early Order Programs in 2023

December 15, 2023 | Posted in Data & Trends

In its most recent earnings released Nov. 22, John Deere reported $61.3 billion in total net sales for its fiscal year 2023, up 16% year-over-year. Net sales in the fourth quarter were down 1% year-over-year to $15.4 billion.

2024 Executive Briefing Provides Look Ahead at Ag Industry

December 11, 2023 | Posted in Ag Equipment Business

The Ag Equipment Intelligence 2024 Executive Briefing wrapped up on Friday, Dec. 8 after welcoming attendees from all across the ag industry.

Titan-International-Ag-Revenue-—-2019-23-700.jpg

Titan International 3Q23 Ag Revenue Down 26%

November 15, 2023 | Posted in Earnings Reports

In its third quarter earnings reported Nov. 1, Titan International reported $213 million in agricultural revenue for the quarter, down 26.4% year-over-year.

AEI Newsmakers: October 2023

October 15, 2023 | Posted in Ag Equipment Business, Ag Equipment People, Ag Equipment Worldwide

VDMA reported German tractor registrations down 13% year-over-year in September (up 2% year-to-date).
Sarah Porter and Kathryn Sorensen demystified water concerns in Arizona in their Oct. 7 Wall Street Journal article.
Indian tractor manufacturer VST Tillers Tractors is looking for more collaborations with manufacturers.
According to a recent report from Horsch’s customer magazine terraHORSCH, China accounts for 18% of the world’s population but only 9% of global arable land.
LS Mtron recently announced its Land Solution partnership with Korean ag equipment manufacturer Woongjin Machinery.
According to CEMA, an industry trade association, the general business climate index for the European ag equipment industry has again fallen month-over-month.
In its Oct. 12 WASDE report, USDA reported a 2023-24 U.S. corn outlook of reduced supplies.
CNH Industrial announced Oct. 12 it had completed its acquisition of satellite positioning technology provider Hemisphere GNSS

North America’s Largest Dealers Ranked by Total Employees

September 18, 2023 | Posted in Dealers & Dealerships

In its June 2023 issue, Farm Equipment published the Farm Equipment 100™, a list of the 100 largest ag equipment dealers in North America by number of ag locations. Here are the top 25 dealers by total number of employees.

New Holland President: We Need to Clean Our Dealer Network

September 18, 2023 | Posted in Ag Equipment Business

In an interview at this year’s Farm Progress Show, New Holland Brand President Carlo Lambro said the company was looking to remove several other manufacturer brands from its dealer network in the future to “clean” the network as much as possible.

Kuhn Group Revenue Up for First Half of 2023, Order Intake Down

August 15, 2023 | Posted in Earnings Reports

Bucher Industries, which owns Kuhn Group, released its second quarter 2023 earnings report July 27 and reported Kuhn Group’s net sales for the first half of the year totaled $971.4, up 6.6% year over year.

Image of a desktop, a phone, and newspaper

Get all things Ag Equipment Intelligence all the time!

Start Your Membership

Current Issue

Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

Dairy Segment Provides Bright Spot in Current Ag Market

Deere Confident on ‘Producing to Demand’ in Fiscal Year 2025

Art’s Way Reports 3Q Ag Sales Drop 46%, Parts Ways with CEO

Must Read Free Eguides

Download these helpful knowledge building tools

[Technology Corner] What are the Top 5 Applications in Autonomy Right Now?

There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.

I am interior.sidebar.ad.5 EC area