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.
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.
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.
In its 2Q23 earnings report released July 27, AGCO reported $704.1 million in sales of combines, application equipment and other machinery for the first half of 2023, a 65.7% year-over-year increase
Overall U.S. ag tractor unit sales gained in all but one segment. Total combine harvester sales in the U.S. are up, and in Canada, they were the biggest growth spot, as well.
According to CNH Industrial’s full year 2022 earnings released on Feb. 2, the company brought in $23.6 billion in revenue in 2022, up 20.8% year-over-year.
AGCO reported its earnings for the full year 2022 on Feb. 7, showing a record $12.65 billion in total revenue, $2.12 billion in South America revenue and $369.8 million in “work in process” (WIP) inventories.
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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.