According to a report from Engineering News, the two companies have reached an agreement to distribute a full range of Mahindra's equipment in southern Africa.
Farm equipment dealers in India have been permitted to re-open their businesses through a new set of lockdown rules issues by the Indian government that will come into effect on April 20, according to a report from BBC.
Mahindra and Kubota have both been focusing on international markets in 2020, making investments into different ag equipment companies in Asia and Africa.
According to a report from The Hindu Business Line, Mahindra has announced a new range of tractors to be created with Mitsubishi of Japan. The new line has been dubbed the K2 platform and is set for release in 2021, with models to be released in varying horsepowers over the next 2 years.
In 2019, Brazilian tractor sales reached 33,137 units. Compared to 2018, this was a drop of 14.6% of total units sold. Mahindra claims to be the only tractor company who increased sales during the past year.
Mahindra & Mahindra's Farm Equipment Sector (FES) has announced it sold 17,213 units of tractors in the domestic market in December 2019, up 4% from 16,510 units recorded in the same month in 2018.
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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.