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India’s Sonalika Reports Sales of 100,000 Tractors in FY18

April 1, 2018 | Posted in Data & Trends, Equipment & Equipment Sales, Mergers & Acquisitions

Sonalika International Tractors Limited (ITL), one of India’s leading tractor manufacturers, recorded an increase of 22% in tractors sales to 100,000 units in fiscal year 2018. This compares to 81,531 units registered in the previous year, which was an increase of 19.6%.

Ag Tariffs Not ‘Welcome News’ for U.S. Farmers or Ag Equipment Segment

April 1, 2018 | Posted in Commodities, Mergers & Acquisitions

If China enacts their announced tariffs on U.S. ag products, farm equipment dealers and manufacturers will feel it just as acutely. Already jittery about making capital investments, putting the proposed tariffs into effect, farmers could easily decide to put off replacing that tractor for another year.

Sources of Ag Equipment Loans

April 1, 2018 | Posted in Data & Trends, Mergers & Acquisitions

Earlier this year, Ag Equipment Intelligence surveyed U.S. and Canadian farm equipment dealers on their major sources for equipment loans.

Mahindra’s Swaraj Tractors Extends Offerings to 75 Horsepower

April 1, 2018 | Posted in Equipment & Equipment Sales, Mergers & Acquisitions

The Mahindra & Mahindra owned tractor company, Swaraj Tractors is rolling out its new tractors models in the 60-75 horsepower range. According to the company, it is aiming to capture a significant share of the 50,000 units sold annually in the over 50 horsepower range.

Most Dealers Believe Interest Rate Hikes Would Hamper Sales

April 1, 2018 | Posted in Mergers & Acquisitions

Nearly two-thirds of farm equipment dealers surveyed in early February expect higher interest rates on retail equipment will cause their farm customers to think twice before deciding to buy new equipment in 2018.

Who’s the Winner in the Bayer-Monsanto Tie Up?

April 1, 2018 | Posted in Commodities, Mergers & Acquisitions

If published reports turn out to be accurate, it looks as if Bayer’s deal to acquire Monsanto will finally be completed. According to an April 9 Wall Street Journal report, the U.S. Justice Department will allow the acquisition after Bayer agreed to sell off additional assets, in all likelihood to BASF, which competes with Bayer.

Titan Machinery’s 4Q18 Sees Top and Bottom Line Growth

April 1, 2018 | Posted in Data & Trends, Equipment & Equipment Sales, Mergers & Acquisitions

Titan Machinery, one of North America’s largest equipment dealership groups, posted its first strong earnings report since sales of farm machinery turned down in 2014. Fourth quarter revenue topped $339 million, up 7% year-over-year.

Ranks of Biggest Ag Equipment Dealerships Continue to Swell

April 1, 2018 | Posted in Data & Trends, Mergers & Acquisitions

While there are fewer “big” North American farm equipment dealer-principals or ownership groups at this point in 2018 than there were a year ago — 189 vs. 193 — this in no way signals a slowdown in dealer consolidation trends of the past decade.

Heritage Tractor Adds 9 Locations with Acquisition of Larson Farm and Lawn

March 23, 2018 | Posted in Mergers & Acquisitions

Heritage Tractor will now have 17 locations in three different states.

H&R Agri-Power Acquires Two Additional Locations in West Tennessee

March 14, 2018 | Posted in Mergers & Acquisitions

At these locations, H&R Agri-Power will continue to offer Case IH, Rhino, Kuhn, Unverferth, McFarlane, Great Plains, Bush Hog, Brent, Hurricane Ditcher, Geringhoff and many other product lines.

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Mergers & Acquisitions
RSS

India’s Sonalika Reports Sales of 100,000 Tractors in FY18

Ag Tariffs Not ‘Welcome News’ for U.S. Farmers or Ag Equipment Segment

Sources of Ag Equipment Loans

Mahindra’s Swaraj Tractors Extends Offerings to 75 Horsepower

Most Dealers Believe Interest Rate Hikes Would Hamper Sales

Who’s the Winner in the Bayer-Monsanto Tie Up?

Titan Machinery’s 4Q18 Sees Top and Bottom Line Growth

Ranks of Biggest Ag Equipment Dealerships Continue to Swell

Heritage Tractor Adds 9 Locations with Acquisition of Larson Farm and Lawn

H&R Agri-Power Acquires Two Additional Locations in West Tennessee

Get all things Ag Equipment Intelligence all the time!

Top Articles

Current Issue

Ag Equipment Intelligence

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

Must Read Free Eguides

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

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Get all things Ag Equipment Intelligence all the time!

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