Sonalika Tractors recently reported sales growth in its domestic market of 42%, for an annual sales volume of 139,526 tractors in its fiscal year 2021.
Mahindra recently stated in a regulatory filing that the two companies have entered into a "business collaboration arrangement" that will "respond to diversifying customer needs and contribute to the sustainable development of Japanese agriculture."
Yanmar has concluded a Master Dealer Agreement with compact tractor and machinery company Wassenberg GmbH, for the sales and service of the Yanmar YT and SA 22-60 HP compact tractor series in Germany.
The German Agricultural Society (DLG) is postponing the Agritechnica trade fair. Because of the continuing Corona pandemic as well as the progress of vaccination programs, both in Germany and abroad, the DLG, VDMA Agricultural Machinery Association and Agritechnica’s exhibitor advisory board have concluded that insufficient certainty for planning currently exists for the world-leading exhibition in November.
The Board of Directors of Mahindra and Mahindra Limited announced that Dr. Anish Shah, presently the Deputy Managing Director and Group Chief Financial Officer, would take over as the Managing Director and Chief Executive Officer, effective April 2, 2021.
According to a report from The Jerusalem Post, Kubota has partnered with innovation firms Kinneret Innovation Centre and Impact Innovation Israel in order to "be exposed to attractive deals early on and be on top of new trends and developments."
According to a report from Trak.in, Mahindra confirmed that it had let go 48 employees last year from its automotive and farm equipment segments, with another 98 having been 6 months to find a new job.
Magazine Luiza, a retail giant in Brazil recognized for selling a wide variety of products, has decided to attend the growing demand of the agricultural sector for credit in the country.
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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.