During the first quarter of 2020, Argentina’s National Institute of Statistics and Census reported that the country registered more sales of agricultural machinery in terms of revenue.
Sales of farm tractors and combines in May bounced back from lows seen in previous months according to the Brazilian National Assn. of Vehicle Manufacturers (Anfavea).
According to a report from Nikkei, the two companies will collaborate to manufacture a new tractor brand to be sold in Eastern Europe, Africa and other regions.
According to a report from Industrial Vehicle Technology, the company delivered 44 Maxxum 125 tractors to EthioLease, a subsidiary of Africa Asset Finance Company Inc.
According to a report from ETAuto, following a nationwide shutdown in India due to the COVID-19 pandemic, the opening of a factory meant to produce tractors for a joint venture between Kubota and Escorts has been delayed.
According to a report from The Express Tribune, the ongoing slump of the Pakistani ag equipment industry has only been worsened by the COVID-19 pandemic.
Tractor and harvester production is underway in Europe once more after extended shutdowns brought output to a complete halt as the coronavirus pandemic took hold.
CEMA, the European Agricultural Machinery Industry Assn. reports that the general business climate index for the agricultural machinery industry in Europe has improved slightly but continues deeply negative at –59 points (on a scale of –100 to +100 ).
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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.