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.
Compact agricultural wheel loaders delivered revenue growth for Germany’s Wacker Neuson Group last year as a European distribution agreement with John Deere continued to expand.
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.
A reduction in demand for the agricultural, industrial and construction machinery tires it manufactures resulted in a dip in organic sales and a sharp decline in profitability at Trelleborg group’s Wheel Systems business unit last year.
In March, Brazil’s President Jair Bolsonaro, issued national guidelines banning states from restricting activities related to the agricultural sector due to the coronavirus.
Mahindra and Kubota have both been focusing on international markets in 2020, making investments into different ag equipment companies in Asia and Africa.
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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.