It turns out that the UK tractor market is doing better than official statistics for the first half of 2019 suggested after a glitch was discovered in the process of collating and analyzing registration figures.
Agricultural innovation is thriving in Ireland. This was amply evident during the 88th National Ploughing Championships, the country’s longest running and largest display of advanced farm equipment and agricultural products.
A new independent competitor in the market for agricultural steel rims has been created with the disposal of an Italian unit of the GKN Wheels & Structures business.
Indian tractor manufacturer Mahindra sold a record number of tractors in its most recent financial year, as the domestic market continued to grow sufficiently to offset lower export sales resulting from inventory adjustments in key markets.
Process engineering group GEA, which manufactures milking, feeding and cow barn systems and equipment under the Westphalia and GEA brands, is reviewing options for elements of its farm and milk processing equipment operations as part of a group-wide restructuring intended to drive sales and improve profitability.
Agrisolutions Corp. has been on the acquisitions trail to bolster its existing product range consisting mainly of tillage and seeder soil-engaging components supplied to OEMs.
Exel Industries, the parent group of the international Agrifac, Berthoud, Hardi and Tecnoma sprayer product lines, the Apache operation in the U.S., and a number of local European brands, is closing two of its production facilities in France with the loss of around 200 staff.
Ford Motor announced on Oct. 1 that it has agreed to sell a majority share (51%) of its business in India to Mahindra & Mahindra as part of a $275 million joint venture, according to a report by CNBC. This venture will develop, market and distribute Ford brand vehicles in India and Ford brand and Mahindra brand vehicles in “high-growth emerging markets around the world,” according to Ford.
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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.