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Australian Tractor Sales Decline After 5 Years of Growth

February 19, 2019 | Posted in Ag Equipment Worldwide

National tractor sales in Australia ended a 5 year run of growth in 2018, ending 4.1% down on the prior year as buoyant business in some areas was more than offset by big declines in drought stricken eastern estates, according to the country’s national machinery trade body.

Massey Ferguson Tops List of Tractors in Use in Ireland

February 18, 2019 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

According to a Feb. 11, 2019 report in Agriland, an Irish publication covering agriculture, Massey Ferguson tractors had about a 22% share of the market at the end of 2017.

AGCO Plans Further Expansion as Beauvais Logistics Center Opens

February 18, 2019 | Posted in Ag Equipment Worldwide, Mergers & Acquisitions

At the inauguration of a new logistics facility for the Massey Ferguson tractor factory in France, AGCO managers revealed plans for further expansion of the site to accommodate an increase in production capacity and introduce a new product line.

Väderstad Revenues Hit Nearly $340M in FY18

February 5, 2019 | Posted in Ag Equipment Worldwide

The Väderstad Group, which encompasses worldwide manufacturing and distribution businesses including North American operations based in Langbank, Sask. (production) and Cambridge, Ont. (sales), generated 27% more turnover in its 2018 financial year.

Kuhn Reports 12% Revenue Increase in FY2018

January 31, 2019 | Posted in Ag Equipment Worldwide

Despite mixed fortunes for agriculture in different parts of the world, the Kuhn Group recorded a 12% gain in net sales during the 2018 financial year ended December.

‘Mancel’ is New European-Built Tractor Brand from YTO of China

January 30, 2019 | Posted in Ag Equipment Worldwide

China’s YTO farm tractor unit, part of the Sinomach off-highway machinery conglomerate, has revealed “Mancel” as the brand selected for a new range of tractors to be built in France using components mainly sourced in Europe.

Titan International Signs Letter of Intent for Settlement Put Option

January 15, 2019 | Posted in Ag Equipment Business, Ag Equipment Worldwide

Titan International announced on Jan. 3 that it and the Russian Direct Investment Fund (RDIF), one of the three shareholders of Voltyre-Prom, have entered into a Non-Binding Letter of Intent relating to the settlement put option that was exercised by RDIF.

2018 French Tractor Sales Manufacturers’ Market Share

January 15, 2019 | Posted in Ag Equipment Worldwide, Data & Trends

John Deere continues to be the top selling tractor in France, the EU’s largest market for farm equipment, according Axema, the trade association representing farm equipment manufacturers.

CNH Industrial Launches New Organizational Structure

January 14, 2019 | Posted in Ag Equipment Worldwide

CNH Industrial announced it is laying the foundation for accelerated global growth and profitability by changing its organizational structure and strengthening and focusing its Global Executive Committee.

2019 Could Continue Challenging Argentina’s Ag Sector

January 14, 2019 | Posted in Ag Equipment Worldwide, Data & Trends

While fourth quarter sales figures had not been released as of this writing, it’s clear that 2018 was a challenging year for the Argentinian agricultural machinery industry. Reportedly, some companies were unable to meet their payrolls in December.

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Ag Equipment Worldwide
RSS

Australian Tractor Sales Decline After 5 Years of Growth

Massey Ferguson Tops List of Tractors in Use in Ireland

AGCO Plans Further Expansion as Beauvais Logistics Center Opens

Väderstad Revenues Hit Nearly $340M in FY18

Kuhn Reports 12% Revenue Increase in FY2018

‘Mancel’ is New European-Built Tractor Brand from YTO of China

Titan International Signs Letter of Intent for Settlement Put Option

2018 French Tractor Sales Manufacturers’ Market Share

CNH Industrial Launches New Organizational Structure

2019 Could Continue Challenging Argentina’s Ag Sector

Get all things Ag Equipment Intelligence all the time!

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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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