In a March 30 press release, Nokian Tyres announced it had completed the sale of its Russian operations.

The Claas Group Shareholders' Committee has appointed Jan-Hendrik Mohr as the new CEO effective April 1, 2023. The outgoing CEO, Thomas Böck, has decided to step down as CEO of the Claas Group to pursue new endeavors.

European nations producing automotive vehicles and equipment allied themselves against a proposed European Union (EU) ban on new combustion-powered vehicles set to start in 2035.

Mahindra & Mahindra Ltd.’s Farm Equipment Sector on March 20 completed its acquisition of MITRA Agro Equipments Private Limited (M.I.T.R.A) by increasing its shareholding from the existing 47.33% to 100%, making it a wholly owned subsidiary of Mahindra & Mahindra Ltd.

Used tractor inventory levels in Sandhills Global marketplaces rose again in February, continuing a long-term inventory rebound that began in Q2 2022 as various pandemic-related farm equipment production and supply chain constraints began to ease.