Of the 12 product categories included in Ag Equipment Intelligence’s monthly Dealer Sentiments survey, only one has consistently shown positive results during the past 12 months when it comes to dealer sales — commercial and consumer equipment.
With nearly 3,000 companies including global giants and ambitious start-ups present at the recent Agritechnica show in Germany, there were plenty of innovations to attract the attention of serious investors or curious competitors.
North American large ag equipment sales continued to decline in October, according to the latest numbers released by the Assn. of Equipment Manufacturers.
Five years after Titan International first tried to enter the European farm tire market, the company is set to achieve that ambition by securing a licensing agreement with Goodyear Tire & Rubber Co.
One of China’s newest agricultural tractor and machinery manufacturers has given notice that it intends to carve out a share of international markets at the expense of established manufacturers in Europe and North America.
Deerland, headquartered in Fort Saskatchewan, Alberta, Canada, has joined JCB's dealer network as Deerland JCB. The company offers JCB equipment including Loadall telescopic handlers, wheel loaders, Telemasters, skid steers and compact track loaders.
North American large ag equipment sales declines continued in September. According to the latest unit sales figures released by the Assn. of Equipment Manufacturers, 4WD tractor sales are down 48.6% year-over-year (down 54.7% last month), combine sales fell 25.6% (down 28.1% last month), and row-crop tractor sales decreased 40.4% (down 30.9% last month).
Results from a revised Quarterly North American Agricultural Equipment Industry Trends survey from the Assn. of Equipment Manufacturers, indicate equipment makers are reporting similar outlooks for equipment sales for the coming year as their dealer counterparts (see the story on page 1 of this newsletter).
While more dealers are expecting new equipment sales to be as good or better in 2016 than they were in 2015, 39.7% of dealers expecting flat equipment sales isn’t necessarily optimistic when sales are already low.
Hendershot Equipment will offer the complete line of Mahindra products in addition to parts and service departments to serve those Mahindra products at its Stephenville, Texas, location.
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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.