The Brazilian National Assn. of Vehicle Manufacturers (Anfavea) reports August wheel tractor sales reached 3,558 units in the month — a 5.4% drop compared to July. But year-over year, wheel tractor sales improved by 6.7% vs. August 2019.
Argentina’s National Institute for Statistics and Census (Indec) reports that during the first quarter 2020, 228 combines were sold. This was down 23% year-over-year in units, but up 7.8% in value.
The Brazilian National Assn. of Vehicle Manufacturers (Anfavea) sales of wheel tractors came in at 2,614 units during June, which is down 14.74% from May sales. On a year-over-year basis, unit sales were down 23.3%.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.