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What Can CNH Industrial Expect from New CEO Scott Wine?

February 15, 2021 | Posted in Ag Equipment People

With the retirement of former CNH Industrial CEO Hubertus Mühlhäuser in early 2020 and following Suzanne Heywood’s period as interim CEO, CNH Industrial recently appointed its newest CEO: Scott Wine.

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CNHI Ag Sales Up 11% in 3Q20

November 12, 2020 | Posted in Earnings Reports

CNH Industrial posted solid third quarter earnings, largely due to increased demand for the agriculture segment. The company says all divisions performed ahead of earlier expectations. Consolidated revenues for the quarter were $6.5 billion, up 2% vs. the same period of 2019.

AGCO Sales Down 17%; Results Better Than Expected

August 15, 2020 | Posted in Earnings Reports

AGCO posted net sales of slightly over $2 billion during the second quarter of 2020, which was down 17% vs. the same period a year earlier. Net sales for the first 6 months of 2020 were about $4 billion, a drop of nearly 11% compared to the same period in 2019.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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