Worldwide net sales and revenues decreased 1%, to $15.412 billion, for the fourth quarter of fiscal 2023 and rose 16%, to $61.251 billion, for the full year.
During a presentation at the 2023 Associated Equipment Distributors (AED) Summit, held Jan. 10-12, Pinion Principal Marc Johnson forecast 4-6% growth in large ag equipment sales for 2023.
The 2023 Ag Equipment IntelligenceDealer Business Outlook & Trends report included survey data that shared what issues are keeping North American dealers “up at night” along with how those same concerns ranked on the list in 2022.
CNH Industrial held its first ever Tech Day on Dec. 7-8, highlighting recent advancements in its tech portfolio, including its own autonomous electric tractor prototype and the world’s first tractor powered by liquefied natural gas.
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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.