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AEI Newsmakers: October 2024

October 15, 2024 | Posted in Ag Equipment Business, Data & Trends, Dealers & Dealerships
  • USDA released its latest WASDE report on Oct. 11. JP Morgan analysts said, “We view today’s report as largely neutra...
  • According to CEMA’s survey of EU ag equipment manufacturers in October, 5% consider their current business to be...
  • VDMA reported German tractor registrations down 8% year-over-year in September (down 2% year-to-date)...
  • In the UK, the Agricultural Engineers Assn. (AEA) reported 50+ horsepower tractor registrations were down 19%...
  • John Deere announced plans on Oct. 14 to expand its John Deere Reman Core Center facility by...
  • AGCO announced layoffs at its Hesston manufacturing facility this week, following a 6% workforce reduction...
  • Texas John Deere dealer Tellus Equipment Solutions appointed Scott Miller chief executive officer...
  • On Oct. 1, Copperhead Ag announced plans to shift its sale strategy from direct to farmers...
  • Yokohama TWS appointed Elio Bartoli as its new company President, effective Dec. 1. Bartoli succeeds...

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AEI Newsmakers: August 2024

August 15, 2024 | Posted in Ag Equipment Business, Equipment & Equipment Sales
  • Doosan Robotics will merge with Doosan Bobcat by early 2025. Prior to the merger...
  • CNH announced the appointment of Ryan Schaefer as new vice president of New Holland Ag North America...
  • AGCO entered into an agreement to sell the majority of its Grain & Protein business to American Industrial Partners...
  • According to CEMA’s August survey of EU ag equipment manufacturers, 6% consider their current business... 
  • JP Morgan analysts view USDA’s Aug. 12 WASDE report as negative for U.S. farmers considering...
  • Trimble reported 2Q revenues of $870.8 million, down 12% year-over-year. For the full-year 2024...
  • Kinze announced Aug. 1 that it will be reducing its workforce. The reduction affects 193 of Kinze’s 815...
  • Alamo Group reported 2Q net sales of $416.3 million, down 5.5% year-over-year...

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