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Sonalika Tractors Eyes 5 New Markets, While Aiming for 20% Growth

March 1, 2018 | Posted in Mergers & Acquisitions

After receiving positive responses from farmers in Europe and Asia, Sonalika Tractors, part of International Tractors Ltd. (ITL), is looking to expand its reach in 5 more markets. Apart from expanding its reach, the company is also aiming for 20% growth in 2018 based on its Indian business and other markets it is already catering to.

Dealers Push Parts to Pick Up Slack in Wholegood Sales

March 1, 2018 | Posted in Earnings Reports, Mergers & Acquisitions

North American unit sales of new and used high horsepower farm machinery started their downhill slide in 2014 and it wasn’t until late 2017 that the industry began to see some pick up. During that period, farm equipment dealers renewed their efforts to increase the sale of parts and service.

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Claas Doubles Business in 5 Years, as Predicted

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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.

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