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Used Equipment Sales Boost Dealers’ Top and Bottom Lines

September 14, 2020 | Posted in Dealers & Dealerships

“Finally, there are early signs that the ag industry may be finding new religion with respect to the trade-in practices that have created such a glut of used equipment in the market,” said Ben Cherniavsky, analyst with Raymond James, in a July 29 note on Rocky Mountain Dealerships’ (RME) second quarter earnings report.

On the Record

[Podcast] Canadian Dealers Report Tough 4Q & Full Year Results

March 20, 2020

In this week’s podcast, we discuss the continued challenges hitting Canadian dealers. We also take a look at how dealers have responded to the COVID-19 pandemic and how its impacting the commodities market. Also in this episode: How Bobcat’s return to tractors boosted its bottom line and digital strategies for dealers.

On the Record

Canadian Dealers Report Tough 4Q & Full Year Results

By Kim Schmidt posted on March 20, 2020

The latest episode of On the Record is now available! In this week’s episode, we discuss the continued challenges hitting Canadian dealers. We also take a look at how dealers have responded to the COVID-19 pandemic and how its impacting the commodities market. Also in this episode: How Bobcat’s return to tractors boosted its bottom line and digital strategies for dealers.

Cervus Equipment Diversifies Product Line with Purchase of Truck Dealerships

December 26, 2011 | Posted in Equipment & Equipment Sales, Mergers & Acquisitions

One of John Deere's largest dealer networks in Canada is spreading its wings with the signing of a letter of intent (LOI) to acquire certain assets of Frontier Peterbilt Sales, a group of truck dealerships in Western Canada. Cervus Equipment announced the move on December 6.

Publicly Held Ag Equipment Dealers Performing for Shareholders

January 1, 2010 | Posted in Earnings Reports

According to the analyst, Deere expects its worldwide sales and North American markets to deteriorate by 4% and 10%, respectively, but he expects Cervus to perform slightly better than its major equipment supplier.

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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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