Russian dealer, Ekotechnika Group, which claims to be one of John Deere’s top three dealers in Europe, is blaming the collapse of the ruble and deteriorating financial and credit conditions in the country for its need to restructure its debt load.
While the market for compact and mid-range tractors in the U.S. continues at a brisk pace and big, production level equipment has nose-dived, the opposite is true in the Russian market.
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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.