The Brazilian National Assn. of Vehicle Manufacturers (Anfavea) reported tractor sales reached 2,863 units in March, a year-over-year increase of 0.4%, and up 20.8% vs. February 2020 when 2,346 units were sold.
The Brazilian National Assn. of Vehicle Manufacturers (Anfavea) released the total unit sales of agricultural machinery in the South American country for 2019.
AGCO’s Chairman and CEO, Martin Richenhagen, stirred things up in recent weeks when he charged that John Deere was slashing the prices of its tractors in South America in an effort to gain market share.
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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.