AGCO snares net sales of US$2.61 billion for the second quarter of 2026
AGCO has managed solid second quarter net sales of US$2,609.7 million, representing a modest 1.0% decline when compared to the same time last year. But some analysts have pointed out the result is a more significant 3.7% decrease when excluding favourable currency translation benefits. This run-on affect is prevalent with many companies’ current financial performance […]
CNH spotlights A Sustainable Year in a digital magazine release
CNH charts its progress in brand manufacturing of sustainably advanced agriculture and construction models in a comprehensive magazine It has become even more obvious that CNH has thrown away the single badge, nothing to do with each other marketing theme it promoted for over 20 years when it drew the Case IH badge into its […]
CNH Industrial releases second quarter 2025 sales results
CNH management is confident it has everything in place to improve on the Industrial Q2 sales result of US$4.02 billion that was down 16% compared to Q2 2024 CNH Industrial, best known for its Case IH and New Holland badges, today reported sales results for the three months ended 30 June 2025, Q2, with consolidated […]
Deere stems negative tide with a second quarter sales decrease of 16%
John Deere models may be leading the way out of the tractor sales slump with a 16% drop for Q2 much better than the 30% drop in Q1 The John Deere badge may be leading farm tractor and equipment manufacturers out of the sales-drop doldrums. The three-month second quarter sales results, revealed at a 16% […]
AGCO and SDF strike a deal to mass market tractors in the low-power segment
The Massey Ferguson badge will get the most benefit from the AGCO SDF partnership with a range of tractors from 18 to 63kW (25 to 85hp) AGCO, already a global leader in the design, manufacture and distribution of tractors, along with agricultural machinery and precision ag technology, is about to strengthen its offering in the […]
Deere reports first quarter 2025 net sales and revenue decrease of 30%
Deere & Company reported net income of US$869 million for the first quarter ended 26 January 2025, compared with net income of US$1.751 million for the quarter ended 28 January 2024. Worldwide net sales and revenues decreased 30% to US$8.508 billion, in the most recent quarter. Net sales were US$6.809 billion for the quarter, compared with US$10.486 […]
President Donald Trump’s daily ramblings could disrupt an already fragile farm equipment market
Putting aside the daily ramblings of Donald Trump, such as taking over the Gaza strip and replacing the bombed-out homes with his version of the French Riviera. In the process, displace the estimated 2 million Palestinians who had the impression a peace treaty was in place and they could move back home, following constant bombings […]
CNH Industrial full year results for 2024 confirm sales decline continues
The long anticipated results reported by CNH Industrial for the twelve months ended December 2024 show sales volumes are down US$5 billion Worldwide sales for CNH Industrial in calendar year 2024, including leading badges Case IH and New Holland have been reported as consolidated revenue of US$19.84 billion, down 20% when compared to 2023. Net […]
Apprentice Incentives of $10,000 leaves key industries behind
According to the Independent Tertiary Education Council Australia (ITECA), the Australian Government’s announcement of a $10,000 incentive payment to attract apprentices into the residential construction and clean energy sectors is a positive step for those industries but falls short of addressing the significant skills shortages felt by businesses across the Australian economy. The Independent Tertiary […]
Mahindra reports tractor sales of 324,327 in their domestic market in 2024
Mahindra and Mahindra Ltd reported a 16% rise in overall vehicle sales in December 2024 to reach 69,768 units, for all divisions. Amongst this impressive tally were Ute sales soaring by 18%, while commercial vehicles reached 19,502 units. Meanwhile, Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) part of the Mahindra Group, reported a 22% […]