Click here if you'd like to take the June 2024 News IQ quiz before viewing the answers below.
Q: What dealership management software firm was hit by a cyber-attack and system outage last week?
A: Vital Edge. On June 18, software company CDK Global was hit by a cyber attack that caused a system outage, leaving 15,000 auto dealers unable to use their business system, reports the Wall Street Journal.
Q: What dealer group announced an acquisition representing an industry-first, common ownership of John Deere stores on both sides of the U.S./Canadian border?
A: Stotz Equipment. Stotz Equipment (2013 Farm Equipment Dealership of the Year) and Premier Equipment have pursued an opportunity to partner, as Premier welcomes investment to continue to strengthen capabilities and position both companies for growth.
Q: Which autonomous solution partner did New Holland announce a multi-phase partnership agreement with on June 25 for its North American tractors?
A: Bluewhite. New Holland, a brand of CNH, and Bluewhite, a leading autonomous technology company enabling AI-driven autonomous farming, announced a multi-phase partnership to collaborate on distribution, manufacturing and integration of Bluewhite’s autonomous solutions for New Holland tractors in North America.
Q: According to the June 2024 Farm Equipment, which of the following is the largest AGCO dealer in North America?
A: Ziegler Ag Solutions. The editors of Farm Equipment commissioned a new annual report in 2023 via the Farm Equipment 100™. Now in its second year, this compilation took a deep dive beyond the 13-year tradition of the Ag Equipment Intelligence Big Dealer report (a joint project with Machinery Advisors Consortium) to focus on the largest movers and shakers comprising the industry.
Q: Ireland-based implement manufacturer Major Equipment announced an agreement with which wholesale distribution partner?
A: Ellis Equipment Co. Major Equipment announced the appointment of Ellis Equipment Co as its full-service wholesale distributor of the Major Cyclone Rotary Cutter/Shredder in the Western USA.
Q: Which tractor manufacturer announced a strategic partnership on June 26 with Verizon to bring more reliable connectivity to remote farming areas?
A: Monarch Tractor – Verizon Business and Monarch Tractor, the pioneering force behind the MK-V, the world’s first fully electric, autonomous, smart tractor, announce a strategic partnership to support more sustainable farming practices with the use of autonomous tractors all connected via Verizon’s network.
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