Tractor and truck maker CNH Industrial's third-quarter profit fell as a stronger euro hurt its Latin American business and its truck business suffered from pricing pressure in a flat market. The sister company of Italian car maker Fiat stuck to its full-year targets on Thursday as a strong performance from high-margin agricultural machinery is expected to offset weakness in trucks and construction equipment.
Do you have a cell phone? Do you access the Internet regularly to find information? How about voice mail? Or a digital camera? Word processing or spreadsheets?
Fifteen years ago during a series of speeches I delivered to various equipment dealer associations throughout North America, I predicted that the agricultural equipment industry would lose between 25-40% of its dealers during the first decade of the third millennium.
Deere & Co.'s DE -4.71% fiscal second-quarter earnings rose 2.7%, but the company whittled its sales outlook for the year amid concerns that cool, wet weather in the U.S. will hamper this year's farm crop and hold down demand for farm machinery.
We see farm equipment dealers selling at no margin, or at a negative margin, just to get the parts and service business. Dealers are giving stuff away to protect their market share numbers
Cervus Equipment Corp., John Deere's only publicly traded farm equipment dealer group, reported last week that its net profit for the year increased by $6.5 million, or 35.6%, to $24.6 million for the year ended 2012 from $18.1 million in 2011.
Do you think of your dealer business management software as technology? How about the software applications on your personal computers and other electronic devices?
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.