The plight of U.S. farmers — who are facing low crop prices, high input cost and interest rates, and consecutive natural disasters — is clearly on the minds of the Senate members, as is the current $45 billion agricultural trade deficit and failure by Congress to reauthorize the Farm Bill last year.
John Deere responded on Jan. 15 to a lawsuit filed by the Federal Trade Commission alleging that John Deere withheld self-repair capabilities from farmers and independent repair providers in violation of competition laws.
Deere and Company informed 112 employees at its Waterloo, Iowa plant that they will be laid off in January, 2025. In Davenport, 80 workers will also be losing their jobs after the new year, according to local news reports.
A federal court struck down the Corporate Transparency Act (CTA) and issued a nationwide injunction against enforcement of the law including its reporting requirements.
The letter requests Treasury issue guidance to confirm that off-road mobile machinery—such as electric bulldozers, excavators, sprayers, and forklifts—qualifies for the tax credit.
It is my opinion the Volume Bonus/Discount is the still the root cause for the ripped up deal, for all the reasons I already mentioned in my first response. Mr. Johnson is correct, it didn’t just start at the AHW-Lieb Ripped Up Deal, but it has been behind the scenes.
Having a good understanding of the current value of your dealership is more critical than ever. Dealers have been facing a tsunami of factors impacting their business and its growth — dealer market consolidation, manufacturer price increases, changing interest rates and commodity pricing, to name a few.
According to Robb Vanderloop, co-owner and CFO of Vanderloop Equipment (VE), the biggest challenge the 3-store dealership faces in terms of relationships with manufacturers is keeping all the manufacturers happy.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at the lawsuit the Federal Trade Commission filed against Deere & Co. over its repair business.
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