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Articles Tagged with ''OEM''

Rabobank: Consolidation Will Help Original Equipment Manufacturers Improve Efficiency and Grow

September 30, 2015 | Posted in Manufacturer & Dealer Issues, Data & Forecasts

After several years of rising row crop prices, a perfect storm of high crop production (in excess of demand), a sharp correction in grain values and contracting farmer margins in mid-2014 has resulted in declining sales of agricultural equipment sales. This trend is expected to continue through 2017, according to Rabobank's recent report, 'Contraction Today, Consolidation Tomorrow?"

Used Equipment Product Knowledge

By Dave Teigen posted on September 3, 2015 | Posted in Best Practices, Department Management

With the used equipment issue upon us and dealers and OEM's struggling to solve this issue, I would ask all of us if our sales staff is properly trained to sell used equipment?

Cervus Reports 1Q Revenues Up 43%

May 15, 2015 | Posted in Data & Forecasts

Cervus Equipment reported its first quarter revenues increased $71.5 million, or 43% compared to the same quarter last year. However, on a same-store basis, revenues were down $11 million or 7% vs. the first quarter of 2014.

AGCO Names Raven Industries as Strategic Partner

February 19, 2015 | Posted in Precision Ag Sales & Service, Manufacturer News

The new agreement builds upon a long-standing relationship by focusing on new product development and tighter integration of technology into machines.

Are Dealers Looking for New Parts Suppliers?

By Dave Kanicki posted on February 1, 2015 | Posted in Department Management

While farm equipment dealers rely on their OEMs for a large majority of their parts, at least one-quarter of them say they’ve changed parts suppliers in the past 3 years.

On The Record

Impact of High Milk Prices on Equipment Sales

March 21, 2014 | Posted in Dealers on the Move, Data & Forecasts, Manufacturer News

In today's newscast, we look what dealers can do when manufacturers push for purity, what the conflict between Russian and Ukraine could mean for North American equipment sales, the impact high milk prices will have on equipment sales, a shift from aftermarket to OEM sales for precision equipment and the latest financial results from dealer groups Rocky Mountain and Cervus Equipment.

Forecast & Trends

OEMs Getting More Aggressive with Incentives

October 28, 2013 | Posted in Manufacturer & Dealer Issues, Data & Forecasts

Farm equipment dealers say that end-of-the year selling has kicked in and manufacturers have gotten more assertive in offering incentives in an effort to boost sales.

Why Cervus Equipment Expanded Overseas?

March 20, 2012 | Posted in Dealer Succession

During the last decade, North American farm equipment dealerships have been consolidating at a rapid rate.

Forecast & Trends

Analyst Sees Slower Growing for Farm Equipment

March 19, 2012 | Posted in Data & Forecasts

It may be strong and stable in the near term, but we have longer-range concerns

Current Issue

Farm Equipment

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Big Dealer Consolidation Continues in 2024

In this episode of On the Record, brought to you by Weasler Engineering, we break down the key takeaways from Ag Equipment Intelligence's newly released 2024 Big Dealer Report. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, CNH Industrial reports a drop in ag sales, AGCO combine and application equipment sales are down year-over-year and a UK New Holland factory strike could impact North America.

Top Directory Listings

Yetter Farm Equipment

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 Mfg

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.

Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.