Click here if you'd like to take the August 2025 News IQ quiz 1 before viewing the answers below.
Q: In what region of the United States did KIOTI open a warehouse designed to improve logistics and inventory management.
Q: Which major OEM recently announced the launch and availability of a new digital tool designed to enhance how equipment owners use, maintain, diagnose, repair, and protect their equipment?
A: John Deere.
Q: In reporting earnings for the second quarter ended June 30, 2025, AGCO reported net sales of $2.6 billion. How did this compare to the second quarter of 2024?
A: 18.8% decrease.
Q: In its Q2 earnings report, CNH Industrial reported consolidated revenues of $4.71 billion. What percentage decrease from Q2 2024 does this represent?
A: 14%.
Q: Which Farm Equipment news story topped the list of most read items in July?
A: Remembering a Legend — Bob Mazer.
Q: Apple Farm Service announced on August 1 that its Washington Court House (Ohio) location is now a full-service Kinze dealer. How many locations does the dealership operate?
A: 5.
Q: A recent On the Record segment offered data from Constellation Dealership Software's latest monthly market update. In June, what was the year-over-year change in revenue for tractor dealers?
A: 2% YoY increase.
Q: In reporting on mid-year equipment sales, data from the Assn. of Equipment Manufacturers noted combines have had the largest decline in unit sales for the first 6 months of the year. What percentage decline was reported?
A: –43%.
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