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 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.
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.
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.
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.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at CNH Industrial’s goals for growing its precision business by 2030.
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.
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.
GROW.MORE.PRECISELY. We are dedicated to creating innovative agricultural practices that help growers boost crop production and improve sustainability. With cutting-edge hardware, powerful software and truly unbeatable support, we take pride in creating and delivering solutions that empower farmers around the world.