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.
Used equipment pricing is continuing on its downward trend. According to the latest Dealer Sentiments Report, dealers reported used equipment pricing was down 2% year-over-year in August.
Speaking at World Dairy Expo on Oct. 4, in Madison, Wis., Secretary of Agriculture Tom Vilsack said USDA is expecting 2024 to be the third-highest export year for dairy products.
A few days ago my wife emailed me a link to Farm Equipment’s guest blog penned by Duane Scholten from Scholten’s Equipment. She knows I’m not afraid to cast an opinion … especially related to the farm equipment industry. Even though I don’t believe I’ve met Duane, based on his column and bio it seems we have a few things in common. Where we differ in opinions is in the title of his op-ed: “Root Cause of the ‘Ripped Up Deal' – Volume Discounts.”
Today the top 100 dealers all have 10 stores or more! The top 20 dealers average 36 stores each and average 1,500 employees each! Who do you think waves the big stick at dealer meetings today? Sometimes I wonder about anti-trust/monopoly implications.
The Associated Equipment Distributors (AED) submitted its priorities to the House Ways & Means Committee’s Republican Tax Teams on Oct. 15, focusing on key member priorities.
Greg Petras, president of Kuhn North America, says despite the current market challenges the company is continuing to invest in its facilities, people and products. In October 2024, Kuhn welcomed the Assn. of Equipment Manufacturers' Manufacturing Express to celebrate its workforce but also educate them about the pro-manufacturing policies that AEM advocates for.
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.