German Ag Equipment Sales Rose 9% Last Year

VDMA, the German Agricultural Machinery Assn., is reporting that German sales of farm equipment rose by 9% in 2013, to a new record of 8.36 billion euros ($11.4 billion). “Seen in the global context, the dynamics of the production site Germany confirms its top position,” says Dr. Hermann Garbers, chairman of VDMA. According to preliminary estimates by the Frankfurt-based VDMA, the agricultural machinery industry grew worldwide by 7% last year and overall sales in all…

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