South Africa Tractor Sales Plunge on Cashflow, Political Concerns

The relatively buoyant tractor market in South Africa of the past 2 years has gone into reverse as weather-related and political issues weigh on farmer confidence and investment sentiment.

In 2017, manufacturers, distributors and dealers enjoyed a 10% boost in the market as sales grew to 6,460 units from the 5,850 units sold in 2016, and a welcome if more modest 3.9% increase last year to just over 6,700 units.

But signs that market growth…

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