Home / AGCO

Articles Tagged with ''AGCO''

AGCO Reports 4Q20 North America Net Sales Down 10.2%

February 4, 2021 | Posted in Earnings Reports

AGCO reported net sales of approximately $2.7 billion for the fourth quarter of 2020, an increase of approximately 8.1% compared to the fourth quarter of 2019.

AGCO and Dana Strike Gold in European Tractor of the Year Contest

January 20, 2021 | Posted in Ag Equipment Worldwide

AGCO’s European tractor operations have been celebrating a near clean-sweep of category wins in the 2021 round of the Tractor of the Year award presented by 26 of Europe’s agriculture publications.

The Future of AGCO After Richenhagen

January 15, 2021 | Posted in Analysis & Commentary, Ag Equipment People

In August of last year, AGCO announced its CEO Martin Richenhagen would be retiring on Dec. 31, 2020, with Eric Hansotia, its then COO, assuming the CEO role. Ag Equipment Intelligence editors reached out to key analysts in the industry to see what impact Richenhagen had on AGCO’s direction, what successes he’ll be remembered for and how Hansotia will fill his shoes.

AGCO Announces New Investment in Argentina

December 15, 2020 | Posted in Ag Equipment Worldwide

AGCO has announced a new investment of $1 million in its factory of General Rodriguez, province of Buenos Aires, in Argentina.

AGCO in Pact with Geringhoff for Fendt Combine Headers

December 14, 2020 | Posted in Ag Equipment Worldwide

Buyers of Fendt Ideal combines in North America and selected other markets can order their machine with a specialist header following an agreement between AGCO and German manufacturer Geringhoff.

AGCO Installs Solar Energy System for Illinois Manufacturing Plant

December 10, 2020 | Posted in Technology

A new solar energy system is expected to provide both economic and environmental benefits at AGCO’s facility in Assumption, Ill., generating approximately 20% of its power requirements.

AGCO Fails to Challenge Two Patents in Deere Lawsuit

December 4, 2020 | Posted in Ag Equipment Business

According to a report from Bloomberg Law, AGCO has lost challenges it made in court to invalidate two of Deere's patents involved in a lawsuit filed in 2018.

AGCO Stockholder Requests Separation of CEO & Chairman Roles

November 17, 2020 | Posted in Ag Equipment Business

According to a report from Bizjournals, India-based Tractors and Farm Equipment Limited (TAFE), which owns a 16% stake in AGCO, filed a report with the SEC requesting that AGCO separate the positions of CEO and Chairman of the Board "to better fulfill the board’s duty of oversight of the company."

AGCO Reports Sales Up 18.4% in 3Q20

November 12, 2020 | Posted in Earnings Reports

In its third quarter earnings for the year, AGCO reported total sales of $2.5 billion dollars, up 18.4% from $2.1 billion in the third quarter of 2019. For the first 9 months of 2020, total sales were $6.4 billion, down 1.5% from $6.5 billion in the same period last year.

AGCO Committed to Massey Ferguson Brand

November 12, 2020 | Posted in Ag Equipment Business

Throughout 2020, AGCO has been focused on expanding the Fendt line and dealer network in North America, and that has some Massey Ferguson dealers concerned about the future of the Massey brand. AGCO, on the other hand, asserts the Massey Ferguson brand isn't going anywhere.

Image of a desktop, a phone, and newspaper

Get all things Ag Equipment Intelligence all the time!

Start Your Membership

Current Issue

Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

AGCO Faces Lawsuit from Indian Tractor Manufacturer Over Ended Partnership

CNH Lowers 2024 Outlook Amid Lower Demand & Higher Dealer Inventories

Big Deere Dealers See Growth in Non-Ag Stores, Others Trend Toward Ag

Must Read Free Eguides

Download these helpful knowledge building tools

Big Dealer Consolidation Continues in 2024

In this episode of On the Record, brought to you by Weasler Engineering, we break down the key takeaways from Ag Equipment Intelligence's newly released 2024 Big Dealer Report. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, CNH Industrial reports a drop in ag sales, AGCO combine and application equipment sales are down year-over-year and a UK New Holland factory strike could impact North America.

I am interior.sidebar.ad.5 EC area