In an April 29 press release announcing an investment in the company's factory in Bad Saulgau, Germany, Claas said it would "discontinue the production of loader and forage transport wagons at the end of the 2022 season" to create additional capacity for ORBIS row-crop header production.
The Brazilian government announced it will start free registration of agricultural machinery vehicles in October. According to Brazil’s Agriculture Ministry, the registration will be completely free, and it aims to increase safety and security.
The agricultural fair known as the kick-off for the end of the soybean harvest in the Brazilian state of Rio Grande do Sul is also recognized for featuring the latest technologies, an opportunity for farmers to test-drive the combines and sign the contracts if they like the innovations they have seen.
Expoagro, the agricultural fair held annually in March in different locations of the Buenos Aires province, Argentina, gathered more than 100,000 people and 600 companies during its 2022 show.
Kubota upped its interest in Indian tractor manufacturer Escorts to 44.8% from 9.09% upon completion of a preferential offering by Escorts and an open offer to the latter's shareholders.
Buhler Industries, manufacturer of the Versatile and Farm King ag equipment brands, released a list of answers on March 23 to frequently asked questions regarding the company's ownership and management.
Titan International has entered into a definitive agreement for the sale of its Australian wheel business, to OTR Tyres, a local leading national tire, wheel and service provider. The closing date is expected to be Thursday, March 31, 2022.
In its latest earnings report, Titan Machinery forecast an 8-13% decline in international revenue for its fiscal year 2023, which "includes a reduction in revenue of approximately 75% from our Ukraine subsidiary compared to fiscal 2022."
French farm machinery manufacturer Burel Group is investing in additional production and parts warehouse capacity following a 2021 market described as ‘dynamic’ by managing director David Guy.
According to a recent report from Zeebiz, Antony Cherukara, CEO of Indian tractor manufacturer VST Tillers Tractors, a recent investor in Monarch Tractor, stated Monarch would launch its all-electric, autonomous tractor in VST Tiller Tractor's fiscal year 2023.
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In this episode of On the Record we take a look at the how dealer optimism has continued to fall, hitting a near record low, in May. In the Technology Corner Michaela Paukner follows up her last segment with a look at AGCO’s tech stack. We also discuss the California’s Occupational Safety & Health Standards Board’s rejection of a petition to amend a 70s era regulation limiting autonomous equipment. Also in this episode a look at Kubota’s dealer development plans and the full-line and tractor manufacturer results of EDA’s dealer manufacturer relations report.