Maschio Gaspardo has invested in a production capacity increase at its factory in Romania where the group manufactures minimum tillage cultivators, moldboard plows and round balers.
Individual brand and manufacturer shares of Italian tractor sales remained stable in 2020, with New Holland’s dominant 20.4% slice of the cake slipping half a percentage point in a market down 3.4% overall on the 2019 figure.
Drive components and specialist tractor manufacturer Carraro Group recorded its lowest turnover in 12 years in 2019 as its principal sectors, agriculture and construction, felt the effects of a general slow-down in the global economy.
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.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.