More and more farm equipment in Canada is coming in for service or trade that’s had its software tuned or emissions systems removed by a third party with the intention of boosting performance. In this special Canadian Equipment Dealer report, we asked dealers to offer their perspective on this issue.
As dealer consolidation continues among North American farm equipment dealers, Ag Equipment Intelligence will continually update industry mergers & acquisitions, dealership openings and closings as they occur.
Ag Equipment Intelligence did its first survey of farm equipment dealer-principals in 2015 to determine the general age groupings of dealership owners. A follow-up survey was conducted in early 2019 to assess any possible changes in the average age of dealer-principal.
New Holland dealer Roberts Farm Equipment Sales will be merging with McGavin Farm Equipment, effective June 1, 2019. Robert’s has three stores in Chesley, Lucknow and Mount Forest, Ont., and McGavin’s has one store in Walton, Ont.
With the acquisition of Shearer Implement’s three dealer locations in Ohio, Ag-Pro Companies has raised its total stores to 82 in seven states. Twenty of the locations are in Ohio and all have been acquired since November 2018.
Deere & Co. is launching the Startup Collaborator program in its Intelligent Solutions Group to enhance and deepen its interaction with startup companies whose technology could add value for John Deere customers.
Nearly two-thirds of farm equipment dealers surveyed in earlier this year expect higher interest rates on retail equipment will cause their farm customers to think twice before deciding to buy new equipment in 2018.
While there are fewer “big” North American farm equipment dealer-principals or ownership groups at this point in 2018 than there were a year ago — 189 vs. 193 — this in no way signals a slowdown in dealer consolidation trends of the past decade.
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In this week’s episode we discuss Titan Machinery’s renewed focus on acquisitions in the U.S., one annalist’s take on how Blue River Technology could redefine farmer input costs, a double-digit drop in farmer sentiment and mixed results in large ag equipment sales during May. In the Technology Corner, we take a look at how dealers are shifting the way they bill service support.
Learn actionable sales strategies from the most influential “Dealership Minds” in the industry — of every color, size and experiences — during this one-of-a-kind event July 30-31 in Peoria, IL. You’ll discover leading dealer-to-dealer sales strategies during this 2-day networking and idea sharing event.