In today’s newscast, we look at the possibility that ag equipment sales could see a bottom in 2017, an “Amazon” approach for precision services and products, projected growth in the rural lifestyle segment, Buhler Industries year-end financial results, and Mahindra’s unit sales for December.
Indian tractor maker, Mahindra, closed out fiscal year 2013 with a strong sales in the U.S. market. While its tractor sales remained moderate in India, the company posted 30% growth in retail sales in the U.S., selling over 10,000 tractors. Additionally, wholesale numbers grew by 7% for the last fiscal year.
Indian tractor maker, Mahindra & Mahindra’s Farm Equipment Sector reports that its total tractor sales (domestic + exports) for January rose 73%, to 16,879 units vs. 9,759 in January 2009.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.