Overall responsiveness industrywide to compact tractor website customer inquiries has plenty of room for improvement. “On average, 57% of customers received no personal response when they inquired online about buying a compact tractor,” said O’Hagan.

Net sales increased by 26% to $982 million. Organic sales growth was 8%, changes in exchange rates contributed with 14% and acquisitions with 4%.

The new facility celebrated its grand opening Jan. 25. It is the second, new Bobcat PDC opened in the past months to meet growing demand for Bobcat equipment in the marketplace. 

Pursuant to a mutual agreement signed today, Henric Andersson will leave his role as Board Member of Husqvarna AB and CEO of Husqvarna Group, effective immediately.

Doosan construction equipment will be rebranded as Develon effective immediately, according to a Jan. 18 report from Equipment World.

A Jan. 16 report from Dubois County Free Press stated that Arrowhead Engineered Products will close the Stens facility in Jasper, Ind., later this year and incorporate it into the company's new Portland, Tenn., location.

Polaris reported record full year 2022 sales of $8,589 million, up 15% compared to the previous year.