“As we look to 2020, we’re predicting equipment shipments to post gains of 2-5%, depending on the category,” says Kris Kiser, president and CEO of OPEI.
According to the latest data from the Assn. of Equipment Manufacturers, U.S. sales of under 40 HP 2WD tractors increased 2.1%, while sales of 40-100 HP tractors decreased 1.4%. For Canada, sales of under 40 HP 2WD tractors increased 9.1%, while sales for 40-100 HP decreased 4.2%.
The industry benchmarking study measured in-dealership treatment of U.S. UTV/side-by-side shoppers. Honda and Kawasaki were ranked second and third, while Mahindra and Polaris were tied for fourth.
According to a recent Husqvarna study conducted by Leger, 61% of Americans plan to integrate smart home technology to improve their lives and reduce daily chores.
For the quarter, the addition of Charles Machine Works and growth in the BOSS, rental and specialty construction businesses, all contributed to the results, according to the company.
Worldwide net sales and revenues decreased 3% for the third quarter of 2019 and increased 5% for 9 months. Company equipment sales are projected to increase by about 4% for fiscal 2019 compared with 2018.
In the U.S., under 40 horsepower 2-wheel drive tractors decreased 0.6%, while sales of 40-100 horsepower tractors grew 4%. In Canada, sales were down 11.1% for under 40 horsepower and 10.8% for 40-100 horsepower 2-wheel drive tractors.
According to the Assn. of Equipment Manufacturers’ latest sales figures covering the first half of the year, only mid-size tractor sales during the first 6 months of 2019 showed a deficit compared to the first 6 months of 2018.
Lessiter Media editors visited RhinoAG in Gibson City, IL to get a behind-the-scenes glimpse at the production processes and attention to detail that have contributed to their longevity as they celebrate their 90th anniversary in 2024.
Yanmar America is the North American headquarters of Yanmar Holdings. Ranked #1 in Product
Quality for five years in a row by the Equipment Dealers Association, Yanmar provides innovative
solutions for Rural Lifestyle and Industrial Equipment customers.
Yanmar was the world’s first manufacturer to develop a practical small diesel engine in 1933 and
has continued to push the boundaries of innovation and technology ever since. As a manufacturer of
diesel engines, compact tractors and utility task vehicles, construction machinery, and industrial
equipment, Yanmar's products are sold in over 130 countries.
At Yanmar America, we are committed to providing our customers with the highest quality products
and services, backed by a strong team of professionals who share our dedication to excellence. We
look forward to the opportunity to work with you in achieving your goals.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.