Sales of engines and turf products serving commercial applications increased by double digits, partially offset by lower job site sales due to timing of certain shipments.
About 40% of North American farm equipment dealers expect revenue from sales of new machinery to improve in 2020, while 37% forecast little or no change compared to 2019, according to Ag Equipment Intelligence’s 2020 Dealer Business Outlook & Trends survey.
While the El Nino Southern Oscillation (ENSO) climate pattern often influences the winter, neutral conditions are in place this year and expected to persist into the spring.
“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.
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