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.
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.
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