AGCO’s North American sales drop 32% YoY in Q3
AGCO reported a steep drop in North American sales during the third quarter as high interest rates and weak commodity...
Read moreDetails
News
Trump tells farmers to buy tractors, but there’s no rush yet
President Donald Trump wants farmers to go out and buy bigger tractors after the US reached a long-awaited trade deal...
Read moreDetails
Terex, REV Group to merge in $9B stock-and-cash deal
Equipment manufacturers Terex and REV Group will merge in a $9 billion stock-and-cash transaction, the companies announced today. The merger...
Read moreDetails
Penske, Rush F&I revenues drop amid truck sales slump
Truck dealers Penske Automotive Group and Rush Enterprises felt the pain of transportation industry woes in the third quarter, while Custom Truck One Source benefited from strong...
Read moreDetails
Farm bankruptcies rise, putting pressure on ag lenders
Lenders in the agriculture equipment and agribusiness sectors are facing increased pressure amid the downturn in farm performance. There were...
Read moreDetails
These 3 amendments to Uniform Commercial Code will impact equipment finance
Three key amendments to the 2022 Uniform Commercial Code will affect equipment finance transactions related to digital asset financing, true...
Read moreDetails
Cat Financial originations jump 7% amid data center boom
The financing arm of manufacturing giant Caterpillar reaped the benefits of strong equipment sales in the third quarter, with demand taking off...
Read moreDetails
Traton Financial Services revenue climbs 10%
Traton Financial Services, the financing arm of German commercial vehicle manufacturer Traton Group, posted higher revenue in the third quarter...
Read moreDetailsProud Member Of
Check Out Our Industry Event
