Ag dealers leverage OEM discounts, rate cuts to move stale inventory
Agriculture OEMs are pulling back production and reducing dealer inventories through financial incentives, discounts and marketing support. The financing arm ...
Tag: OEM
Trucking industry recovery depends on limited downtime
Minimizing downtime, calculated production and overcoming labor shortages are imperative to the trucking industry’s continued recovery. The industry made headway ...
Ram Pro, Mercedes helping dealers reduce inventory
INDIANAPOLIS — Commercial vehicle OEMs are on the front lines with dealers working to reduce inventory levels and bring stability ...
Trump heads toward tariff barrage on Canada, Mexico, China
President Donald Trump is on the verge of slapping new tariffs on Canada and Mexico while doubling a levy on ...
Dealer ag equipment sales plunge, prompting OEM support
Dealer sales of new agriculture equipment plunged in 2024 as high interest rates exacerbated challenges facing farmers, prompting OEMs to ...
Toro’s Red Iron net receivables drop 6%
Red Iron, the finance joint venture minority owned by power equipment manufacturer The Toro Co., reported a decline in net ...
AGCO, Alamo Group sales fall in Q3
Farm equipment manufacturers AGCO and Alamo Group reported decreased sales in the third quarter, illustrating agriculture industry woes. Low commodity ...
Presidential election ’24: Implications for the equipment finance industry
The future of the equipment finance industry will be a bit clearer after today’s presidential election resolves, but regardless of ...
