VMC Group acquires Fabreeka for $92M
VMC Group, an environmental solutions provider for heavy-equipment industries, has acquired Fabreeka Holdings in a $92 million transaction backed by ...
Tag: OEM
XCMG, ZF form ag equipment joint venture
Chinese heavy-equipment manufacturer XCMG Group and German vehicle technology provider ZF Friedrichshafen AG have formed a joint venture to develop ...
Kioti enters mini-excavator market
OEM KIOTI Tractor is expanding its construction equipment lineup with the launch of its MX Series mini excavators, marking the ...
Zoomlion expands global ag equipment push
Construction and agriculture equipment manufacturer Zoomlion is accelerating the global deployment of hybrid and intelligent agricultural machinery as it expands ...
John Deere Financial net income rises 18% in Q2
John Deere Financial’s net income increased in Deere & Co.’s fiscal second quarter as favorable financing spreads and derivative valuation ...
Workhorse CEO Scott Griffith on financing strategy, EV truck outlook
Commercial EV manufacturer Workhorse is sharpening its financing model as it looks to address residual value uncertainty and affordability concerns. The EV truck ...
CNH Industrial Capital originations drop 10%
CNH Industrial Capital saw originations slide and delinquencies rise in the first quarter amid ongoing agriculture industry woes. The financing arm ...
Volvo Financial Services originations drop 8%
Volvo Financial Services saw originations slide in the first quarter as construction equipment orders plunged at the parent company, partially offset ...
