Equipment Experts - Equipment Research

Tractor, combine sales eclipse 2020 totals

Despite a lot of headwinds in the industry, tractor and combine sales were strong for 2021, according to the December Flash Report from the Association of Equipment Manufacturers (AEM),. Total tractor sales in 2021 were 10 percent ahead ...

John Deere unveils fully autonomous tractor

During a press conference at CES 2022, John Deere revealed a fully autonomous tractor that's ready for large-scale production. The machine combines Deere's 8R tractor, TruSet-enabled chisel plow, GPS guidance system, and new advanced technologies. The ...

CNH Industrial announces new trading status

CNH Industrial officially commences 2022 trading on the New York Stock Exchange in the United States and Borsa Italianas Euronext Milan in Italy as a fully focused agriculture and construction player.This new beginning for the ...

Tractor, combine sales remain above five-year average

Tractor and combine sales continue to forge ahead, according to the November Flash Report from the Association of Equipment Manufacturers (AEM).Sales in the 100+ HP tractor were up more than 30 percent compared to November of 2020 ...

John Deere acquiring majority ownership in Kreisel Electric

Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric, a battery technology provider based in Rainbach im Mhlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, ...

CLAAS of America introduces used equipment program

CLAAS of America has announced CLAAS USED, a pre-owned equipment program for North America that combines the performance and efficiency of a CLAAS machine with professionally inspected and protected Certified units and special low-rate financing ...

AGCO invests in Apex.AI, developer of software for mobility and autonomous applications

AGCO has announced that it has made a 2.53 percent equity investment in Apex.AI, an emerging leader in safety-certified software for mobility and driverless vehicles.Apex.AI has differentiated itself with its software products by ...

Optimism for 2022, according to AEM survey

Stronger-than-expected growth in 2021 has manufactures feeling optimistic about the upcoming year, according to a recent survey from the Association of Equipment Manufacturers.According to the survey, more than 80 percent of AEM members anticipate rising demand ...

CNH Industrial completes acquisition of Raven Industries

CNH Industrial N.V. has completed its acquisition of Raven Industries Inc. The acquisition builds upon a long partnership and is an important milestone in CNH Industrial's digital transformation, the company says.Raven is a ...

Deere reports net income of $1.283 billion in fourth quarter

Deere & Company has reported net income of $1.283 billion for the fourth quarter ended Oct. 31, 2021, or $4.12 per share, compared with net income of $757 million, or $2.39 per share, for the quarter ended Nov. 1, 2020. For fiscal year 2021, ...

Monarch Tractor receives additional funding

Monarch Tractor has announced the completion of a $61 million Series B funding round led by Astanor Ventures, one of the world's leading sustainable food venture firms, with additional individual and independent contributions from CNH Industrial, ...

Deere adds implements for compact utility tractors to Frontier lineup

John Deere has added new material collection systems and a mechanical grapple to its Frontier equipment line. The new PTO-driven Frontier MC2014 and MC2120 Material Collection Systems offer 14- and 20-bushel capacity respectively for John ...

Tractor sales keep humming despite labor, supply chain disruptions

Major supply chain disruptions and a strike at a major tractor manufacturer does not seem to be slowing U.S. tractor and combine sales, according to the October Flash Report from the Association of Equipment ...

Mahindra launches new ROXOR

Mahindra has announced the launch of its new ROXOR off road SXS available at select Mahindra dealerships. Production has already begun in its Auburn Hills, Mich., assembly plant and product began shipping to dealers the ...

John Deere provides outline of contract offer to union

As the labor dispute between the United Auto Workers and John Deere continues, John Deere has posted details of the contract offer on its website: https://www.deere.com/en/our-company/news-and-announcements/newsroom/tentative-agreement/The ...

CNH Industrial enters into licensing agreement with Monarch Tractor

CNH Industrial has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor, a U.S.-based AgTech company specializing in fully electric autonomous tractors.The license agreement foresees the launch of ...

Ag Startup Engine invests in ag equipment startup

Ag Startup Engine, in the Iowa State University Research Park, has announced an initial investment in Ames, Iowa-based Salin 247, a startup that is developing small-scale, light-weight, electric-powered, autonomous farm equipment.We want to help growers ...

Supply chain issues cause temporary plant shutdowns for CNH Industrial in Europe

Supply chain issues continue to have wide-ranging impacts on the economy and are starting to put the brakes on equipment manufacturing.CNH Industrial has announced that its plants in Europe will be temporarily shuttered. The ...

September 100+ HP 2WD tractor sales strong

Strong sales of 100+ HP 2WD tractors in September helped buoy overall tractor sales for the month, according to September Flash Report from the Association of Equipment Manufacturers (AEM).The report indicated that sales in the 100+ ...

Deere & Company employees reject contract agreement

The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) informed Deere & Company Monday that its production and maintenance employees have voted to reject the tentative collective bargaining agreements that would ...

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