Total November sales of 2WD tractors declined 0.9% compared to last year: a 2% gain for under-40 horsepower tractors, a 7.8% drop for 40-100 horsepower tractors, and a 4.4% gain for 100-plus horsepower tractors.
U.S. sales of under 40 horsepower tractors were up 2% compared with September of last year. Year-to-date U.S. sales of 40-100 horsepower tractors were up 1.5% year-to-date and down 7% compared with September of last year.
August year-to-date growth totals for total U.S. sales of 2-wheel-drive tractors topped 8%, under 40 horsepower tractors gained 10.5% and 40-100 horsepower tractors grew 2.5%.
For 2WD tractors, June U.S. sales in the 100-plus HP category increased 16%, under-40 HP tractors grew 15%, and 40-100 HP 2-wheel drive tractors gained 4%.
"These tariffs target the vital parts and components used in equipment manufacturing throughout the U.S. They will also drive up the cost of manufacturing...," says the Assn. of Equipment Manufacturers President Dennis Slater.
Total U.S. sales of 2WD tractors for May gained 17% compared to May 2017, bolstered by gains of 20% in both the 100-plus horsepower and under-40 horsepower categories, according to the latest data from the Assn. of Equipment Manufacturers.
The survey identified eight provisions of the new tax code and asked respondents to rank them from the most beneficial to the least beneficial for their company’s respective operations.
According to the Assn. of Equipment Manufacturers' latest report, U.S. sales of 2WD tractors in the 40-100 horsepower range were up 7.4% in April and up 2.2% year-to-date. In Canada, sales for 2WD tractors less than 40 horsepower were up 5.2% in April and up 3.9% year-to-date.
According to the Assn. of Equipment Manufacturers, U.S. year-to-date sales of under 40 horsepower tractors were up 1.1% for the first quarter compared with last year and up more than 5% compared with March of last year. Canadian year-to-date sales of under 40 horsepower tractors were up 3.7% for the first quarter compared with last year and up 0.7% compared with March of last year.
Yanmar America is the North American headquarters of Yanmar Holdings. Ranked #1 in Product
Quality for five years in a row by the Equipment Dealers Association, Yanmar provides innovative
solutions for Rural Lifestyle and Industrial Equipment customers.
Yanmar was the world’s first manufacturer to develop a practical small diesel engine in 1933 and
has continued to push the boundaries of innovation and technology ever since. As a manufacturer of
diesel engines, compact tractors and utility task vehicles, construction machinery, and industrial
equipment, Yanmar's products are sold in over 130 countries.
At Yanmar America, we are committed to providing our customers with the highest quality products
and services, backed by a strong team of professionals who share our dedication to excellence. We
look forward to the opportunity to work with you in achieving your goals.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.