“Large agricultural dealers tend to have higher value late model large used equipment without the diversity of the market enjoyed by small agricultural equipment dealers," says Kim Rominger, president and CEO of the Equipment Dealers Assn.
The April report from the Assn. of Equipment Manufacturers also shows that sales of under 40 horsepower tractors are up nearly 11% compared with April of 2016.
Ratliff guided the company through a total of 21 acquisitions as it grew sales from $200 million in 1990 to over $5.4 billion in 2005 and retired as Chairman in 2006.
The report also shows that year-to-date sales of 2WD 40-100 horsepower tractors were down 3.6%. For the month of March compared with March 2016, sales of 2WD 40 horsepower tractors were up 9.8% and sales of 2WD 40-100 horsepower tractors were up 1.6%.
Tractors under 40 horsepower also had year-to-date gains of 11.7%. U.S. retail sales for 2WD tractors of 40-100 horsepower declined 5.0% in November and were down 4.2% year-to-date.
U.S. retail sales for 2WD tractors under 40 horsepower gained 7.3% for October and October year-to-date sales were the only machines in positive territory with 11.2% growth.
Sales of 2WD tractors under 40 horsepower gained 16.8% in September (compared to last year), with year-to-date sales up 11.7%. September sales of 2WD tractors 40-100 horsepower were up 3.9% year-over-year, but year-to-date sales were down 4.3%.
U.S. retail sales for 2WD tractors under 40 horsepower gained 21.2% in August compared to a 6.3% decline in July, with year-to-date sales up 11.0%, according to the Assn. of Equipment Manufacturers.
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.