Industry News

Cub Cadet Debuts RZT S ZERO Electric Zero-Turn Riding Mower

Cub Cadet, the leader in the outdoor power equipment industry, is pleased to debut a world-wide first - the only fully electric-powered zero-turn riding lawnmower with steering wheel control and four-wheel steering. An extension of the proven, award-winning RZT-S line, the incredible new RZT-S ZERO electric zero-turn rider offers premium performance, with the benefit of zero noise, zero gasoline or oil, zero gasoline emissions and zero cumbersome lap bars. Beginning in April, homeowners in select markets will have the opportunity to experience this ground-breaking new product at select dealers and as part of the Cub Cadet Test Drive Experience Tour.
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Mahindra USA Moves Ahead in Dealer Satisfaction

Mahindra USA, the number one selling tractor brand in the world based on volume, rises to the number two spot in dealer satisfaction according to the North American Equipment Dealers Association (NAEDA) 2013 Dealer-Manufacturer Relations Survey. In the category of major tractor manufacturers, Mahindra shows significant improvement in overall dealer satisfaction moving up a position in the rankings. Mahindra USA captured the top spot in several categories: Communications with Management, Marketing & Advertising Support and Product Availability.
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CNH Announces $500 Million Notes Offering

CNH Global today announced its wholly owned subsidiary, CNH Capital LLC, plans to offer approximately $500 million of notes due in 2018. The notes will be guaranteed by CNH Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Capital LLC. CNH Capital LLC is the North American arm of CNH's global financial services business.
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Specialty Vehicle Institute of America Board of Trustees Re-elects Officers for 2013

The Specialty Vehicle Institute of America's Board of Trustees re-elected its officers, including Chair Gary Higgins, senior manager, national service operations, motorcycle division at American Honda Motor Co.; Vice Chair Ken Bush, regulations manager at American Suzuki Motor Corp.; Secretary/Treasurer Russ Brenan, senior advisor of government relations and public affairs at Kawasaki Motors Corp.; and SVIA President Tim Buche.


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