Alex Chausovsky of ITR Economics discusses how dealers can prepare for the slight economic downturn expected in the industrial economy during the first half of 2020, followed by a rising trend later in the year. A more significant downturn is expected by 2022.
Times have been good in the rural equipment market, but there could be some dramatic changes coming and I want to share some ways your dealership can be ready.
Many experts see a lull ahead for the economy and dealer forecasts also show some moderation. It's always a good time to watch expenses, but especially now with uncertainty ahead.
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.