Posted by WIZZO on January 25, 2015 at 14:54:43 from (81.131.243.230):
In Reply to: Kubota posted by jm. on January 25, 2015 at 14:12:56:
I'll post the next years' sales figures when they are published.
The average HP here is now 150HP. The livestock farmers have been purchasing tractors in recent years in 100-120HP bracket. But with the collapse in milk prices in past few months, the dairy farmers have stopped spending on anything.
The whole industry here is based on re-sale value at 3-4 years old at end of lease period. Both McCormick and Claas had good initial sales but mechanical problems cost them dearly, replacement sales vanished & secondhand values have been hit hard.
It will be interesting to see how Kubota fare over next few years against the big 4 established tractor manufacturers.
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