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Farm Machinery
Machinery
What's really going on in the machinery business?
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<blockquote data-quote="bluegreen" data-source="post: 2103638" data-attributes="member: 969"><p>Which dealers will be under the biggest pressure I wonder.........................Our local AGCO dealer literally has no less than 15 Challengers parked in their yard and the majority are trade ins, that's a million pound plus of machines that have no obvious homes to go to!!</p><p></p><p>Claas must have a huge number of expensive secondhand Lexions sat in their various dealerships....................I just hope they don't bank with Deutche bank as they appear to be sinking fast according to Zero Hedge.</p><p></p><p>Many Deere dealers are loaded up with huge amounts of ex hire tractors as has been mentioned and lots of secondhand big 7 and 8000 series tractors.</p><p>Export markets appear flat for a myriad of reasons that wont be solved anytime soon. </p><p></p><p>And seeing as the world has just embarked on a huge downturn that thankfully the UK has so far avoided, I don't see machinery sales booming anytime soon..............there will no doubt be more dealership mergers on the way.</p></blockquote><p></p>
[QUOTE="bluegreen, post: 2103638, member: 969"] Which dealers will be under the biggest pressure I wonder.........................Our local AGCO dealer literally has no less than 15 Challengers parked in their yard and the majority are trade ins, that's a million pound plus of machines that have no obvious homes to go to!! Claas must have a huge number of expensive secondhand Lexions sat in their various dealerships....................I just hope they don't bank with Deutche bank as they appear to be sinking fast according to Zero Hedge. Many Deere dealers are loaded up with huge amounts of ex hire tractors as has been mentioned and lots of secondhand big 7 and 8000 series tractors. Export markets appear flat for a myriad of reasons that wont be solved anytime soon. And seeing as the world has just embarked on a huge downturn that thankfully the UK has so far avoided, I don't see machinery sales booming anytime soon..............there will no doubt be more dealership mergers on the way. [/QUOTE]
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What's really going on in the machinery business?
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