September Tractor Sales. Escorts and M&M caught in cross fire.
Amidst the auto slowdown, we forgot the declining sales of tractors.
Tractors, which are generally catered to agriculture is not witnessing the massive production or 40%-50%decline in sales figures. It is been isolated from the automobile slowdown.
Herewith is the tractor sales numbers for top-two manufacturers.
The slowdown which started due to over-exuberance of the automakers leading to a massive inventory build-up will come back to normal levels.
Surely, the automobile sector is seeing a technological & consumer preference shift.
Tractor sales should also be picking up going forward on the back of above-average rainfalls & better farmers incomes and government thrust on the betterment of farmers produced.
Tractors, which are generally catered to agriculture is not witnessing the massive production or 40%-50%decline in sales figures. It is been isolated from the automobile slowdown.
Herewith is the tractor sales numbers for top-two manufacturers.
The slowdown which started due to over-exuberance of the automakers leading to a massive inventory build-up will come back to normal levels.
Surely, the automobile sector is seeing a technological & consumer preference shift.
Tractor sales should also be picking up going forward on the back of above-average rainfalls & better farmers incomes and government thrust on the betterment of farmers produced.
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