A positive financial year
AGCO/Fendt increased tractor sales by 18% in 2011 compared to the previous year. This trend continues this year too. According to the “Economic Barometer” of the German farmers’ agricultural association, farmers’ willingness to invest remains unchanged. In 2012, the manufacturer expects tractor sales to grow by 17%, to 17,500 units
Fendt’s market share in the segment of tractors above 51 hp stood at 24% of new registrations in August 2012, 0.5% higher than the previous year. Fendt thus holds a solid leading position on the market today. Compared to the previous year, 589 more Fendt tractors were registered.
By August 2012, a total of 21,251 tractors had been registered with Germany’s Federal Motor Transport Authority, 10.5% more than the previous year. Meanwhile, Fendt tractor registrations grew by as much as 13.1%.
