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Kubota’s global sales are on the rise.
Over the last few years Kubota has indicated it intends to become a major global player, and its 2015 results seem to confirm things are under way.
With a change to its fiscal year to end in December 2015, the final nine months showed sales of $US11.024 billion -- an increase of 9% over the same period in 2014. Export revenues rose significantly in North America from sales of compact tractors, and in Europe sales of tractors, construction gear and engines increased, though farm implements "stagnated", the company said.
Mechanisation increased in Asian countries, e.g. tractors and combines in Vietnam and China saw increased combine sales as the government reinstated subsidies; but sales in Thailand dropped because of a prolonged drought.
For the year 2016 the company is forecasting a rise in revenues of around 3.6%, driven by expansion in North America, Europe and Asia.
Ashburton-based Carrfields has announced that, from the New Year, it is officially authorised to sell Krone Forager Harvesters and Kubota Tractors across the Southland and Otago regions it represents.
Increasing its offering in New Zealand’s utility vehicle market, Kubota has unveiled its new RTV-X CAB and Long Bed models, purposebuilt to tackle tough farms, job sites and large-acreage properties.
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Kubota has announced plans to start field testing the autonomous hydrogen powered fuel cell tractor it recently unveiled at Expo 25 in Osaka Japan.
Kubota is thrilled to unveil three new models at National Fieldays this week.
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