increase font size
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.
Two of the South Island’s agricultural machinery dealers are undertaking strategic changes designed to deliver even greater specialist support to farmers.
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.
Horticulture New Zealand’s Board has welcomed the re-election of grower-elected directors Alistair Petrie and Doug Brown.
The bright ideas of New Zealand's primary sector have been celebrated with an announcement of the winners of the 2026 Innovation Awards.
Newly appointed Federated Farmers vice president Sandra Faulkner says she is honoured and excited to hold the role.
New Zealand's top fencers were out in force at National Fieldays this month, demonstrating their skills with the ever-reliable number 8 wire.
New Federated Farmers president Colin Hurst says he will ensure that farmer voices are heard loud and clear wherever decisions are being made.
Paynes Titus Excelsior ET, an LIC bull bred by Brad Payne and Claire Brodie in the Waikato, has won the JT Thwaites Sire of the Season 2026 Award.
OPINION: No one messes around with Winston Peters, more so in a general election year.
OPINION: Staying on Federated Farmers, this week's annual general meeting in Auckland is shaping up to be an interesting one.
