Articles tagged under: AGCO

Revenue Up for AGCO

Published May 7, 2026

AGCO posted first-quarter net income of $55 million, up sharply from $10.5 million one year ago. Net sales increased 14.3 percent to $2.3 billion. The company cited positive demand for high-horsepower tractors and precision ag technology. AGCO also credited tighter…
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AGCO Sales Soften if Q3

Published November 7, 2025

AGCO reports net sales of $2.5 billion for the third quarter, down nearly five percent from the same quarter in 2024. North American sales declined more than 32 percent. The most significant sales declines were in high-horsepower tractors, sprayers and…
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AGCO Reports Third Quarter Results

Published October 31, 2025

AGCO had net sales of $2.5 billion in the quarter that ended September 30, down 4.7 percent from a year earlier. AGCO President/CEO and Chairman Eric Hansotia said political shifts and global trade tensions influenced farmer sentiments, especially in North…
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AGCO & TAFE Settle Dispute

Published October 1, 2025

AGCO has completed the sale of its ownership stake in India-based Tractors and Farm Equipment Limited for $260 million. The two companies have been in a dispute over the rights to the Massey-Ferguson brand. TAFE now takes ownership of the…
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Judge Rejects AGCO Appeal Request

Published September 25, 2025

A federal court rejected AGCO’s appeal attempt in the right-to-repair lawsuit against John Deere. AGCO filed the motion after the court ruled Deere would have access to sensitive business information from its competitors, AGCO, CNH Industrial and Kubota. AGCO’s appeal…
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AGCO Appeal

Published September 23, 2025

AGCO is taking a rare step in the legal process over John Deere’s right-to-repair lawsuit. Last month, a federal judge ruled Deere would have access to confidential business information from AGCO, CNH Industrial and Kubota. AGCO filed a motion to…
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New Leadership for PTx

Published August 12, 2025

AGCO has announced the appointment of Brian Sorbe as president of PTx, effective August 25. Sorbe spent 14 years at Topcon Positioning Systems, including time as senior vice president and general manager. Sorbe began his precision ag career at Ag-Chem…
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Deere Wins Access to Competitor Info

Published August 12, 2025

A federal court in Illinois is giving John Deere access to confidential business information from CNH Industrial, Kubota and AGCO. This information was acquired by the Federal Trade Commission in its investigation into the right-to-repair lawsuit. The court said giving…
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2Q Sales Decline for AGCO

Published July 31, 2025

AGCO reports net sales of $2.6 billion for the second quarter, down nearly 19 percent from the same period last year. The company cited delayed purchasing decisions in several parts of the world due to the difficult farm economy. In…
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