Mahindra world's largest Tractor Mfg

[kevanos]

www.thehindubusinessline.com/2008/08/19/stories/2008081952350100.htm

Mahindra is buying 51% of Yancheng Tractor, manufacturer of Huanhai Jinma tractors (or Jinma for short). With that purchase, it puts Mahindra ahead of the other tractor manufacturers, moving it from 3rd place to 1st place, in number of units sold.

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[Woodbeef]

But how many of those tractors are over 60 hp? I'd wager less than 10% of total sales of Mahindras on a world wide basis.

[kevanos]

Mahindra, prior to this purchase, had very few models 60hp and over, one of which that's sold in the USA is built by Tong Yang Moolsen in S.Korea. Jinma actually has more models 60hp+ than does Mahindra. They are stronger in under 60hp, by far.

[CMunger]

Mahindra is a very aggressive marketer, the proof is how well they have done in the US no matter what make the tractor, with their label. To be commended

[kevanos]

Yes, it's interesting the Mahindra is not only selling their tractors in the USA, but also models built by Mitsubishi in Japan, Tong Yang Moolsen in S.Korea, and one model (so far) built by their j.v. in China (Jiangling).

It's nothing new, I guess, since many (most) manufacturers sell models built by other companys or joint ventures.

[cyrush]

Argo group, comprising "McCormick, Landini, Laverda, Valpadana, Galligani & Fella brands" have sold 49% to Mahindra Mahindra, according to information from sources within the group??

[dom]

And didnt Kama recently buy a large chunk of McCormick?

[kevanos]

I don't find anything on any deal between Mahindra and Argo. I'm thinking the info is incorrect.