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Innovation Was the Name of the Game at Agritechnica 2019
HANNOVER, Germany–For many years, Agritechnica has been growing and strengthening its role as the top European agricultural trade show. Despite the struggles that the industry is facing, with declining order books and a less than enthusiastic outlook for 2020, Agritechnica 2019 held here Nov. 11-16, 2019, reaffirmed its position as the most important ag tech event in Europe. The show reported 2,820 exhibitors and 450,000 visitors, more than 130,000 of them from outside Germany.
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Look for Agritechnica 2019 Reports Here
Agritechnica 2019 begins Nov. 10, 2019, in Hannover, Germany, and analysts from Power Systems Research will be walking the halls gathering data and photographs on the latest products and trends. We’ll have their report here for you.
Agritechnica is one of the world’s largest exhibitions for agricultural machinery and equipment. This event showcases products such as tractors, transport, and harvesting technology, and equipment. Don’t miss our reports. PSR
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VW Plans To Add €1 Billion for Electrics
Volkswagen’s commercial vehicle subsidiary Traton says its MAN, Scania and Volkswagen Caminhões e Ônibus (VWCO) brands plans to invest more than one billion euros in e-mobility by 2025.
“Our goal is to become the leading provider of e-trucks and e-buses,” explained Traton CEO Andreas Renschler, mostly through research and development. Traton is developing a common modular electric powertrain to be used by all brands, much like Volkswagen’s MEB platform.
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Manitou Prepares for Slowdown after Record H1 2019
PSR Analysis: Manitou group reported a particularly strong H1 2019 with 24% growth over H1 2018. Michel Denis, Chief Executive Officer, said: “Over the first half of the year, business was very strong in our markets, as well as in almost all geographical areas,” he said.
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Daimler and BAIC Relationship Becomes Stronger
Ola Källenius, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: “We are very pleased that our long-standing partner BAIC (Beijing Automotive Group Co. Ltd.) is now a long-term investor in Daimler.”
Daimler and BAIC are linked in a long-term partnership. Daimler has been shareholder of BAIC Motor since 2013.
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