January Tractor Sales Up Slightly

Unit sales of four-wheel-drive tractors grew slightly in the U.S. during January.

The latest data from the Association of Equipment Manufacturers shows four-wheel-drive tractor sales increased 1.4% year-over-year and was the only segment to show growth in January.

“The slight gain in U.S. four-wheel-drive tractors is positive news as 2024 begins,” says AEM Senior Vice President Curt Blades. “While overall sales fell in both the U.S. and Canada compared to January 2023 sales, we remain optimistic about future long-term growth.”

Overall unit sales of U.S. tractors dropped 21.2% compared to January 2023 sales, while combine sales finished 4.9% below last January.