Kubota Growth Stymied by Struggling North America

Kubota Growth Stymied by Struggling North America

Kubota’s total sales for fiscal 2010, which ended March 31, were up 4.1 percent. However, sales in North America were down 36 percent.

Farm equipment and engine sales worldwide were down 16 percent.

Construction machinery sales worldwide were down 33 percent.

The company forecasts total sales for fiscal 2011 to be up 7.5 percent.

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