jm. The ratio of new parts to new whole goods sales would be way off if you just looked at brand of equipment that offered limited lines of equipment.
Your Kubota line has just started to branch out into multiple lines other than mainly tractors/compacts. Over time the parts business will increase. People keep implements much longer than tractors.
We had this issue with many short line equipment brands. You have to make the money on the up front deal because the parts sales will not be enough in later years.
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