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VST's October 2024 sales showed strong growth in tractors, but power tiller sales declined, impacting overall year-to-date performance.
VST has released its sales figures for October 2024, showing mixed success in tractor and power tiller sales. Overall, the company sold 2,463 units this October, a significant increase of 63.23% compared to October 2023.
In October 2024, VST sold 1,783 power tillers, which is a 46.15% rise from the 1,220 units sold during the same month last year. Tractor sales, however, saw an even bigger jump. The company sold 680 tractors in October 2024, a remarkable increase of 135.30% from the 289 tractors sold in October 2023.
Also Read: VST Tillers Tractors Sales Reports September 2024: 2,110 Power Tillers and 473 Tractors Sold
Category | October 2024 | October 2023 | Change |
Power Tillers | 1,783 | 1,220 | +46.15% |
Tractors | 680 | 289 | +135.30% |
Total | 2,463 | 1,509 | +63.23% |
The year-to-date (YTD) numbers show a mixed performance. VST's power tiller sales have decreased, with 19,108 units sold in 2024, down 9.33% from 21,074 units during the same time last year. In contrast, tractor sales increased slightly, with 3,279 units sold in 2024, marking a 2.05% rise from 3,213 units sold in 2023.
Category | YTD 2024 | YTD 2023 | Change |
Power Tillers | 19,108 | 21,074 | -9.33% |
Tractors | 3,279 | 3,213 | +2.05% |
Total | 22,387 | 24,287 | -7.83% |
Also Read: Escorts Kubota October 2024 Sales Report: 18,110 Units, 19.8% Growth
VST’s sales performance in 2024 has shown strong growth in October, especially in tractor sales, which increased significantly. However, the decline in power tiller sales over the year has impacted the total sales figures, even as tractor sales have slightly improved.