What is GREY market equipment?

“Gray Market” machines are machines that were produced overseas, may be labeled “new” and may cost significantly less than a new one in North America. These machines are sold without the consent of the manufacturer and may not meet all the EPA and safety guidelines for the North American market.

What is a GREY market Yanmar?

GRAY MARKET TRACTORS, EXCAVATORS, WHEEL LOADERS and CARRIERS [“Yanmar”] for intended use in Japan or other countries that are being imported into the United States and sold to U.S. consumers by third parties without Yanmar’s consent or authorization.

What is a GREY market tractor?

Gray-market tractors are tractors intended for sale in a country other than the United States, and then imported and sold here by someone other than the manufacturer. The most common gray-market tractors are from Japan.

Is gray market legal?

The gray market is an unofficial one but is not illegal. The term “gray market” also refers to the import and sale of goods by unauthorized dealers; in this instance as well, such activity is unofficial but not illegal.

Are grey market products real?

Essentially, grey market goods are authentic products ending up where they’re not supposed to be. Ricardo: So a counterfeit good is a fake product, as Nathan explained. So the product itself is not genuine. In the grey market case, the product is authentic.

What brand are gray tractors?

What exactly are Kubota gray market tractors? They are units designed and manufactured strictly for the Japanese domestic market. These gray market tractors made it into the United States through unauthorized channels, not through Kubota.

Who made gray tractors?

Company history. The Gray tractor has its origins in the orchard tractor developed by a New York fruit grower, W. Chandler Knapp. Knapp marketed his two-cylinder design as the Knapp Farm Locomotive, which was notable for its two rear drive wheels that were joined together to improve traction.

Are grey market products fake?

Are grey market products fakes? In one word, no. Grey market products are legal products being sold in non-authorised distribution channels. Fakes and counterfeits are a different challenge, with illegal and rip-off or look-a-like products being sold as though they were the genuine article.

Is selling grey market goods illegal?

And according to the Cambridge dictionary definition it is “an unofficial but not illegal system of selling goods”. Grey market trade can mean billions of dollars in revenue loss due to price differences, with a significant reduction in the brand equity and value perception.

Is the Zen Noh a Kubota?

To the farmer, seed, chemicals and equipment are all marketed. The equipment used to be rebadged as Zen-Noh. This included Combine Harvesters, as well as tractors. The tractors were manufactured by various Japanese manufacturers, such as Kubota and Yanmar.

Is buying GREY goods a crime?

“Grey” goods or parallel imports, are goods that have been imported into a country through unofficial or unauthorized distribution channels. Grey goods are not illegal. But because they have not been imported through official channels, if the good breaks, the official supplier will refuse to uphold the warranty.