Re: Re: Another Reason IH Went Broke

Posted by dhermesc on January 05, 2004 at 05:51:14 from (65.141.162.228):

In Reply to: Re: Another Reason IH Went Broke posted by Paul in Mich on January 04, 2004 at 17:11:52:

The recall of the 560 didn't help the bottem line any. Then there was all the money they spent developing the TD24 and TD30 dozers. Everyone of those sold the first year where recalled and scrapped (to expensive to completely tear down and rebuild), made the 560 recall look like small potatoes. Then they had less turnover then the federal government, once you got a job short of burning down the plant you had it for life (or at least the life of the company). The productivity of IH employees always lagged John Deere, Cat and all the major auto makers. Most people don't know this but IH truck sales where larger then the entire farming division from about 1960 on. Given how easy the fast hitch is to convert to 3 point (if that was your main gripe) that alone could hardly stand in the way of sales.

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• Re: Re: Re: Another Reason IH Went Broke Paul in Mich 06:14:28 01/05/04 (0)

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