Re: why did IH fail?

Posted by Dan 3588 on November 03, 2004 at 15:21:50 from (205.188.117.13):

In Reply to: why did IH fail? posted by caseyc on November 03, 2004 at 12:13:42:

Personally, I think the 06s were pretty good machines. All they really did on the 56 series was increase the engine a little and change the shift. IH failed because profits became more important to them than product. And when they finally realized they needed to emphasize their product, it was too late. They survived the 400 gas hogs, and the 60 series. But when they didn't learn their lesson and the 06s became the 66s, and then the 86s, John Deere had passed them buy. Their last Hail Mary, though the 88 series were good tractors, came up short because it entered the market when the market was in steep decline. Not reinvesting their profits in development for sake of more profits (or short term thinking) bit them in the butt.

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