Quite simply, if CNH DOESN'T make "a decent profit" it's entirely mismanagement, which has plagued "International Harvester" since the late 50's and killed them in the late '70's/early 80's. They DO turn enough sales to be a thriving company. If they convert those sales numbers into a net loss, especially through a time when their #1 source of competition has netted record profits, they need to get out of the business.
Last I heard, the CNHI was the "industrial" end of the business (ie New Holland back hoes, etc...) That's been for sale for quite some time.
Once upon a time, the rumor was flying around about a potential buy out of AGCO by Caterpillar. I wouldn't be totally shocked if CAT stepped in and bought CNH (Ag and industrial) if it were to go on the market at "fire sale prices".
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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