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 - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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