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Re: International Harvester


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Posted by NY 986 on March 14, 2018 at 13:15:25 from (184.53.49.108):

In Reply to: International Harvester posted by cb in wisc on March 14, 2018 at 11:44:50:

Someday I will find an inexpensive way to read that. A couple of people that my dad knew had direct or indirect contact to people who worked at IH corporate maintained Navistar was pretty much 20 plus years in the making as a sizable group of stockholders and management want to shed or discontinue the Ag division. Both of these contacts actually were at a number of shareholder meetings. I don't think the 560 was as devastating as claimed in terms of reliability although it certainly did not help. Deere had its 4010 ready at a time when the market was shifting to 4/5 plow tractors and IH did not have a direct answer until Deere was ready to unveil the 4020 with a full range Powershift. Certainly there were other factors such as IH being too diverse for its management to handle in terms of products. Deere in the end understood that a strong financial division has a major positive impact on sales. Especially during the late 1970's when quite a few manufacturers had to turn to outside money which added to the purchase cost.


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