Lot of things went wrong but most of it goes into poor management. Most manufacturers want to have 90 days minimum cash on hand for materials to make whatever it is they make. Some like even more. So most of industry likes about a 5-7% NET profit. IH's target was 2% to give investors a better return on their investment. Then add in things like staying with the TA instead of going with a power shift. The poor hydraulics mentioned by others. There was more than one reason people started buying other brands.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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