I've read on many occasions that the '06 series was ready to go in 1958. They could have completely skipped the 40-60 series tractors altogether, and pretty much killed everybody, including John Deere.
From my observations, it looks like IH was deathly afraid of pushing too much new technology out there at once. Just look at the period from 1952 through 1958. There were FIVE series of tractors (M, Super M, Super MTA, 400, 450) put out during that time, each with relatively minor improvements over the last. If IH had just gone from the M to the Super MTA to the 560 to the 806 in the same time period, they'd still be alive and kicking as an independent manufacturer, and the green guys would be buying their tractors at the CaseDeereNewHolland dealer.
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Today's Featured Article - Tractor Profile: Ford 600 Series - by Staff. The Ford 600 Series tractors bean production in 1954, and continued until 1957. Quite similar to the Ford NAA (Golden Jubilee) in design, it used the same 132 cubic inch Red Tiger engine with 31 horsepower. Several different models were made in the 600 Series, and these numbers were used to denote whether they used a particular transmission, hydraulic system, or PTO. The result was five different model numbers: 620, 630, 640, 650 and 660. These break down as follows:
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