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 - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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