Some one is blowing smoke up your butt. While I do not like many of the current JD policies they are one of the best managed companies in the world. Fiat and AGCO would be the most likely to have financial issues. Fiat because of it massive loses in it car production. AGCO because of it lower profit margins and higher support costs. They are running about 7-8% while JD is at around 12-13% on equipment sold. IH folded because they tried running with a single digit profit margin and could not make it.
Kubota makes good equipment but even with it purchases of other companies it is no way close to being an industry leader in the market place. Will they be in the future??? I think they can be. You need to remember they are NOT a full line brand. They do not make combines or planting equipment. They have picked up tillage and hay tools but they still have a ways to go. I would bet on them over AGCO or CNH.
I think long terms someone will buy CNH. Fiat will eventually get in enough money trouble is its car division they will need to sell CNH for the cash. They have talked about it before.
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Today's Featured Article - Tuning-Up Your Tractor: Secondary Ignition Wires and Distributor - by Curtis Von Fange. In our last episode we spent the entire day checking out the spark plugs. Is that efficency? Actually, it took more time to explain than it really did to do the inspection. At any rate we decided that a compression test was in order so we could verify the internal engine status. That way we wouldn't buy any tune up parts until we were sure that the engine was in reasonable mechanical condition. Our tests showed a fictional compression reading of 85, 80, 82 and 86 psi. That is well within a
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