rgsmitty
Member
Does New Holland make there own Diesel Motor. If not who does. Thanks /forums/images/graemlins/wink.gif
New Holland motors
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jwstewar
Elite Member
Don't know about on the big guys, but on the Boomer lines, Shibaura corporation of Japan makes the engines.
Robert_in_NY
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There are a few motors that are bought but CNH does make almost all of their own motors under the Iveco name which is a Fiat company (Fiat is the parent company of CNH).
Robert_in_NY
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The last I heard Fiat auto was the only part of the company that was hurting. Fiat itself is/was doing fine but I don't follow them too close as I have better things to do in my spare time (like talk about stuff I don't follow much /forums/images/graemlins/wink.gif). Anyway, CNH global is the largest ag company in the world or at leas that is what they tell us. I also think their construction division is one of the largest if not the largest as well. They had a couple tuff years after the Case-NH merger as was expected when you combine two huge companies like they did but the last couple years have been very good to them. But I am sure there are others on here who follow the stock numbers and can tell us how they are fairing in that arena.
In the end, I would be more scared to buy from Agco then I would CNH. In fact, I only buy CNH products (nothing against the other brands but I have good dealers for CNH).
In the end, I would be more scared to buy from Agco then I would CNH. In fact, I only buy CNH products (nothing against the other brands but I have good dealers for CNH).
Bob_Skurka
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Fiat is not doing great as far as the car company goes. Iveco is a strong division as is CNH. CNH is profitable and from what I can tell is not really under the financial thumb of Fiat as much as Iveco is. Kobelco and New Holland construction equipment are very large globally and turning a profit as well. At one time I owned the largest fleet of Iveco trucks in Indiana, we beat the heck out of those things and I can't say they were the best medium duty trucks, but they were worth what we paid for them and we got our money's worth out of them. I think they build them a bit light for their duty rating, we destroyed some of the suspensions but I don't think it was the fault of the trucks so much as the demands we put on them. It is a shame they pulled out of the US.
Worst case scenario with any profitable division of a multinational corporation is that the divisions get sold off to generate cash for the parent company. So under if Fiat bleeds too badly, it could sell off CNH and CNH could end up with a new owner. The tractors would likely still be the same. By the way, Fiat received a $2Billion payment from G.M. and right now is in decent, but not great shape. The Fiat family still has the controlling interest in Fiat motors, they seem to have big egos and really want their namesake car company to thrive. That may be a long term problem if they decide to bleed their profitable divisions, but so far that doesn't seem to be an issue now.
Hope that explains a bit about them. But there is no real concern about the stability of CNH. They are, by the way, the largest producer of AG equipment in the world. I have no idea where they rank in tractor sales, but they do produce a lot of non-tractor equipment in additon to tractors.
Worst case scenario with any profitable division of a multinational corporation is that the divisions get sold off to generate cash for the parent company. So under if Fiat bleeds too badly, it could sell off CNH and CNH could end up with a new owner. The tractors would likely still be the same. By the way, Fiat received a $2Billion payment from G.M. and right now is in decent, but not great shape. The Fiat family still has the controlling interest in Fiat motors, they seem to have big egos and really want their namesake car company to thrive. That may be a long term problem if they decide to bleed their profitable divisions, but so far that doesn't seem to be an issue now.
Hope that explains a bit about them. But there is no real concern about the stability of CNH. They are, by the way, the largest producer of AG equipment in the world. I have no idea where they rank in tractor sales, but they do produce a lot of non-tractor equipment in additon to tractors.
OffBalance
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Technically, CNH is not part of Fiat. CNH is a Dutch company (CNH N.V.) that is traded on the New York Stock Exchange as "CNH". Fiat Netherlands Holding N.V. is the largest and controlling shareholder. See http://cnh.com/corporate/governance.asp. Several directors are also Fiat employees.
Fiat definitely runs the show, but you can buy stock in CNH and not be buying part of Fiat.
Fiat definitely runs the show, but you can buy stock in CNH and not be buying part of Fiat.