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| Gleaner was number 1 in the United States for units sold from the '60s through the '70s and were also number 1 in resale during that time. The N series hurt them but what hurt more was the Deutz buyout in 1985 which was set up because of AC taking their ag profits from the farm boom of the '70s and pumping it into the losing hydro dams, electrical transformer, construction equipment, ship engine divisions among many other divisions that all were losing money during the recession of the '70s (Carter cancelled Navy ship engine orders that hurt AC bad too) and then selling these divisions cheap before they could recover which hurt them in the '80s when those previous divisions would have started making money again during the '80s recovery. But instead they had no money to survive the farm crisis, no other divisions to make money during the '80s, the money they should have saved from the large ag profits they made a decade earlier. That's my take anyhow. | |
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Gleaner market share in the mid 1970's
