If you're someone who's curious about the ownership of Ford tractors, you've come to the right place. Ford tractors have a long history, with the Ford Motor Company starting its tractor division in 1917. Since then, a lot has changed, including ownership. In this article, we're going to take a closer look at who owns Ford tractors today.
The Early Years of Ford Tractors
As previously mentioned, the Ford Motor Company started its tractor division in 1917, and over the years, the company produced numerous models, including the iconic Fordson, which was designed to be a low-cost option for farmers. As the market for tractors grew, so did the competition, and in 1928, the Ford Motor Company sold its tractor division to a group of investors in Michigan.
New Holland Agriculture
After the sale of its tractor division, the Ford Motor Company continued to make innovative vehicles, but it was another company that eventually took ownership of Ford tractors. In 1986, New Holland Agriculture acquired the Ford tractor division, and it has been the owner ever since. Today, New Holland Agriculture produces a range of products, including tractors, combines, and balers, with a focus on providing solutions for sustainable farming practices.
The CNH Industrial Group
New Holland Agriculture is part of the CNH Industrial Group, a global leader in the agricultural and construction equipment industries. The group was formed in 2011 through a merger between Fiat Industrial and CNH Global, and today it has operations in over 180 countries and employs over 60,000 people. In addition to New Holland Agriculture, the group owns numerous other brands, including Case IH, Steyr, Iveco, and FPT Industrial.
The Future of Ford Tractors
As part of the CNH Industrial Group, New Holland Agriculture is in a strong position to continue innovating and producing high-quality tractors. The company has a commitment to sustainable farming practices, and its products are designed with the environment in mind. The company has also recently launched a range of electric and hybrid tractors, which highlights its focus on developing sustainable solutions for farmers.
Conclusion
So, who owns Ford tractors? It's clear that ownership has changed over the years, with the Ford Motor Company selling its tractor division in 1928 and New Holland Agriculture taking ownership in 1986. Today, New Holland Agriculture is part of the CNH Industrial Group, a global leader in the agricultural and construction equipment industries. With a commitment to sustainable farming practices and a focus on innovation, the future of Ford tractors looks bright.