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Does Ford still own New Holland tractors?

Ford does not currently own New Holland tractors. In 1991, Ford sold New Holland to Fiatagri, an Italian agricultural machinery company, for $1.35 billion. Fiatagri then merged with Case IH, another agricultural machinery company, in 1999 to form CNH Global. CNH Global now owns New Holland, as well as a number of other agricultural machinery brands.
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