Glad yu thought of this one, Tony. I was just talking to another new member here, the other day, in chat, about this very topic. Of course, he was not even born yet, at the time of this historic event.
This is what nailed the coffin on old IHC as we all knew it, too. The corp never recovered, although they did reorganize, and were finally split into two major factions.
What is the title of that book about the collapse of International Harvester, published in 1985 or 1986? I used to have a copy, purchased back when it was still in print.