EXHIBIT 99.2

                                 PRESS RELEASE

                               [CNH letterhead]

                           News Release

                           For Immediate Release

                           CNH Names Senior Management Team

                           Steven G. Lamb Named President
                           and Chief Operating Officer

                           Ted R. French Appointed President, Financial Services
                           and Chief Financial Officer

                 For more  Racine, Wisconsin (November 15, 1999) -- CNH (N:CNH),
     information contact:  the company created from the merger of Case
                           Corporation and New Holland, today announced that
           Bill Masterson  Steven G. Lamb has been named president and chief
           1.262.636.5793  operating officer. In addition, Ted R. French was
                           appointed president, financial services, and chief
         Jeffrey T. Walsh  financial officer. In the May 1999 announcement in
          44.181.479.8809  which the two companies agreed to merge, Jean-Pierre
                           Rosso was named chairman and chief executive officer
                           of the company and Umberto Quadrino was named co-
                           chairman for a transition period to support the
                           integration of the two companies.

                           The company also announced several other members of
                           its management team. They include: Fausto Lanfranco,
                           president, Worldwide Construction Equipment Business,
                           Andrew E. Graves, president, CNH Capital Corporation;
                           William T. Kennedy, president, New Holland
                           Agricultural Business; Leopold Plattner, president,
                           Case IH Agricultural Business; and Harold D.
                           Boyanovsky, president, Worldwide Agricultural
                           Equipment Products.

                           In addition, Rafael Ansorena has been named senior
                           vice president for New Holland's construction
                           equipment business and Jim McCullough has been
                           appointed senior vice president


                           for Case's construction equipment business. Both
                           Ansorena and McCullough will report to Lanfranco.

                           "The CNH management team reflects the best talent
                           from both organizations," said Rosso. "They have
                           tremendous global perspective, business acumen and
                           management skills and are well-equipped to
                           successfully lead the company. We are fortunate to
                           have such top caliber people."

                           Rosso previously served as chairman and chief
                           executive officer of Case Corporation, and Quadrino
                           was chairman, president and chief executive officer
                           of New Holland. Lamb was president and chief
                           operating officer of Case, and French was president,
                           Financial Services, and chief financial officer of
                           Case.

                           Boyanovsky previously served as senior vice president
                           and general manager, North American Region, for Case.
                           Graves was president, Case Capital. Kennedy
                           previously served as executive vice president and
                           chief marketing officer, New Holland. Lanfranco
                           served as senior vice president, Construction
                           Equipment, New Holland. Plattner served as president,
                           Case Europe.

                           With strong global brands, CNH is a leader in the
                           agricultural equipment, construction equipment and
                           financial services industries and had combined 1998
                           revenues of approximately $12 billion. CNH is the
                           number one manufacturer of agricultural tractors and
                           combines in the world, the third largest maker of
                           construction equipment and has one of the largest
                           equipment finance companies in the world. Based in
                           the United States, CNH has operations in 16 countries
                           and sells its products in 160 markets through a
                           network of more than 10,000 dealers and distributors.
                           CNH products are sold under the following brands:
                           Case, Case IH, Fermec, Fiatallis, Fiat-Hitachi, Link-
                           Belt, New Holland, O&K and Steyr.

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