Welcome to our dedicated page for CNH INDUSTRIAL news (Ticker: CNHI), a resource for investors and traders seeking the latest updates and insights on CNH INDUSTRIAL stock.
CNH Industrial N.V. reports recurring developments in agricultural and construction equipment, digital agriculture and precision technology. Its news centers on global and regional brands including Case IH, New Holland, CASE, New Holland Construction Equipment, STEYR, Raven, Hemisphere, Flexi-Coil, Miller and Eurocomach, with updates on machines, implements, tractors, excavators, satellite-based positioning, autonomous systems and digital farm management through FieldOps™.
Company updates also cover quarterly and full-year results, equipment demand cycles, production planning, dealer inventory management, pricing, cost efficiencies, managed portfolio trends, product-design awards, shareholder voting matters, governance and capital-structure disclosures.
CNH has successfully installed solar panels on its St. Mary's site in New South Wales, Australia. This installation, comprising 1,412 panels, generates a peak power output of 600.1 KWp, covering over half of the site's energy needs. This site hosts the ANZ headquarters and the national distribution center.
This project follows the 2022 installation at the K Line Plant, which generates 178,136 KWh annually. Both initiatives are part of CNH's global strategy to achieve 90% renewable electricity consumption by 2030.
CNH's solar projects in Australia are pivotal to its sustainability goals, contributing to the company's worldwide commitment and setting a path towards a greener future.
New Holland, under the CNH brand, showcased its advancements in alternative fuel tractors and innovative agricultural machinery at Agrishow 2024. Highlighted were the T4 Electric Power, the first fully electric utility tractor, and the T6.180 Methane Power, the first tractor using biomethane from organic waste. Both are significant for their environmental benefits. Additionally, the Guardian SP310F sprayer, recognized as the Machine of the Year Brazil 2024/2025, was unveiled. This sprayer features advanced precision agriculture technology, including the IntelliView™ 12 monitor for enhanced fleet management and connectivity. These developments reinforce New Holland's leadership in sustainable and efficient agricultural solutions.
Case IH, a brand of CNH, has unveiled a prototype ethanol-powered engine developed in collaboration with FPT Industrial at the Agrishow in Ribeirão Preto, Brazil. The engine, named Cursor 13, is designed to run on fuel derived from sugarcane and is currently in the development phase. It will soon undergo testing on Case IH sugarcane harvesters. This innovation aligns with Case IH's mission to equip farmers with advanced technology solutions. The brand continues to offer a robust range of agricultural machinery, including grain, sugarcane, and coffee harvesters, tractors, self-propelled sprayers, and planters.
Raven Industries, a CNH brand and leader in precision agriculture technology, showcased its latest innovations at Agrishow 2024 on June 18, 2024, in Northampton, MA.
The event highlighted Raven's commitment to enhancing farming operations through automation and precision technology. Key products presented included the Raven CRx Guidance Kit and the Augmenta Field Analyzer, both designed to boost productivity and profitability for farmers.
The company's approach focuses on providing easy-to-use, scalable solutions compatible with various machine models, brands, and sizes. Raven's integration with CNH platforms ensures a reliable and consistent user experience globally.
More information about Raven's technology suite can be found on their website or through local dealers.
CNH has partnered with Intelsat to provide ruggedized satellite communications (SATCOM) solutions for farmers, making them the first to offer this service. The collaboration will allow CNH's Case IH, STEYR, and New Holland customers to access the internet via Intelsat's multi-orbit network, enhancing productivity and yield through precision agriculture. The service will be launched in Brazil in the second half of 2024, with plans to expand to the U.S., Australia, and other regions. Intelsat's industrial-grade terminals are proven to withstand extreme farming conditions and will be installed and supported by Case IH and New Holland dealers.
CNH has launched its annual publication, A Sustainable Year magazine, which highlights the company's innovation and sustainability efforts. The first story focuses on how humans can build trust in AI recommendations, particularly through explainable AI (XAI) within the XMANAI project in San Matteo, Italy. The article features insights from Dr. Fabio Grandi of the University of Modena and Reggio Emilia. This series will continue to cover CNH's community support, diversity, inclusion initiatives, and product innovation.
Case IH, a brand of CNH, showcased over 20 machines at the 29th Agrishow in Brazil. The main highlight was the Quadtrac AFS Connect 715, the most powerful tractor ever produced by the brand, featuring an FPT Cursor 16 engine with up to 778 hp. This tractor has won AE50 and Good Design 2023 awards.
Case IH also presented its first 100% electric tractor concept, the Electric Farmall, which has won the Good Design 2023 and the Farm Machine 2024 awards in the Utility Tractor category.
The Farmall Max 140, with a 141 hp engine and advanced connectivity features, was introduced as well. Additionally, a prototype ethanol-powered Cursor 13 engine aimed at reducing CO2 emissions and operating costs was unveiled.
These innovations reflect Case IH's commitment to high performance, sustainability, and advanced agricultural technology.
On June 7, 2024, CNH shared its initiatives on World Environment Day, highlighting its commitment to sustainability. The company's efforts align with the UN's World Environment Day themes of land degradation, desertification, and drought. Through a video series, CNH showcased its projects such as no-till planting in Brazil, the development of electric-powered construction equipment, and community support for agricultural land preservation. These initiatives reflect CNH's dedication to aiding farmers and builders worldwide while promoting environmental conservation.
New Holland Construction, a CNH brand, showcased a variety of products at M&T Expo 2024 in São Paulo, emphasizing innovation, efficiency, and customer satisfaction. Among the highlights were new backhoe loader models B110C and B95C, the upgraded 10-tonne W12D Evo wheel loader, and the W12D Fertilizer version with enhanced safety features. Additionally, the brand introduced the E35D mini-excavator, ideal for light demolition and urban projects, and the W80C compact loader. A standout was the T6.180 Methane Power tractor, which uses biomethane fuel, reducing emissions by up to 80% and offering significant cost savings.
On June 5, 2024, CNH supports World Environment Day, addressing issues like land degradation, desertification, and drought under the UN's #GenerationRestoration promotion. CNH has showcased videos highlighting sustainable practices, such as no-till planting in Brazil and the development of electric-powered construction equipment.
CNH Industrial, listed on NYSE under the symbol CNHI, is a leading equipment and technology company. It focuses on innovation, sustainability, and productivity across its brands, including Case IH, New Holland, STEYR, and more. CNH emphasizes global and regional initiatives to drive customer efficiency and success, supported by a diverse workforce of 40,000+ employees.
For additional information and reports, visit CNH's website.