Welcome to our dedicated page for CNH INDUSTRIAL N.V. news (Ticker: CNHI), a resource for investors and traders seeking the latest updates and insights on CNH INDUSTRIAL N.V. stock.
CNH Industrial N.V. (NYSE: CNH) generates a steady flow of news across agriculture, construction, technology and finance. As an equipment, technology and services company, it issues updates on Ag Tech innovations, product recognition, strategic technology roadmaps and capital markets activity. Its global and regional brands, including Case IH, New Holland, CASE, STEYR, Raven and others, frequently appear in announcements tied to new technologies, awards and industry events.
Recent communications from CNH highlight agricultural technology developments that span the crop cycle, from field preparation and planting to crop protection and harvesting. The company reports on AI-driven and autonomous solutions, precision spraying systems, digital farm management via the FieldOps™ platform, and connected equipment ecosystems. News items also cover recognition from organizations such as the American Society of Agricultural and Biological Engineers and Farm Machine of the Year awards for Case IH and New Holland machines and technologies.
In addition to product and technology updates, CNH’s news includes leadership appointments, sustainability publications, and financing activities such as bond offerings and notes issued by subsidiaries like CNH Industrial Finance Europe S.A. and CNH Industrial Capital LLC. The company also provides quarterly financial results and outlook commentary, discussing segment performance in Agriculture, Construction and Financial Services, as well as factors like industry demand, tariffs and geographic sales mix.
Investors, industry professionals and equipment users can use this news stream to follow CNH’s progress on its Breaking New Ground purpose, its Road to 2030 strategy themes, and its efforts to advance innovation, sustainability and productivity in agriculture and construction. Regular updates offer insight into how CNH’s brands, technologies and financial services evolve over time.
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CNH Industrial (NYSE:CNHI) has unveiled its new CSR initiative in India, titled "Unnat Kaushal Sugarcane Harvester Operator Training." In collaboration with the Krishi Vigyan Kendra in Baramati, Maharashtra, this program focuses on training 300 young sugarcane harvester operators, enhancing their skills for better equipment efficiency. The initiative aims to promote sustainable farming methods while addressing the skills gap in the agricultural workforce. The first phase will train 150 operators from Baramati, Kolhapur, Satara, and Sangli districts.
CNH Industrial emphasizes its commitment to positively impacting agriculture. The program is part of a broader effort, which last year included training 600 farmers in Haryana and Uttar Pradesh on various agricultural competencies.
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CNH Industrial has launched its second Smart Dealer in Argentina, marking its first in the Buenos Aires province. This collaboration with ¿ire Maquinarias, the brand's representative for 19 years, features a modern facility incorporating office space, training rooms, and environmentally friendly design. The dealer prioritizes sustainability, utilizing renewable energy sources like wind generators and a water recycling system. The opening event attracted over 400 attendees, including executives from New Holland in Latin America and local agricultural professionals. The goal is to create a customer-centric hub that emphasizes innovative service and personalized care.
CNH Industrial (NYSE: CNHI) will release its financial results for Q1 2023 on May 5, 2023. A live audio webcast of the results conference call is scheduled for 3:30 p.m. CEST and will be accessible via this link. For those unable to attend, a replay will be available on the corporate website for two weeks after the event. The company, known for its global brands in agriculture and construction equipment, is focused on innovation and sustainability, employing over 40,000 individuals worldwide.
CNH Industrial's New Holland Agriculture showcased its commitment to sustainability at the Farm of the Future: Net Zero in Practice event, held at Harper Adams University in the UK. The event, organized by the Royal Agricultural Society of England, focused on reducing carbon emissions in agriculture. Key highlights included a demonstration of the award-winning T6.180 Methane Power tractor, notable for being the only methane-fueled tractor on the market. Mark Howell, Global Product Manager, emphasized New Holland's role in achieving a carbon-neutral future. The event also promoted RASE's 2022 Farm of the Future report, which outlines essential changes for farmers to meet net-zero goals by 2040.
Assurant, a global business services company, has announced a partnership with CNH Industrial Capital to enhance equipment protection products for dealers in the U.S. and Canada. This collaboration aims to improve customer experience and product offerings, providing multiple insurance products such as the Purchased Protection Plan (PPP), Physical Damage Insurance (PDI), and Rental Damage Waiver (RDW). CNH Industrial will deliver an expanded PPP program in Canada. Assurant's expertise in equipment protection will complement CNH Industrial's established presence in the agricultural and construction sectors. This partnership leverages Assurant's capabilities, strengthened by its acquisition of EPG Insurance in 2020, to deliver industry-leading solutions. Overall, this initiative signifies a strategic move to enhance offerings for customers of iconic brands like Case IH and New Holland.
On April 19, 2023, CNH Industrial announced the divestiture of its business activities in Russia, totaling approximately $60 million. This decision follows the suspension of operations announced in March 2022. The divestiture will incur additional pre-tax charges of around $20 million. Historically, in 2021, CNH Industrial's Russian operations generated about $380 million, making up 2% of the company's consolidated revenue. Prior to the suspension, the company managed significant operations in Russia, employing around 200 employees. The announcement acknowledges former employees for their service during this transition.