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. (CNHI) is a global capital goods leader driving innovation in agriculture machinery, construction equipment, and sustainable powertrain solutions. This news hub provides investors and industry professionals with centralized access to official announcements, financial disclosures, and strategic developments.
Monitor critical updates including quarterly earnings reports, product launches, sustainability initiatives, and partnership announcements. Our repository ensures timely access to filings, operational milestones, and leadership changes impacting CNHI's global markets.
Key coverage areas include precision farming technologies, construction equipment innovations, alternative fuel powertrains, and corporate responsibility programs. Track developments across CNHI's brand ecosystem, including Case IH, New Holland Agriculture, and Iveco commercial vehicles.
Bookmark this page for streamlined tracking of CNH Industrial's market position, technological advancements, and regulatory filings. Combine strategic insights with operational updates to inform your analysis of this industrial equipment leader.
CNH Industrial (NYSE: CNHI) announced the appointments of Vilmar Fistarol as President, North America, and Rafael Miotto as President, Latin America, effective January 2023. Fistarol brings over 31 years of experience, having significantly grown brand sales in Latin America. He takes over from Brad Crews, who will transition to a new role. Miotto, with 18 years at the company, previously led New Holland Agriculture in Latin America. CEO Scott W. Wine expressed confidence in their ability to enhance customer value in key regions for agriculture and construction.
On November 11, 2022, Suzanne Heywood, Chair of CNH Industrial, spoke at the Technology Biennale in Turin, highlighting the vital role of technology in enhancing humanity. The event, hosted by Politecnico di Torino, featured discussions on innovation and digital advancement. Heywood emphasized CNH Industrial’s commitment to using technology to improve efficiency for farmers and builders worldwide. With a global workforce of over 37,000, CNH Industrial remains focused on sustainability and productivity, driving the success of its well-known brands in agriculture and construction.
The Tractor of the Year 2023 Awards recognized the New Holland T4.120 F tractor as the "Best of Specialized" at the EIMA International Agricultural and Gardening Machinery Exhibition in Bologna, Italy. Developed by New Holland Agriculture, a brand of CNH Industrial, this tractor features advanced hydraulics and specifications ideal for orchard and vineyard farmers.
CNH Industrial emphasizes its commitment to supporting farmers with innovative machinery to boost productivity and efficiency.
CNH Industrial reported Q3 2022 consolidated revenues of $5,881 million, a 23.9% increase compared to Q3 2021, with net income of $559 million and diluted EPS of $0.41. Adjusted EBIT for Industrial Activities reached $670 million, up $250 million year-over-year. Free cash flow for Industrial Activities was $202 million, with full-year net sales expected to rise 16% to 18%. The company voluntarily adopts U.S. GAAP reporting and aligns its financial disclosures with domestic filers, aiming for improved investor transparency amidst ongoing global challenges.
On November 7, 2022, Case IH and New Holland Agriculture, brands of CNH Industrial, secured multiple awards at SIMA 2022 in Paris, a leading agricultural technology event. Case IH's Quadtrac AFS Connect™ tractor received the 'Farm Machine 2023' award in the 'XXL' category for its advanced connectivity features. New Holland’s T4F tractor won 'Best Specialized Tractor.' Additionally, New Holland earned two Bronze Medals for its innovative Grain Cam™ Mobile app and contributions to a circular economy with methane-powered tractors, enhancing sustainability efforts in agriculture.
CNH Industrial (NYSE: CNHI) will release its Third Quarter 2022 financial results on November 8, 2022. A live audio webcast will start at 3:30 p.m. CET and will be accessible via their corporate website. The session will provide insights into the company's performance and outlook. The results are anticipated as CNH Industrial continues to focus on innovation, sustainability, and productivity in its diverse range of agricultural and construction equipment. The archived replay will be available for two weeks post-event.
CNH Industrial N.V. (NYSE: CNHI) announced the completion of a $400 million offering of 5.450% notes due 2025. The offering was priced at 99.349%, yielding net proceeds of approximately $395 million after expenses. Funds will be used for working capital, purchasing assets, and repaying existing debt. The notes will have semi-annual interest payments starting April 14, 2023, and will mature on October 14, 2025. The offering was conducted under an effective shelf registration statement with the SEC.
CNH Industrial is committed to fostering partnerships that enhance community welfare through education and sustainability. Recently, the company expanded its education initiative in India to support those affected by COVID-19's economic impact. With a focus on innovation, sustainability, and productivity, CNH Industrial utilizes its global brands such as Case IH, New Holland Agriculture, and CASE to provide comprehensive solutions in agriculture and construction. The company's diverse workforce of over 37,000 is dedicated to empowering customers and contributing positively to society.
New Holland Agriculture, part of CNH Industrial, has won the EIMA Innovation Award for its Electro-Hydraulic Self Levelling Tool Carrier system for telehandlers. Additional recognitions include special mentions for the E15X Electric Power mini excavator and QR-code-accessed instruction videos for Combine Harvesters. The Electro-Hydraulic system enhances attachment leveling accuracy and reduces maintenance costs, while the E15X mini excavator offers zero emissions and significant operational efficiency. The EIMA Agricultural Exhibition is scheduled for November 9-13 in Bologna, Italy.
FAQ
What is the current stock price of CNH INDUSTRIAL N.V. (CNHI)?
What is the market cap of CNH INDUSTRIAL N.V. (CNHI)?
