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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.
Raven Industries unveiled two new autonomous agriculture solutions: the Driverless Tillage Solution and Driver Assist Harvest Solution at CNH Industrial's Tech Day event in Phoenix, Arizona, on December 7, 2022. These innovations aim to enhance efficiency and sustainability in cash crop production by improving automation capabilities. The Driverless Tillage Solution optimizes soil management using Case IH equipment, while the Driver Assist Harvest Solution simplifies operations, addressing labor shortages by enabling operators of varying skill levels to perform complex tasks easily.
CNH Industrial has acquired a 10% minority stake in Stout Industrial Technology, a US startup specializing in AI-powered agricultural implements. This investment aims to enhance CNH's See & Act machine learning capabilities. Stout's Smart Cultivator technology can distinguish crops from weeds, enabling simultaneous cultivation and weeding without chemicals. This partnership expands CNH’s mechanical weeding product offerings and facilitates distribution through its New Holland brand. The move supports CNH's commitment to innovation and sustainable agriculture.
CNH Industrial announced the unveiling of the T4 Electric Power, the industry’s first all-electric light utility tractor prototype with autonomous features, at a Tech Day in Phoenix, Arizona. Collaborating with Monarch Tractor, the development time was halved. This prototype marks an advancement in CNH's electrification strategy, following the award-winning e-Source power pack. Expected commercial production starts at the end of 2023. The tractor can reduce operating costs by up to 90% and operates quietly, promoting animal welfare.
CNH Industrial recently showcased its latest automation and autonomy solutions at the Tech Day in Phoenix, Arizona. New offerings such as the Driverless Tillage and Driver Assist Harvest Solutions aim to address productivity challenges in agriculture. These technologies enhance efficiency, reduce labor dependency, and improve user experience. The Baler Automation system for New Holland's large square balers utilizes advanced sensors for optimized operation, resulting in better bale shape and reduced fuel consumption. CNH aims to lead the future of farming through innovation and sustainable practices.
On December 9, 2022, CNH Industrial showcased the T7 Methane Power LNG pre-production tractor at its Tech Day in Phoenix, Arizona. This new prototype significantly enhances agricultural sustainability by more than doubling fuel autonomy compared to previous CNG designs. In partnership with Bennamann, the T7 aims to achieve a carbon footprint of 'better than zero,' providing new revenue opportunities for farmers through stable fuel production and organic fertilizer generation. This marks a crucial step towards the commercialization of the world's first LNG tractor.
CNH Industrial has successfully delivered 20 TT4.75 tractors to women farmers in Uganda's Soroti and Katakwi districts, enhancing local agriculture through its partnership with The Cooper Motor Corporation. The event was attended by key political figures, including Vice President Jessica Alupo, emphasizing the company's commitment to sustainable development and support for women's contributions in agriculture. The tractors were handed over to groups such as the Teso Widows Development group, which includes over 36,000 members, showcasing CNH Industrial's dedication to empowering local communities.
CNH Industrial showcased its advancements in Precision Technology during its Tech Day event on December 7-8, 2022, in Phoenix, Arizona. The company anticipates a contribution of approximately $900 million from Precision Technology components for 2022, with a projected annual growth rate of 10-15% over the next two to three years. They aim for $1 billion in net sales from these components in 2023. CNH Industrial emphasized its commitment to sustainable farming through automation, autonomy, and alternative fuel technologies, underscoring its role in enhancing operational efficiency for farmers.
CNH Industrial will stop all Construction Equipment sales in China effective December 31, 2022. In 2021, sales in this sector reached approximately $88 million. The company does not anticipate significant charges from this decision, which is part of its ongoing global turnaround plan. CNH Industrial reassures its commitment to existing CASE Construction machine customers and dealers in China, while other operations in the country will remain unaffected.
CNH Industrial N.V. (NYSE: CNHI) has appointed Richard Miller as the new Senior Vice President of Internal Audit, succeeding Carlo De Bernardi, who is retiring after 38 years with the company. Miller, who joined CNH in 1990, brings extensive experience in Internal Audit, previously serving as the Head of Internal Audit for North America. CEO Scott W. Wine praised De Bernardi's leadership and expressed confidence in Miller's ability to uphold the company’s high standards.
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