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CNH INDUSTRIAL (CNHI) Stock News

CNHI NYSE

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.

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CNH Industrial (NYSE: CNHI) will release its Second Quarter 2022 financial results on July 29, 2022. The live audio webcast of the conference call will start at 3:30 p.m. CEST and will be accessible for those interested. A replay will be available on the corporate website for two weeks post-event. CNH Industrial focuses on innovation, sustainability, and productivity through its diverse brands, including Case IH, New Holland Agriculture, CASE, and New Holland Construction Equipment.

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On June 30, 2022, CNH Industrial N.V. announced the sale of unclaimed Iveco Group N.V. shares, linked to its On-Highway business spinoff. Over 1% of shares went undelivered due to shareholders not providing necessary account details by June 24, 2022. Citigroup Global Markets Europe AG will sell these shares on Euronext Milan, and proceeds will be distributed to affected shareholders upon verification of their bank details. Payments are expected but timelines remain uncertain. Additional information can be found on Iveco Group's corporate website.

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Tidewater Equipment Company has expanded its operations in the southeastern United States by opening a new full-service location in Enterprise, Alabama. This marks Tidewater's sixth construction equipment facility, enhancing support for the local construction industry. The new location offers dedicated equipment sales, parts, and service. Executives from CASE and local officials attended the opening, emphasizing a commitment to customer service and equipment innovation. Tidewater aims to improve job creation and business success in the region.

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CASE Construction Equipment has expanded its dealer network in the Southeast with the opening of two new facilities by Hills Machinery in Wilmington and Asheville, North Carolina. These locations enhance customer service and accessibility, allowing equipment owners to be within 90 miles of support. The expansions aim to strengthen CASE's presence in the booming Carolinas, where Hills Machinery now operates nine locations. The new facilities will focus on equipment sales, rentals, service, and support, providing comprehensive access to the latest technology and services for construction and agricultural markets.

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CNH Industrial has released the companion guide to its 2021 Sustainability Report, titled A Sustainable Year, which outlines key sustainability initiatives achieved in 2021.

This publication emphasizes the company's dedication to sustainability, showcasing initiatives such as CASE Construction Equipment's beach cleanup project and plans to install solar panels at all manufacturing sites by 2030. Additionally, the New Holland e-Source program aims to improve energy efficiency in agriculture. CNH Industrial has been recognized for its sustainability efforts, maintaining its position as a leader in corporate sustainability for over a decade.

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FAQ

What is the current stock price of CNH INDUSTRIAL (CNHI)?

The current stock price of CNH INDUSTRIAL (CNHI) is $11.45 as of May 17, 2024.

What is the market cap of CNH INDUSTRIAL (CNHI)?

The market cap of CNH INDUSTRIAL (CNHI) is approximately 14.4B.