CNH INDUSTRIAL N.V. Stock Price, News & Analysis

CNH Industrial (NYSE: CNHI) announced the appointment of Alessandra Ramorino as the Chief Internal Audit Officer for the Iveco Group, effective April 1, 2022. Ramorino, with nearly 30 years at Brembo, replaces Federico Castino, who served as interim Head of Internal Audit. She is expected to enhance internal auditing processes, ensuring the company's financial and operational practices meet high standards. Ramorino is an experienced auditor with a strong background in corporate governance, having previously held leadership roles in financial oversight.

CNH Industrial (NYSE: CNHI) and Plus have partnered to launch a pilot project in Europe and China, focusing on the integration of autonomous driving technology with IVECO's S-WAY trucks. This trial will assess Plus's advanced technology in various driving conditions, combining driver-in solutions and Level 4 autonomy. The partnership aims to enhance truck productivity and reduce operational costs through comprehensive testing. Both companies emphasize the importance of safety, performance, and sustainability in this technological advancement.

New Holland Agriculture, a brand of CNH Industrial (NYSE: CNHI), received two silver medals in the Agritechnica Innovation Awards for its Baler Automation System and Combine Residue Automation System. The awards, given by the DLG German Agricultural Society, recognized innovation among over 160 entries. The Baler Automation System enhances productivity, safety, and fuel efficiency, while the Combine Residue Automation System improves crop yield and soil conditions. These awards underscore CNH's commitment to advancing sustainable agricultural solutions.

CNH Industrial (NYSE: CNHI) has released a presentation detailing combined financial figures for the Off-Highway and On-Highway businesses as of September 30, 2021. This document aims to assist investors in understanding the implications of the demerger with Iveco Group, effective on January 1, 2022. The financial data is unaudited, with Off-Highway figures prepared under US GAAP and On-Highway figures under IFRS. The presentation is accessible on the company's website.

CNH Industrial has received recognition for four agricultural innovations at the 2022 ASABE AE50 Awards, held annually by the American Society of Agricultural and Biological Engineers. Notably, Case IH secured three awards for the Patriot 50 series sprayer, WD5 series windrower, and Fast Riser 6100 series planter. New Holland Agriculture was awarded for its Horizon™ Ultra tractor cab, distinguished as the quietest in the industry. These accolades affirm CNH Industrial's commitment to innovation in agricultural engineering, aimed at enhancing productivity and efficiency for farmers.

IVECO, part of CNH Industrial (NYSE: CNHI), has partnered with Air Liquide to advance hydrogen mobility in Europe. This collaboration aims to develop heavy-duty fuel-cell electric trucks and establish a network of hydrogen refueling stations along key transport corridors. The partnership builds on their joint efforts in the HyAMMED project in France, targeting the decarbonization of long-haul freight mobility. Luca Sra from IVECO emphasized the importance of sustainable transport solutions, while Air Liquide's Matthieu Giard highlighted hydrogen's potential in reducing transport emissions.

Air Liquide and IVECO, part of CNH Industrial, have signed a Memorandum of Understanding to advance hydrogen mobility in Europe. This partnership aims to develop heavy-duty fuel-cell electric trucks and establish a network of hydrogen refueling stations across European transport corridors. The collaboration builds on previous efforts like the HyAMMED project in France, targeting the decarbonization of long-haul freight. Both companies emphasize the importance of hydrogen in reducing transportation emissions and meeting global net-zero targets.

CNH Industrial N.V. (NYSE: CNHI) was recognized by CDP as a global leader in corporate sustainability, achieving a double ‘A’ rating for its efforts in tackling climate change and protecting water security. Out of over 13,000 companies assessed, only 57 received this double ‘A’ distinction. CEO Scott Wine emphasized the company's commitment to environmental goals and decarbonization. The CDP scoring is respected for its rigorous evaluation of corporate environmental practices, with significant investor interest, underscoring the importance of ESG in the business landscape.

CNH Industrial N.V. (NYSE: CNHI) announced on December 9, 2021, that Fitch Ratings assigned an expected Long-Term Issuer Default Rating (IDR) of ‘BBB-(EXP)’ to Iveco Group N.V. This rating reflects a Stable Outlook. The announcement is part of the context leading up to the planned Admission of Iveco Group shares on Euronext Milan, related to the anticipated Demerger from CNH Industrial set for December 31, 2021. Investors are advised to review the approved Prospectus prior to making any investment decisions due to potential risks associated with the shares.