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

CNH Industrial N.V. (NYSE: CNHI) has completed its acquisition of Raven Industries, a leader in precision agriculture technology. This strategic move enhances CNH Industrial's digital transformation and strengthens its competitive position. CEO Scott Wine emphasized that Raven's innovations will accelerate their precision and digital strategy, with integrated products set for 2022. Raven, based in Sioux Falls, SD, has a strong reputation in precision agriculture and specialty films, contributing significantly to CNH's growth prospects.

On November 30, 2021, CNH Industrial (NYSE: CNHI) finalized its acquisition of Raven Industries, a leader in precision agriculture technology. This strategic move aims to enhance CNH's competitive position in digital farming, leveraging Raven's innovative capabilities. CEO Scott Wine highlighted the acquisition as pivotal for their digital transformation, with products featuring Raven's technology expected in 2022. Founded over 65 years ago, Raven operates in precision agriculture and other sectors, complementing CNH's diverse portfolio in capital goods.

CNH Industrial (NYSE: CNHI) has achieved recognition at the German Design Awards, with the STEYR Terrus CVT tractor and IVECO T-WAY truck awarded as "Excellent Product Design" winners. This prestigious accolade reflects the company’s commitment to superior design quality, assessed by a diverse jury of 37 experts. The STEYR tractor excelled in the Industry category, focusing on operator comfort and rugged design, while the IVECO T-WAY was acknowledged in the Utility Vehicles category for its robust aesthetics. Both products highlight CNH Industrial’s dedication to innovation and brand identity.

Iveco Group plans to list its shares on Euronext Milan following a demerger from CNH Industrial, with the first day of trading set for January 3, 2022. This separation aims to create a focused company centered on commercial and specialty vehicles, powertrains, and financial services. The Company targets net revenues between €16.5 – 17.5 billion and an adjusted EBIT margin of 5.0% – 6.0% by 2026. Shareholders will receive one new share for every five shares of CNH Industrial they own. Iveco Group has committed to achieving net zero carbon by 2040.

CNH Industrial (NYSE: CNHI) has announced the appointment of Gabriella Porcelli as General Counsel & Chief Compliance Officer for the Iveco Group, effective January 1, 2022. This move is part of the company's strategy for the upcoming spin-off of Iveco into an independent entity in early 2022. Porcelli brings over 25 years of legal experience, having previously held key positions at Fendi, Philip Morris, and the Trans Adriatic Pipeline. Her role aims to ensure compliance with ethical and professional standards in the newly formed group.

IVECO, a brand of CNH Industrial (NYSE: CNHI), announced a significant order from Amazon for 1,064 IVECO S-WAY CNG trucks. This initial delivery includes 216 units, with 848 more expected in mid-2022. The trucks feature advanced FPT Industrial Cursor 13 Natural Gas engines, offering a range of 620 km. Moreover, the upcoming units will integrate IVECO Driver Pal with Alexa. This collaboration emphasizes IVECO's commitment to emissions reduction, with CNG vehicles capable of cutting CO₂ emissions by up to 95% using bio-methane.

CNH Industrial has announced an Iveco Group Investor Day scheduled for November 18, 2021, in preparation for a planned spin-off in early 2022. The event will commence at 2:30 p.m. CET and will include a Q&A session, lasting two hours. Access details for live streaming are provided in the announcement, with a replay available on the Iveco Group website. This announcement is classified as an advertisement under the Prospectus Regulation and does not constitute a prospectus.

CNH Industrial N.V. has announced the publication of a Prospectus for the admission and listing of its common shares on Euronext Milan, as part of a planned separation of its Iveco Group business via a statutory demerger. The shares are expected to begin trading under the symbol IVG on January 3, 2022. The demerger record date is set for December 31, 2021, allowing existing CNH shareholders to receive shares in the new entity at a rate of one share for every five CNH shares held. The Netherlands Authority for the Financial Markets has approved the Prospectus.