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 N.V. (NYSE: CNHI) announces the publication of the Iveco Group Prospectus in anticipation of its common shares being listed on Euronext Milan on January 3, 2022. This listing follows a demerger separating the commercial vehicles, powertrain, and financial services businesses into the newly formed Iveco Group. Shareholders will receive one Iveco Group share for every five shares of CNH Industrial they hold. An Extraordinary General Meeting is scheduled for December 23, 2021, to approve the demerger and appoint new directors.
CNH Industrial reported strong Q3 2021 results with consolidated revenues of $8.0 billion, marking a 23% increase year-over-year. The net income stood at $329 million, and adjusted diluted EPS reached $0.36, a significant rise from $0.11 in Q3 2020. Adjusted EBIT for Industrial Activities was $469 million, up 100% compared to the previous year. However, free cash flow was negative at $0.7 billion, largely due to seasonal working capital demands and supply chain disruptions. The company reported total debt of $23.7 billion and available liquidity of $13.5 billion.
CNH Industrial N.V. (NYSE: CNHI) has announced an exclusive, multi-year licensing agreement with Monarch Tractor to develop electrification technologies for low horsepower tractors. This partnership builds on CNH's minority investment in Monarch in March 2021 and aims to enhance electrification capabilities, aligning with the company's strategy to decarbonize agriculture. The agreement will utilize an agile development process, focusing on farmer input to create innovative solutions. CEO Scott Wine emphasized the collaboration's potential to strengthen CNH's position in sustainable farming.
CNH Industrial N.V. (NYSE: CNHI) has unveiled the organizational structure of the future Iveco Group, set for independent operation in early 2022 under CEO Gerrit Marx. The structure emphasizes customer-centricity and performance, with distinct Business Units for Trucks, Buses, Powertrains, Defence Vehicles, Firefighting, and Financial Services. Key leadership appointments include Luca Sra as President of Truck and Francesco Tanzi as CFO. This new structure aims to drive business goals and enhance shareholder value through clarity and accountability within the organization.
CNH Industrial (NYSE: CNHI) has announced a strategic reorganization to enhance its leadership and operational efficiency following the spin-off of Iveco Group. The new structure focuses on customer centricity, agility, and accountability, aiming to foster profitable growth in agriculture, construction, and financial services. CEO Scott Wine emphasized quick decision-making and clear accountability within the new organizational model, which integrates corporate regions and business functions to drive innovation and strategic growth.
New Holland Agriculture, part of CNH Industrial, has received the 'Sustainable Tractor of the Year 2022' award for its T6 Methane Power tractor at the EIMA Agricultural Trade Show in Bologna, Italy. This accolade highlights its innovative use of methane as a fuel, contributing to sustainable farming practices. The T6 Methane Power tractor, manufactured in Basildon, UK, supports a circular energy system by allowing farmers to generate fuel from waste, enabling economic advantages for biogas operators and supporting emissions reduction efforts.
CNH Industrial (NYSE: CNHI) announced it will release its Third Quarter 2021 financial results on November 4, 2021. A live audio webcast of the results will start at 2:30 p.m. CET and will be accessible via their corporate website. The company also invites stakeholders to an Iveco Group Presentation on November 18, 2021, followed by a non-deal road show starting November 19. Live streaming details for the investor day will be shared close to the event.
CNH Industrial N.V. (NYSE: CNHI) announced the temporary closure of several European manufacturing facilities due to ongoing procurement disruptions and semiconductor shortages. The shutdown will last no more than eight working days in October. The company is actively adjusting its production schedules to navigate the dynamic environment while maintaining strong demand for its products. CNH Industrial remains focused on optimizing its operations to effectively serve its dealers and customers.
The Iveco Group, a new entity from CNH Industrial (NYSE: CNHI), is set for spin-off in early 2022. The unveiling of its logo symbolizes this transition, showcasing its role as a holding company for eight distinct brands. The logo emphasizes stability with a sober design and signifies the Group's commitment to sustainable innovation. Key brands include IVECO, FPT Industrial, and Iveco Defence Vehicles, along with financing arm Iveco Capital, which will support new business models. This move reflects a strategic consolidation aimed at enhancing operational efficiency.
CNH Industrial N.V. (NYSE: CNHI) has successfully completed a private placement offering of CAD$ 300 million in 1.50% notes due October 1, 2024. The offering was made to accredited investors in Canada at an issue price of 99.936%. Proceeds will enhance working capital and may be used to repay existing indebtedness. The notes, which are senior unsecured obligations, will pay interest semi-annually beginning April 1, 2022, and are guaranteed by subsidiaries of CNH Industrial. The securities have not been qualified for public sale under Canadian laws.
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