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 reported strong Q4 2020 results with consolidated revenues of $8.5 billion, a 10% increase, and adjusted EBIT of $520 million, up 73%. All segments showed growth year-over-year, with net income totaling $187 million and adjusted net income at $432 million, reflecting a $153 million rise from 2019. Free cash flow reached a record $2.4 billion, while net cash for Industrial Activities improved to $0.8 billion, marking a historic achievement. Liquidity stood at a record $15.9 billion at year-end.
On October 12, 2020, CNH Industrial received two prestigious 2020 Manufacturing Leadership Awards for its innovative Virtual Reality projects, highlighting its commitment to manufacturing excellence. Awarded for Collaborative Innovation, the MR4PD project significantly reduces product development costs and time to market. The Operational Excellence award recognizes the Forklift Simulator, which has halved training time for operators. These achievements underscore CNH Industrial's dedication to sustainable and innovative engineering.
On October 6, 2020, CNH Industrial N.V. (NYSE: CNHI) announced that its subsidiary, CNH Industrial Capital LLC, successfully completed a $500 million offering of 1.875% notes due 2026. The issue price was set at 99.761%, netting approximately $495 million after expenses. The proceeds will be allocated to general corporate purposes, including working capital and debt repayment. The notes are senior unsecured obligations, with interest payments starting January 15, 2021, and maturing on January 15, 2026.
On October 1, 2020, CNH Industrial and Nikola Corporation co-sponsored an event titled "Decarbonization of Heavy Transport and the Role of Hydrogen" in London and Phoenix. The event featured discussions among EU policymakers and industry experts on hydrogen's role in achieving zero-emission transport. CNH's Gerrit Marx emphasized their partnership with Nikola in producing the Tre BEV model at their joint facility in Germany by Q4 2021. Nikola's CEO, Mark Russell, expressed confidence in their contributions to the European Commission's carbon neutrality goals by 2050.
On October 1, 2020, CNH Industrial (NYSE: CNHI) and Nikola Corporation (NASDAQ: NKLA) co-sponsored an event titled “Decarbonization of Heavy Transport and the Role of Hydrogen.” The event gathered EU policymakers and industry experts to discuss hydrogen’s role in achieving zero-emission transport. CNH's Gerrit Marx emphasized the company’s commitment to hydrogen technology and announced plans to begin production of the Tre BEV by Q4 2021 in Germany. Both companies aim to support the European Commission’s goal of carbon neutrality by 2050.
IVECO, a brand of CNH Industrial N.V. (NYSE: CNHI), secured a record order for 100 Stralis Natural Power trucks, powered by compressed natural gas (CNG), from NRG Argentina S.A. This order marks the largest of its kind in South America. Alongside the trucks, NRG has purchased 100 maintenance contracts, supporting the establishment of a service center in Río Negro, Argentina. The Stralis trucks significantly reduce fuel costs by 40-50% and emissions by up to 90%, contributing to eco-friendly transportation solutions.
On September 29, 2020, CNH Industrial N.V. (NYSE: CNHI) announced its subsidiary, CNH Industrial Capital LLC, has priced $500 million in 1.875% notes due 2026. The offering is set to close on October 6, 2020, pending customary conditions. Proceeds from the notes will support general corporate purposes, including working capital and asset purchases, and may be used to repay existing debt. The notes, which will mature on January 15, 2026, will pay interest semi-annually and are guaranteed by two wholly-owned subsidiaries of CNH Industrial Capital LLC.
CNH Industrial N.V. (NYSE: CNHI) announced plans for its subsidiary CNH Industrial Capital LLC to offer new notes, contingent on market conditions. These notes will be guaranteed by its wholly owned subsidiaries, CNH Industrial Capital America LLC and New Holland Credit Company, LLC. Proceeds will be used for working capital, corporate purposes, and debt repayment. The offering is backed by an effective shelf registration statement filed on March 15, 2019, with Citigroup, Barclays, Morgan Stanley, and RBC Capital Markets acting as joint book-running managers.
On September 28, 2020, CNH Industrial N.V. (NYSE: CNHI) announced the immediate resignation of board member Nelda J. Connors. Connors, who also served on the Audit Committee, cited her inability to commit sufficient time due to existing executive responsibilities. CNH Industrial is a global leader in capital goods, operating various brands in sectors including agriculture, construction, and commercial vehicles. Her resignation raises questions about board continuity and leadership impact.
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