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. (NYSE: CNH) generates a steady flow of news across agriculture, construction, technology and finance. As an equipment, technology and services company, it issues updates on Ag Tech innovations, product recognition, strategic technology roadmaps and capital markets activity. Its global and regional brands, including Case IH, New Holland, CASE, STEYR, Raven and others, frequently appear in announcements tied to new technologies, awards and industry events.
Recent communications from CNH highlight agricultural technology developments that span the crop cycle, from field preparation and planting to crop protection and harvesting. The company reports on AI-driven and autonomous solutions, precision spraying systems, digital farm management via the FieldOps™ platform, and connected equipment ecosystems. News items also cover recognition from organizations such as the American Society of Agricultural and Biological Engineers and Farm Machine of the Year awards for Case IH and New Holland machines and technologies.
In addition to product and technology updates, CNH’s news includes leadership appointments, sustainability publications, and financing activities such as bond offerings and notes issued by subsidiaries like CNH Industrial Finance Europe S.A. and CNH Industrial Capital LLC. The company also provides quarterly financial results and outlook commentary, discussing segment performance in Agriculture, Construction and Financial Services, as well as factors like industry demand, tariffs and geographic sales mix.
Investors, industry professionals and equipment users can use this news stream to follow CNH’s progress on its Breaking New Ground purpose, its Road to 2030 strategy themes, and its efforts to advance innovation, sustainability and productivity in agriculture and construction. Regular updates offer insight into how CNH’s brands, technologies and financial services evolve over time.
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On May 17, 2021, CNH Industrial (NYSE: CNHI) announced that its subsidiary, CNH Industrial Capital LLC, priced $600 million in 1.450% notes due 2026. The offering, set to close on May 24, 2021, will fund general corporate purposes and potentially repay existing debts. Interest on these senior unsecured notes will be paid semi-annually, starting January 15, 2022, and they will mature on July 15, 2026. The notes are guaranteed by two subsidiaries and are part of a shelf registration statement filed with the SEC.
On May 17, 2021, CNH Industrial N.V. (NYSE: CNHI) announced plans by its subsidiary, CNH Industrial Capital LLC, to offer new notes, subject to market conditions. These notes will be guaranteed by two wholly-owned subsidiaries. The net proceeds will be utilized for general corporate purposes and debt repayment. The offering is supported by leading financial institutions acting as underwriters and is conducted under a shelf registration statement with the SEC. This move aims to strengthen CNH Industrial's financial position.
CNH Industrial has set an ambitious goal of achieving zero-waste across its manufacturing plants in Brazil. Led by Fabio Belasco, the company has implemented various initiatives, including waste-reduction programs and worm farms, to change employee mindsets about waste. As a result, six of seven plants have reached zero waste to landfill a year ahead of schedule, with 99.7% of waste recycled across South America. Additionally, the company has reduced overall waste by 15% in the past two years, reflecting its commitment to sustainability and Life Cycle Thinking.
CNH Industrial announced its 2021 first quarter results, showcasing a remarkable performance with consolidated revenues reaching $7.5 billion, a 37% increase compared to Q1 2020. Net income stood at $425 million, while adjusted diluted EPS was $0.32. Industrial Activities net cash reached $0.6 billion as of March 31, 2021. The company reported an adjusted EBIT of $545 million, driven by strong demand in Agriculture and Commercial Vehicles, marking a significant recovery from $148 million loss a year prior.
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CNH Industrial N.V. (NYSE: CNHI) has appointed Parag Garg as Chief Digital Officer and Marc Kermisch as Chief Information Officer for Off Highway business, enhancing its Senior Leadership Team. This follows the earlier appointment of Kevin Barr as Chief Human Resources Officer. These appointments aim to bolster customer-centricity and strengthen CNH Industrial’s digital offerings, innovation, and IT infrastructure. Garg brings over 20 years of experience from T-Mobile and Amazon, while Kermisch has over two decades of experience from OptumRx. Barr joined from Terex Corporation, bringing extensive HR expertise.
CNHI (NYSE: CNHI) will announce its Q1 2021 financial results on May 5, 2021, with a live conference call starting at 3:30 p.m. CEST. Investors can access the webcast via this link. A replay will be available for two weeks after the event on the company's website. CNHI is a global leader in the capital goods sector, offering a range of products across various brands including Case IH and Iveco. More information is accessible at www.cnhindustrial.com.
On April 17, 2021, CNH Industrial announced the termination of discussions with FAW Jiefang regarding its On-Highway business. The company is proceeding with plans for a spin-off of these operations in early 2022. CNH Industrial aims to enhance its On-Highway business by focusing on sustainable transport solutions and aligning with the EU's Green Deal objectives. The company is recognized as a global leader in capital goods, operating through various brands in sectors such as agriculture, construction, and commercial vehicles.
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