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.
CNH Industrial is promoting the sustainable use of hemp in North America through a new initiative featuring a video from its New Holland Agriculture brand. The video showcases a 15-acre hemp test farm in Pennsylvania, highlighting the potential benefits of hemp cultivation for economic sustainability and agricultural practices. Collaborating with the National Hemp Association and Penn State University, the project aims to educate producers on the opportunities and challenges of reintegrating hemp into farming. This effort underscores CNH Industrial's commitment to innovative, sustainable agriculture.
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.
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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.