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CNH Industrial N.V. (symbol: CNHI) is a global leader in the capital goods sector, renowned for its extensive industrial experience and a wide array of products. The company boasts a significant presence worldwide, with each of its brands being a major international force within their specific industrial sectors. CNH Industrial's brands include:
- Case IH, New Holland Agriculture, and Steyr for tractors and agricultural machinery
- Case and New Holland Construction for earth moving equipment
- Iveco for commercial vehicles
- Iveco Bus and Helieuz Bus for buses and coaches
- Iveco Astra for quarry and construction vehicles
- Magirus for firefighting vehicles
- Iveco Defence Vehicles for defence and civil protection
- FPT Industrial for engines and transmissions
Recently, CNH Industrial has achieved notable milestones. Case IH launched the new Axial-Flow Series 160 Automation in Brazil, incorporating advanced artificial intelligence for improved productivity. New Holland celebrated 60 years of its tractor factory in Basildon, England, by unveiling a special edition tractor and reinforcing its role as the Alternative Fuels Centre of Excellence. Furthermore, CASE presented an eco-friendly compact crawler tractor and a new wheel loader version at the M&T Expo 2024, emphasizing sustainability and efficiency.
Financially, CNH Industrial is robust, continuously investing in innovations and infrastructure, which is evident in the recent R$100 million investment in the Sorocaba plant in Brazil. The company also focuses on workforce training and technological advancements to maintain its competitive edge. Partnerships with local and international entities ensure that their products are always at the forefront of technology and efficiency.
In terms of environmental sustainability, CNH Industrial has made significant strides. The company supports World Environment Day and participates in initiatives to combat land degradation, desertification, and drought. The introduction of eco-friendly machinery, like the 100% electric mini excavators and the T6.180 Methane Power tractor, highlights their commitment to sustainability.
For more detailed information about CNH Industrial and its operations, visit their corporate website at www.cnhindustrial.com. For career opportunities, check their LinkedIn profile or the careers section on their website.
CNH (NYSE: CNH) has announced a significant leadership change in its Human Resources department. Francesco Tutino will become the new Chief Human Resources Officer (CHRO) effective May 1, 2025, joining the company's Global Leadership Team at their North American headquarters in Oak Brook, Illinois.
Tutino, who brings extensive multinational HR experience, will succeed Kelly Manley, who is departing after 20 years of service. His previous roles include Group Chief HR & Organization Officer at Prysmian and Chief Human Resources and IT Officer at Iveco Group, along with over 10 years of experience at CNH and Iveco Group combined.
Under Manley's leadership as Chief Diversity & Inclusion, Sustainability and Transformation Officer and later as CHRO, CNH strengthened its culture and advanced its sustainability goals. The company, with 40,000+ employees globally, operates through various brands including Case IH, New Holland Agriculture, CASE and New Holland Construction Equipment.
CNH (NYSE: CNH) has achieved a remarkable position in S&P Global's 2025 Sustainability Yearbook, ranking in the top 5% among over 7,600 companies across 62 industries. The company secured the second position in the Machinery and Electrical Equipment Industry category with a score of 79/100.
This achievement follows CNH's inclusion in the Dow Jones Sustainability World and North America Indices. The company's sustainability efforts include reducing carbon emissions, increasing renewable energy use, and expanding remanufacturing operations. Notable innovations include automated combine harvesters with enhanced efficiency features and the industry's first electric backhoe loader.
Additionally, CNH received A- Climate and A- Water scores from CDP for their 2024 results. The company's commitment to sustainability spans its agricultural and construction equipment brands, including Case IH, New Holland, CASE, and other regional brands, serving its 40,000+ employees and global customer base.
CNH Industrial (NYSE: CNHI) reported declining financial results for Q4 and full year 2024. Fourth quarter consolidated revenues fell 28% to $4.88 billion, with net income dropping 70% to $176 million. Full year 2024 consolidated revenues decreased 20% to $19.84 billion, while net income declined 45% to $1,259 million.
The company's performance was impacted by lower industry demand for Agriculture and Construction equipment, along with significant channel destocking efforts. Agriculture dealer inventory decreased by over $700 million in Q4 due to focused retail sales support and 34% fewer production hours.
Looking ahead to 2025, CNH forecasts lower global industry retail sales in both agriculture and construction equipment markets compared to 2024. The company expects Agriculture segment net sales to decline between 13-18% year-over-year, and Construction segment net sales to decrease between 5-10%. The adjusted diluted EPS outlook for 2025 is between $0.65 to $0.75.
CNH (NYSE: CNH) has announced it will release its Fourth Quarter and Full Year 2024 financial results on Tuesday, February 4, 2025. The company will host a live audio webcast and conference call at 9:00 a.m. ET on the same day. A replay will be available in the Investor Relations section of CNH's website.
CNH is a global equipment, technology, and services company operating through multiple brands including Case IH, New Holland Agriculture, CASE, New Holland Construction Equipment, STEYR, Raven, Hemisphere, Flexi-Coil, Miller, and Eurocomach. The company employs over 40,000 people globally and focuses on innovation, sustainability, and productivity across agricultural and construction sectors.
CNH's construction brands have secured two prestigious Good Design Awards for their innovative electric equipment designs. The CASE 580EV Electric Backhoe Loader, the industry's first production-ready electric backhoe loader, and the New Holland Construction W40X Electric Power compact wheel loader were both recognized by the Chicago Athenaeum Museum of Architecture and Design.
The CASE 580EV features electric blue decaling, ergonomic controls, an 8-inch touch screen, and advanced safety features including adjustable strobe lights. The New Holland W40X showcases a 'Clean Blue' design with the brand's iconic leaf symbol, emphasizing alternative propulsion technology.
These awards validate CNH's commitment to innovation, sustainability, and productivity in the construction equipment sector, demonstrating the company's ability to combine aesthetic excellence with functional engineering.
CNH Industrial (NYSE: CNH) has launched an innovative AI-powered chatbot called CNH AI Tech Assistant to enhance dealer support services. The tool is currently operational across more than 300 authorized agriculture and construction dealer groups in North America, Australia, and New Zealand, with plans for global expansion.
The AI Tech Assistant simulates conversations to provide diagnosis and repair plans for CNH brand machines, helping dealer technicians save time on repairs through quick and accurate technical responses. Developed with dealer feedback, this first-of-its-kind tool aims to simplify repair processes, improve uptime, and enhance customer satisfaction.
CNH (NYSE: CNH) has appointed Luis Abreu as Chief Information Officer (CIO), joining the company's Global Leadership Team (GLT). Abreu brings over 20 years of experience with CNH and its predecessor companies, having started his IT career at Iveco in 2005 and most recently serving as Acting CIO since August 2024.
CEO Gerrit Marx expressed confidence in Abreu's ability to advance CNH's IT organization, citing his extensive global and regional expertise. The appointment aligns with CNH's strategic priorities for profitable long-term growth globally, focusing on leveraging cutting-edge technologies to enhance both internal operations and customer benefits.
CNH Industrial (NYSE: CNHI) has received ten AE50 2025 awards from the American Society of Agricultural and Biological Engineers (ASABE), representing 20% of all awards given. The awards recognize innovative products in food and agricultural industries.
The Case IH brand won awards for: the Axial-Flow 260 series combines with integrated technology; C500 series corn heads; Large Square Baler Automation controls; Quadtrac Heavy-Duty Suspension system; Model Year 2025 Magnum tractors with APM2 technology; and the Modular Tramline System for the Early Riser 2160 planter.
New Holland secured awards for: the IntelliSense™ Bale Automation system with SmartSteer™ and IntelliCruise II™; the CropSpeed Monitoring System for FR Forage Cruiser harvesters; and the UltraFeed™ Pickup head with 13-foot working width.
CNH brands, CASE Construction Equipment and New Holland, have been featured in the CSR Good Book for their corporate social responsibility initiatives. New Holland's Sustainable Environment Solution project, focusing on straw management, and CASE India's Hunar & LEAD projects, centered on youth skill development training, were highlighted in the publication.
The book also included profiles of key CNH personnel including India Sales Director Sandeep Gupta, CASE Marketing Director Puneet Vidyarthi, and CSR India Lead Kavita Sah. At the book release event, Kavita Sah participated in a panel discussion on corporate environmental responsibility, covering topics such as carbon footprint reduction, green technology, innovation, and sustainable resource management.
CNH's India CSR lead, Kavita Sah, has been awarded the Mahatma Award for Leadership in CSR and Social Impact 2024 for her contributions as a CSR leader. The award ceremony took place at the India International Centre and was featured in the Economic Times. The Mahatma Award recognizes global impact leaders and changemakers driving social impact and sustainability initiatives. Since 2017, the award has acknowledged over 600 organizations and leaders across various sectors.
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