CNH INDUSTRIAL N.V. - CNHI STOCK NEWS

CNH (NYSE: CNH) announces strategic leadership changes in its Agriculture business for North America and EMEA regions, effective early 2025. Scott Harris, current Global Brand President of Case IH and STEYR, will become President, North America on January 1, 2025, replacing Vilmar Fistarol who steps down after 34 years. Markus Müller, former executive at DEUTZ AG, will join as President, EMEA on March 1, 2025, succeeding Carlo Alberto Sisto.

These appointments aim to capitalize on market opportunities and prepare for an agricultural cycle upswing. Stefano Pampalone will serve as interim EMEA President until Müller's arrival. The changes reflect CNH's focus on strengthening its regional leadership with experienced executives to drive strategic goals and success in these key markets.

CNH's construction brand CASE Construction Equipment unveiled a special edition CASE TV450B compact track loader inspired by Metallica frontman James Hetfield at the Helping Hands charity concert on December 13. The custom-designed loader, commissioned by Hetfield, features design elements inspired by his tattoos, band graphics, and personal style, including a skull with wings motif and sandy camouflage pattern matching his Snakebyte electric guitar.

The design was created by CNH designer John Piper and brought to life by Senior Designer Darin Weisensel at the CASE production facility in Wichita. The TV450B is primarily used for digging, loading and dumping in construction and landscaping activities. The machine will be used at Hetfield's ranch following its debut.

New Holland Construction, a CNH brand, served as an official sponsor of the Red Bull Los Andes race in Chile. The event, featuring over 200 of the world's top riders competing in the Andes Mountains, showcased New Holland's construction equipment in prominent roles. The brand's yellow excavators formed the starting arch, while skid steers and backhoes demonstrated their capabilities during the event.

Through SKC, New Holland's official Chilean distributor, the company reinforced its commitment to extreme sports and community engagement. Fernando Conforti, Commercial Manager of Territory of New Holland Construction Latin America, emphasized how the event aligned with the brand's values and identity.

Case IH, a CNH brand, is supporting innovative water management in Australian agriculture. At 'Wagaby', a mixed farming property near St George, Queensland, Ian Todd is implementing a bankless irrigation system across 1200ha of irrigated paddocks. The transition from syphon to surface irrigation is being executed using Case IH machinery, including a new Steiger 555 tractor and Horwood Bagshaw Grader Scraper.

According to GL Water Services' Glenn Lyons, the new system offers significant benefits: 20-30% improved efficiency in daily hectare coverage, up to 15% water savings, and reduced labor requirements, all without impacting yields. The property has recently planted cotton and begun wheat harvesting using Case IH Axial-Flow 7240 harvesters.

CNH's Case IH brand has opened its combine ordering period for 2025, introducing new features in the Axial-Flow series. The Axial-Flow 260 Series comes equipped with dual Pro 1200 displays offering comprehensive operation monitoring and real-time grain quality imaging. The series incorporates Harvest Command™ automation technology, designed to streamline the harvesting process by reducing operator-monitored functions.

The AF9 and AF10 Series focus on enhanced power, efficiency, sustainability, and throughput. The AF9 delivers 634 horsepower while the AF10 provides 775 horsepower, enabling increased crop flow and speeds without additional machine stress.

Case IH, a CNH brand, has donated tractors to support young farmer training at Jeff Farm in Southland, New Zealand. The 2,433ha property, owned by the Salvation Army since the 1950s, was gifted by Edmund Jeff to train young people in farming practices who might not otherwise have such opportunities.

The farm hosts five trainees at a time, providing comprehensive agricultural training including equipment operation, fencing, and stock procedures. The recent addition of a Case IH Puma 220 tractor, supplied through local dealer Agricentre South, has enhanced the training facility's capabilities, offering trainees exposure to advanced agricultural technology and increased horsepower for improved efficiency and productivity.

New Holland, a CNH brand, unveiled its Model Farm project at Nakhon Sawan College of Agriculture and Technology (NSCAT) in Thailand. The 45-hectare facility, set to be fully developed in 2025, will showcase advanced New Holland machinery and precision technology. The Model Farm will serve as a training facility for college students, a demonstration hub for customers, and a learning center for the agricultural community. During the event, New Holland donated tractors and equipment to NSCAT, which will benefit over 100 students. The company has committed to establishing a technical training center and developing curriculum standards in partnership with the college.

New Holland, a CNH brand, is enhancing harvesting efficiency in Australia's 2024 grain season with its Twin Rotor™ CR combines. The machines feature advanced technology for maximizing grain quality and minimizing losses. Key features include the Opti-Clean™ and Opti-Fan™ systems, IntelliSense™ automation, Dynamic Flow Control™ rotor vanes, and the new Opti-Spread™ Plus residue management system. The company maintains strategically located parts inventory across Australia to ensure minimal downtime for farmers. According to Marc Smith, Product & Portfolio Manager, the focus is on efficient harvesting to prevent crop quality deterioration due to weather exposure.

Case IH, a CNH brand, has introduced the new Axial-Flow 160 Series of combines manufactured at the Ferreyra plant, Córdoba. The series includes models 5160, 6160, and 7160, featuring advanced harvest automation powered by Artificial Intelligence. The technology incorporates 12 sensors that self-regulate operations, automatically controlling 90% of functions with up to 1,800 daily interventions. The combines offer four harvesting strategies: grain quality, maximum yield, fixed yield, or balanced yield. Notable improvements include a 10% increase in operational efficiency and up to 11% fuel savings, achieved through optimized engine load and an enhanced electronic transmission system.