CNH INDUSTRIAL N.V. - CNHI STOCK NEWS

CNH's New Holland Construction is contributing to Denmark's carbon emission reduction goals through its electric mini excavators at Roskilde Technical School. The school, aiming to be a sustainability leader, uses two electric mini excavators for student training in landscaping and construction projects. These machines offer zero tailpipe emissions, low noise operation, and indoor usability due to their compact size. Denmark targets a 70% reduction in greenhouse gases by 2030 and aims to be climate-neutral by 2050.

New Holland, a CNH brand, celebrated Rural Women's Day in Córdoba with its 'Women in Campaign' program, gathering over 50 women from various agricultural sectors. The event, held at Santa Julia Establishment of the Catholic University of Cordoba, featured discussions on livestock experience and agricultural initiatives. Banco Santander professionals provided talks on emotional intelligence, personal finance, and agricultural technology. Participants conducted dynamic tests with New Holland tractors and engaged in networking opportunities. The program aims to reach women across all ages and geographical areas in Argentina, promoting empowerment and innovation in rural communities.

CNH Industrial reported a challenging Q3 2024 with consolidated revenue declining 22% to $4.65 billion due to lower industry demand. Net income decreased to $310 million with diluted EPS of $0.24, compared to $540 million and $0.40 EPS in Q3 2023. The company lowered its full-year 2024 guidance, citing weak end markets and elevated channel inventory levels. Agriculture segment net sales decreased 24% to $3.31 billion, while Construction segment net sales fell 28% to $687 million. The company now expects Agriculture segment net sales to decline 22-23% year-over-year and adjusted diluted EPS between $1.05 to $1.15.

Case IH, a CNH brand, highlights its commitment to promoting women's leadership in agriculture through the story of Romina Bruno, a business administrator managing a family farm in Córdoba. With 20 years of experience, Bruno oversees administration, strategy, and operations, utilizing Case IH equipment including a Puma 150 tractor and an Axial-Flow 5130 combine. The farm focuses on livestock and agriculture, implementing direct seeding with crop rotations. Bruno emphasizes the progress in women's visibility in agricultural leadership roles and encourages aspiring rural women to pursue their goals through training and commitment.

CNH brands Case IH and STEYR have secured prestigious 2025 EIMA Tractor of the Year awards. The Case IH Quadtrac 715 won in the HighPower category for models over 300 horsepower, featuring an FPT Cursor 16 TST twin-stage-turbo engine. The STEYR Plus claimed victory in the Utility category, with its 4120 Plus 70-150 horsepower model featuring a four-cylinder FPT Stage V 3.6-liter engine and S-Control 2 24F/24R powershuttle transmission. The awards were judged by European farm machinery journalists at the International Exhibition of Agricultural and Gardening Machinery (EIMA) in Bologna, Italy.

New Holland, a CNH brand, has secured the Agroleite Trophy for the 15th time in its history. The award, nicknamed the 'Oscars of milk,' recognizes excellence in the milk production chain since 2002. The company won in the Machinery and Equipment category through public internet voting, acknowledging their innovative technologies and solutions for dairy farming productivity and sustainability.

Márcio Contreras, New Holland's Commercial Marketing Director for Latin America, expressed gratitude for the recognition and highlighted their commitment to serving all customer profiles. The company's portfolio includes advanced technology solutions such as foragers, balers, disc cutter mowers, spreaders, and rakes, designed to enhance cattle breeders' business profitability.

STEYR, a CNH brand, has been awarded the BIG SEE Product Design Award in Slovenia for its Plus 80-117hp tractors. The Plus series, launched within the past year, features new styling by David Wilkie's team and includes five models with FPT Stage V emissions-compliant engines. The tractors offer innovative features including high-performance lighting and advanced precision farming technology such as S-Guide steering automation and S-Fleet telematics.

The award recognizes STEYR's commitment to combining style with sustainability and productivity. The Plus range, which replaces the Kompakt series, aims to maximize efficiency while minimizing environmental impact in one of STEYR's key markets.

New Holland Construction, a CNH brand, has launched the E90D midi excavator, featuring a class-leading 73-horsepower engine. The new model combines power with efficiency, consuming only 2.5 gallons of fuel per hour while delivering 42 gallons per minute auxiliary hydraulic flow. Dan Kakareka, product manager for New Holland Construction North America, emphasizes the machine's versatility, customization options, and safety features, positioning it as a comprehensive solution for various job site applications.

New Holland, a CNH brand, has won the 2024 ABX (Automotive Business) Award in the "Collaborative Innovation" category for its Accessible TL5, the world's first accessible tractor. The award recognizes projects with high potential for positive impact and innovative proposals that deliver new value to the automotive industry, mobility, and society.

Eduardo Kerbauy, vice president of New Holland for Latin America, expressed pride in receiving the award, highlighting the tractor's role in enabling people with reduced mobility in the lower limbs to perform agricultural activities independently. The development of the Accessible TL5 involved input from a New Holland customer who uses a wheelchair, addressing a real need among farmers.

This achievement underscores New Holland's commitment to improving customer experience and promoting inclusion in the agricultural sector.