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. (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.
On December 23, 2021, CNH Industrial N.V. (NYSE: CNHI) announced shareholder approval for the demerger of Iveco Group from CNH Industrial, with over 99% in favor. The demerger is expected to complete on December 31, 2021, with an effective date of January 1, 2022. Shareholders are entitled to one share of Iveco Group for every five CNH Industrial shares held as of January 4, 2022. Additionally, two new non-executive directors were appointed during the meeting. This announcement serves as an advertisement and is not a prospectus for the public offering of shares.
CNH Industrial announced the sixth iteration of its IVECO Solidarity Cargo initiative, which supports communities in Brazil affected by the pandemic. This year's focus is on the town of Cantanhede, where donations include sewing machines, toys, and educational equipment for schools. The project, active since 2015, targets areas with low Human Development Index ratings, aiming to uplift those in social vulnerability. Through such efforts, CNH Industrial and IVECO strive to bring hope and joy to communities during the holiday season.
CNH Industrial’s brands New Holland Agriculture and FPT Industrial are collaborating with Fontanafredda vineyard in Italy to produce the world’s first zero-emission Barolo wine. This innovative effort utilizes a biomethane-powered tractor, enhancing sustainable viticulture practices. The tractor, based on the New Holland crawler design, runs on natural gas generated from agricultural waste, promoting a circular economy. This partnership signifies a step toward decarbonizing agriculture, as Fontanafredda aims for a completely emissions-free wine production process.
Iveco Group N.V. plans to list its common shares on Euronext Milan following a statutory demerger from CNH Industrial N.V. The admission is set for January 3, 2022, and the Netherlands Authority for the Financial Markets has approved the necessary prospectus supplement. This listing is part of a broader strategy to separate business segments and enhance focus on commercial vehicles and powertrain services. Potential investors are advised to consult the prospectus for detailed risk and reward assessments before investing.
CNH Industrial (NYSE: CNHI) announced the appointment of Alessandra Ramorino as the Chief Internal Audit Officer for the Iveco Group, effective April 1, 2022. Ramorino, with nearly 30 years at Brembo, replaces Federico Castino, who served as interim Head of Internal Audit. She is expected to enhance internal auditing processes, ensuring the company's financial and operational practices meet high standards. Ramorino is an experienced auditor with a strong background in corporate governance, having previously held leadership roles in financial oversight.
CNH Industrial (NYSE: CNHI) and Plus have partnered to launch a pilot project in Europe and China, focusing on the integration of autonomous driving technology with IVECO's S-WAY trucks. This trial will assess Plus's advanced technology in various driving conditions, combining driver-in solutions and Level 4 autonomy. The partnership aims to enhance truck productivity and reduce operational costs through comprehensive testing. Both companies emphasize the importance of safety, performance, and sustainability in this technological advancement.
New Holland Agriculture, a brand of CNH Industrial (NYSE: CNHI), received two silver medals in the Agritechnica Innovation Awards for its Baler Automation System and Combine Residue Automation System. The awards, given by the DLG German Agricultural Society, recognized innovation among over 160 entries. The Baler Automation System enhances productivity, safety, and fuel efficiency, while the Combine Residue Automation System improves crop yield and soil conditions. These awards underscore CNH's commitment to advancing sustainable agricultural solutions.
CNH Industrial (NYSE: CNHI) has released a presentation detailing combined financial figures for the Off-Highway and On-Highway businesses as of September 30, 2021. This document aims to assist investors in understanding the implications of the demerger with Iveco Group, effective on January 1, 2022. The financial data is unaudited, with Off-Highway figures prepared under US GAAP and On-Highway figures under IFRS. The presentation is accessible on the company's website.
CNH Industrial has received recognition for four agricultural innovations at the 2022 ASABE AE50 Awards, held annually by the American Society of Agricultural and Biological Engineers. Notably, Case IH secured three awards for the Patriot 50 series sprayer, WD5 series windrower, and Fast Riser 6100 series planter. New Holland Agriculture was awarded for its Horizon™ Ultra tractor cab, distinguished as the quietest in the industry. These accolades affirm CNH Industrial's commitment to innovation in agricultural engineering, aimed at enhancing productivity and efficiency for farmers.
IVECO, part of CNH Industrial (NYSE: CNHI), has partnered with Air Liquide to advance hydrogen mobility in Europe. This collaboration aims to develop heavy-duty fuel-cell electric trucks and establish a network of hydrogen refueling stations along key transport corridors. The partnership builds on their joint efforts in the HyAMMED project in France, targeting the decarbonization of long-haul freight mobility. Luca Sra from IVECO emphasized the importance of sustainable transport solutions, while Air Liquide's Matthieu Giard highlighted hydrogen's potential in reducing transport emissions.
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