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.
Air Liquide and IVECO, part of CNH Industrial, have signed a Memorandum of Understanding to advance hydrogen mobility in Europe. This partnership aims to develop heavy-duty fuel-cell electric trucks and establish a network of hydrogen refueling stations across European transport corridors. The collaboration builds on previous efforts like the HyAMMED project in France, targeting the decarbonization of long-haul freight. Both companies emphasize the importance of hydrogen in reducing transportation emissions and meeting global net-zero targets.
CNH Industrial N.V. (NYSE: CNHI) was recognized by CDP as a global leader in corporate sustainability, achieving a double ‘A’ rating for its efforts in tackling climate change and protecting water security. Out of over 13,000 companies assessed, only 57 received this double ‘A’ distinction. CEO Scott Wine emphasized the company's commitment to environmental goals and decarbonization. The CDP scoring is respected for its rigorous evaluation of corporate environmental practices, with significant investor interest, underscoring the importance of ESG in the business landscape.
CNH Industrial N.V. (NYSE: CNHI) announced on December 9, 2021, that Fitch Ratings assigned an expected Long-Term Issuer Default Rating (IDR) of ‘BBB-(EXP)’ to Iveco Group N.V. This rating reflects a Stable Outlook. The announcement is part of the context leading up to the planned Admission of Iveco Group shares on Euronext Milan, related to the anticipated Demerger from CNH Industrial set for December 31, 2021. Investors are advised to review the approved Prospectus prior to making any investment decisions due to potential risks associated with the shares.
CNH Industrial (NYSE: CNHI) has announced the acquisition of NX9, a software suite enhancing its ISOBUS capabilities for agricultural products. This strategic investment aims to innovate and improve the company's precision agriculture offerings, providing greater value to farming customers. The acquisition will integrate ISOBUS technologies across CNH's agriculture product portfolio, facilitating seamless operations and accelerating project development. This initiative aligns with CNH's commitment to digital agriculture and strengthens its existing capabilities in the sector.
CNH Industrial N.V. (NYSE: CNHI) has completed its acquisition of Raven Industries, a leader in precision agriculture technology. This strategic move enhances CNH Industrial's digital transformation and strengthens its competitive position. CEO Scott Wine emphasized that Raven's innovations will accelerate their precision and digital strategy, with integrated products set for 2022. Raven, based in Sioux Falls, SD, has a strong reputation in precision agriculture and specialty films, contributing significantly to CNH's growth prospects.
On November 30, 2021, CNH Industrial (NYSE: CNHI) finalized its acquisition of Raven Industries, a leader in precision agriculture technology. This strategic move aims to enhance CNH's competitive position in digital farming, leveraging Raven's innovative capabilities. CEO Scott Wine highlighted the acquisition as pivotal for their digital transformation, with products featuring Raven's technology expected in 2022. Founded over 65 years ago, Raven operates in precision agriculture and other sectors, complementing CNH's diverse portfolio in capital goods.
CNH Industrial (NYSE: CNHI) has achieved recognition at the German Design Awards, with the STEYR Terrus CVT tractor and IVECO T-WAY truck awarded as "Excellent Product Design" winners. This prestigious accolade reflects the company’s commitment to superior design quality, assessed by a diverse jury of 37 experts. The STEYR tractor excelled in the Industry category, focusing on operator comfort and rugged design, while the IVECO T-WAY was acknowledged in the Utility Vehicles category for its robust aesthetics. Both products highlight CNH Industrial’s dedication to innovation and brand identity.
Iveco Group plans to list its shares on Euronext Milan following a demerger from CNH Industrial, with the first day of trading set for January 3, 2022. This separation aims to create a focused company centered on commercial and specialty vehicles, powertrains, and financial services. The Company targets net revenues between €16.5 – 17.5 billion and an adjusted EBIT margin of 5.0% – 6.0% by 2026. Shareholders will receive one new share for every five shares of CNH Industrial they own. Iveco Group has committed to achieving net zero carbon by 2040.
CNH Industrial (NYSE: CNHI) has announced the appointment of Gabriella Porcelli as General Counsel & Chief Compliance Officer for the Iveco Group, effective January 1, 2022. This move is part of the company's strategy for the upcoming spin-off of Iveco into an independent entity in early 2022. Porcelli brings over 25 years of legal experience, having previously held key positions at Fendi, Philip Morris, and the Trans Adriatic Pipeline. Her role aims to ensure compliance with ethical and professional standards in the newly formed group.
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