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 April 17, 2021, CNH Industrial announced the termination of discussions with FAW Jiefang regarding its On-Highway business. The company is proceeding with plans for a spin-off of these operations in early 2022. CNH Industrial aims to enhance its On-Highway business by focusing on sustainable transport solutions and aligning with the EU's Green Deal objectives. The company is recognized as a global leader in capital goods, operating through various brands in sectors such as agriculture, construction, and commercial vehicles.
Nikola Corporation (NASDAQ: NKLA) has partnered with IVECO and OGE to enhance hydrogen infrastructure in Germany. The collaboration aims to establish a pipeline network for hydrogen distribution to fueling stations supporting fuel-cell electric vehicles (FCEVs). This initiative seeks to innovate the hydrogen economy and meet European transportation needs. Nikola's President of Energy, Pablo Koziner, emphasized the long-term advantages of this partnership in promoting FCEV technologies, while OGE confirmed its commitment to building necessary infrastructure.
IVECO, a brand of CNH Industrial N.V. (NYSE: CNHI), has signed a Memorandum of Understanding with Plus, an autonomous trucking company, to develop autonomous trucks. The collaboration aims to integrate IVECO's S-WAY truck with PlusDrive's autonomous driving system, utilizing IVECO's LNG engine. This partnership is focused on creating sustainable, fuel-efficient, and safe self-driving trucks for large-scale deployment. IVECO has over 20 years of experience in eco-friendly technologies, positioning it as a leader in this market.
CNH Industrial N.V. (NYSE: CNHI) has acquired a minority stake in Bennamann Ltd., a UK-based agricultural technology firm specializing in clean energy solutions. This strategic partnership positions CNH as Bennamann's exclusive agricultural technology partner. The collaboration aims to enhance sustainable farming practices, reduce emissions, and create additional revenue streams for farmers through innovative biomass energy solutions. Bennamann's approach focuses on energy independence and sustainability, actively demonstrating its viability on farms in South West England.
CNH Industrial has launched the Loop Master™ knotting system for its BigBaler High Density range, enhancing bale quality while emphasizing sustainability. This innovative system utilizes a secure double knot, reducing twine waste in the field, which improves environmental protection and animal fodder quality. The evolution of balers, since their inception in the late 1800s, continues to drive agriculture technology forward, and New Holland Agriculture plays a pivotal role in this transformation.
CNH Industrial (NYSE: CNHI) has completed a minority stake acquisition in Augmenta, an agricultural technology firm, enhancing its capabilities in farming automation. The deal positions CNH as a strategic partner in crop sensing and machinery automation, facilitating future R&D collaboration. Augmenta’s advanced system uses AI and real-time data to optimize fertilizer and crop protection applications, promoting sustainability and reducing operating costs. The technology will be accessible globally through CNH's AGXTEND portfolio, further solidifying its commitment to advanced agricultural innovations.
CNH Industrial has launched YOUNIVERSE, the first digital agricultural machinery fair from April 9 to 18, 2021. This immersive platform aims to reconnect farmers and the public amid disruptions in the agricultural trade fair landscape. Accessible via an interactive website and mobile devices, YOUNIVERSE features brand-specific universes for Case IH, STEYR, New Holland Agriculture, and FPT Industrial, offering product exploration, webinars, and expert interactions. This innovative approach highlights CNH Industrial's commitment to engaging with its audience and adapting to changing market conditions.
CNH Industrial N.V. (NYSE:CNHI) has filed its 2020 Annual Report on Form 20-F with the SEC and published its EU Annual Report, both including vital financial statements. The 2020 reports are accessible on the company's corporate website. Additionally, CNH Industrial announced its Annual General Meeting (AGM) scheduled for April 15, 2021, which will be held virtually. Key agenda items include approval of the 2020 EU Annual Report, a proposed cash dividend of €0.11, and the election of the Board of Directors. If approved, shares will trade ex-dividend on April 19, 2021.
CNH Industrial has completed its minority investment in Monarch Tractor, a US agricultural technology firm. This partnership aims to enhance the agricultural industry's transformation towards autonomy and electrification, promoting sustainable zero-emission farming. Monarch Tractor's electric platform integrates autonomous technologies with data management for improved safety and agronomic insights.
Scott Wine, CEO of CNH Industrial, emphasized the importance of this collaboration in advancing their alternative propulsion and precision farming initiatives.
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