CNH INDUSTRIAL N.V. - CNHI STOCK NEWS

On June 5, 2024, CNH supports World Environment Day, addressing issues like land degradation, desertification, and drought under the UN's #GenerationRestoration promotion. CNH has showcased videos highlighting sustainable practices, such as no-till planting in Brazil and the development of electric-powered construction equipment.

CNH Industrial, listed on NYSE under the symbol CNHI, is a leading equipment and technology company. It focuses on innovation, sustainability, and productivity across its brands, including Case IH, New Holland, STEYR, and more. CNH emphasizes global and regional initiatives to drive customer efficiency and success, supported by a diverse workforce of 40,000+ employees.

For additional information and reports, visit CNH's website.

CASE, a CNH brand, unveiled 11 new products at the M&T Expo 2024 in Sao Paulo, Brazil, including the eco-friendly 850M compact crawler tractor and an improved W20G wheel loader. The event also introduced a new line of four mini-excavators, featuring an electric model. The 850M will be produced locally in Brazil, making CASE the exclusive manufacturer of this line in the country, with exports planned for the U.S. and Asia-Pacific.

The new equipment emphasizes enhanced comfort, safety, and environmental performance. The W20G, marking 50 years of production in Brazil, now offers better operator visibility and a more powerful engine. The mini-excavator line, manufactured in Italy, includes the CX22D, CX35D, CX42D, and the electric CX15EV model.

All CASE machines produced in Brazil come with telemetry capabilities, accessible via the newly launched myCASE Construction platform. This allows real-time fleet monitoring, predictive maintenance, and performance optimization. The CASE SiteConnect Center, established last year, provides specialized support to ensure efficient operation.

CNH announced the successful pricing of its offering of €750 million in principal amount of 3.75% notes, due June 11, 2031. The issue price is 99.168% of the principal amount, with the notes issued under CNH's Euro Medium Term Note Programme. The closing is expected on June 11, 2024. Net proceeds will be utilized for general corporate purposes, including debt repayment. Application for trading on Euronext Dublin's Global Exchange Market will be made. The notes will be sold only outside the U.S. to institutional investors and won't be registered under the U.S. Securities Act.

CNH has launched the second story in its 'A Sustainable Year' series, emphasizing the inclusion of women in the workforce. The latest article, 'Training women for the workforce,' features the first female apprentices at CNH India's Greater Noida agricultural manufacturing plant. Bharti Bist, Diversity & Inclusion Head for Asia Pacific at CNH, underscores the company's commitment to integrating women at all levels. The story also highlights the career journey of Tanaruchi Sil, who advanced from a receptionist to a Senior Business Manager over nearly three decades. CNH Industrial, a global leader in equipment, technology, and services, continues to drive innovation and productivity through its diverse, inclusive workforce.

CNH Industrial's New Holland celebrates 60 years of production at its Basildon, UK plant with a special edition T7.300 tractor. This milestone highlights the plant's role as an Alternative Fuels Centre of Excellence and global tractor production facility. Originally developed by Ford and later acquired by Fiat, the Basildon plant now produces a tractor every five minutes, exporting 85% of its output. The anniversary edition features a vibrant ‘Swinging ‘60s' design and will be showcased throughout 2024. Recent investments include the production of methane-powered tractors, reinforcing New Holland's commitment to clean energy and innovation.

CNH Industrial (NYSE:CNH) announces that Derek Neilson, head of the Agricultural Segment, will step down later this year to pursue a new entrepreneurial project after 25 years with the company.

Neilson has held various leadership roles, contributing significantly to manufacturing, the commercial vehicles division, and the EMEA region, and also served as interim CEO. For the past six years, he has led CNH’s agricultural business, achieving record performance and driving digital innovation.

Suzanne Heywood, Chair of CNH, praised Neilson’s dedication and his role in the company's transformation. CNH will continue focusing on customer-centric digital products under the leadership of the team Neilson has developed.

CNH Industrial is a global equipment and technology company, committed to innovation, sustainability, and productivity, with brands like Case IH, New Holland, and Raven leading in agriculture and construction sectors.

New Holland, a brand of CNH, showcased its 100% connected tractor line at the 21st edition of Tecnoshow Comigo in Rio Verde, Brazil. The event highlighted the T8 and T9 PLM Intelligence high-power tractors and the CR Intellisense harvester.

The T8 and T9 models feature a remodeled electronic architecture for digital and high-performance agriculture, offering higher productivity with lowered operating costs. PLM Intelligence aids farmers in precision agriculture, optimizing fleet management and agricultural operations through full connectivity.

The CR Intellisense harvester uses AI to allow operators to choose various harvesting strategies, enhancing crop efficiency. The CR line also includes advanced features such as a spacious cabin, LED lighting, onboard telemetry, and a stone detection system.

Case IH, a CNH brand, has launched the Axial-Flow Series 160 Automation harvesters, fully produced in Brazil. With an investment of R$ 100 million, the Sorocaba plant has been upgraded to become the global production hub for these harvesters, which belong to classes 5 to 7.

This new line features significant technological advancements, including a 60% machinery renewal and an advanced Automation System that utilizes AI and machine learning. The system can control 90% of operations, making up to 1,800 daily interventions to optimize performance.

The project involved over 1,300 trained personnel and 90 dedicated professionals, including engineers from Brazil, the US, and Europe. The new harvesters have been tested in various countries, including the US, European nations, and Brazil. Case IH aims to double the production volume at the Sorocaba plant, with 50% of the output expected to be exported to the US, Europe, Asia, and the Pacific regions.

STEYR, a brand of CNH, has won a significant accolade for its new STEYR Plus tractor range.

The STEYR Plus, which debuted at Agritechnica 2023, secured the prestigious Red Dot Design Award in the Product Design category. Competing against global entries, the innovative design of STEYR Plus was selected by an international jury of design experts.

The award ceremony will take place on June 24 at the Red Dot Museum in Essen, Germany. The STEYR Plus will also feature in the Red Dot Design Yearbook and be displayed in upcoming Red Dot Design exhibitions.

The STEYR Plus range consists of five models in the 80-120hp category, which is the largest sales sector in Europe. The tractors integrate advanced features such as S-Guide steering automation and S-Fleet telematics, designed to enhance operational efficiency and safety. The new design aims to uphold STEYR's reputation for high-quality, technologically advanced tractors.