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CNH INDUSTRIAL N.V. - CNHI STOCK NEWS

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.

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CNH, a global equipment and technology company, announced several initiatives at its first Thai Media Day to enhance agriculture productivity and sustainability in Thailand. The company is partnering with Nakhon Sawan College of Agriculture and Technology (NSCAT) to transform 45 hectares into a model farm for hands-on training and research. CNH is also supporting curriculum development focused on modern agriculture machines and precision farming technologies.

Additionally, CNH is strengthening its collaboration with KMITL for curriculum design, practical training, and internship programs, extending to agriculture R&D. The company supports education initiatives, including a scholarship program with Pakdee College. CNH employs about 200 people in Thailand, which serves as its Asia-Pacific regional headquarters, supporting farmers and builders with its global brands Case IH, New Holland, CASE, and New Holland Construction Equipment.

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CNH, a global equipment and technology company, is collaborating with Oxfam on two social projects in Africa aligned with UN Sustainable Development Goals. The Sumud Project in Tunisia aims to promote sustainable economic growth for micro, small, and medium enterprises in agriculture, tourism, and artisanal sectors. It will support about 1,000 people in vulnerable communities, focusing on businesses led by youth, women, and people with disabilities.

CNH will provide financial, technical, and training support, participating in the selection of agricultural enterprises and offering expertise, technology, and coaching programs. The project, co-financed by the Italian Agency for Development Cooperation, involves various Italian and Tunisian organizations. In South Africa, CNH is supporting the Social Factory Initiative for plastic recycling and social inclusion.

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In Freire, Chile, Julián Seco López has chosen New Holland tractors for his family's European hazelnut production project. The project, which produces over 300,000 tons seasonally and exceeds 2,000 kg per hectare, focuses on efficiency through mechanization. New Holland's T4 tractors offer versatility for various tasks, including planting, transport, and pruning waste management. This mechanization, coupled with modern technologies and a complete process line, has significantly improved business profitability.

Juliano Mendonca, New Holland's marketing manager, emphasizes the importance of building strong relationships with customers. The success of López's project is attributed to the combination of specialized tractors and quality after-sales service provided by SKC, New Holland's official distributor, contributing to both operational efficiency and sustainability.

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New Holland, a brand of CNH, has achieved a significant milestone at its Basildon plant in England, producing its two millionth tractor in the same year the facility celebrates its 60th anniversary. The landmark tractor is a 225hp T7.225 model, featuring a special celebration livery. This achievement underscores the plant's longevity and the brand's commitment to innovation in agricultural technology.

The Basildon plant has a rich history, having produced its 500,000th tractor in 1984 and its one millionth in 1989. Today, it continues to export globally and has expanded to include an Alternative Fuels Centre of Excellence, focusing on developing tractors powered by alternative fuels such as methane and compressed natural gas. This milestone reflects New Holland's dedication to sustainable farming solutions and its ongoing evolution in tractor manufacturing.

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CNH has inaugurated a production line for its new electric compact wheel loader at its plant in Lecce, Italy. The model, designed in the plant's R&D centre, will be produced as CASE 12EV and New Holland W40X, targeting global markets. This addition completes CNH's range of compact electric vehicles, responding to the growing demand for sustainable, zero-emission machinery in construction and agriculture.

The new electric loader offers low noise and zero emissions, making it ideal for indoor operations, night-time construction, and noise-sensitive applications. It boasts high performance and lower operating costs compared to diesel alternatives. The model features a 3-6 hour range and can be recharged using a standard 230V socket or an optional fast charger, which can charge the 23-kWh lithium-ion battery from 20% to 80% in just one hour.

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CNH's brand STEYR and TU Wien have unveiled the FCTRAC, an innovative hydrogen fuel cell-powered concept tractor. Based on a STEYR 4140 Expert CVT tractor, the project aims for end-to-end sustainability with a BioH2Module producing hydrogen from biogenic materials. The FCTRAC develops 95 kW, matching its diesel equivalent, and emits only water vapor. It features a 14 kWh high-voltage battery and 400 V electrical system. The project was nominated for the Austrian State Prize for Technology in the 'Mobility Technologies' category, showcasing groundbreaking Austrian technical innovations.

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New Holland, a CNH brand, has partnered with Bluewhite, an AI-driven autonomous farming technology company, to enhance autonomous capabilities for New Holland tractors in North America. The collaboration focuses on distribution, manufacturing, and integration of Bluewhite's autonomous solutions, enabling fully autonomous operations in orchards, vineyards, and specialty crop sectors.

Bluewhite's technology, which utilizes AI, sensor fusion, and precision farming, has been proven to reduce operational costs by up to 85% through savings in inputs, labor, and maintenance. This partnership aims to address challenges such as labor shortages and rising operational costs in the specialty crop market, while bolstering New Holland's strategy to provide autonomous solutions across all segments it serves.

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CNH and its brand CASE IH have partnered with the National University of Córdoba (UNC) to enhance the education of future agricultural professionals. The collaboration aims to connect the local machinery and agricultural technology industry with students and professionals in agricultural sciences. Key highlights include:

1. Implementation of open innovation and leveraging technologies for effective training.
2. 400 students visited the CNH plant in Cordoba, touring the Training Center, manufacturing lines, Ecological Island, and Control Room.
3. The 'Week of the Harvester' event was organized by Máquinas del Centro, an official Case IH dealer, on the university campus.

This initiative demonstrates CNH's commitment to promoting education and fostering the next generation of agricultural experts.

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Case IH, a CNH brand, is expanding its professional training project to Tarumã and Ribeirão Preto in São Paulo, Brazil. The initiative will offer over 1,400 training courses in machine maintenance, Digital Agriculture specializations, and Young Apprentice programs. In Tarumã, a free 18-month Heavy Machinery Maintenance Technician course will provide 40 vacancies every cycle. Ribeirão Preto will host three different training courses in partnership with Senai, including Agricultural Machinery Maintenance and Digital Agriculture. This expansion aims to address the shortage of specialized labor in the agricultural sector and prepare farmers for advancing digital agriculture technologies.

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CASE Construction Equipment, a CNH brand, has launched a new line of compact crawler tractors with 100% Brazilian production. The Contagem plant in Belo Horizonte's Metropolitan Region received R$ 50 million in investments to become the World Production Hub for CASE's crawler tractor line, covering six models from 6 to 22 tons.

The new tractors feature enhanced environmental performance, with pollutant emission control exceeding legislative requirements. They offer superior grip and optimized weight distribution, allowing use on unstable terrain without soil compaction. Lauren Batista, CASE product specialist, highlights the tractors' combination of productivity and eco-efficiency, serving a new market niche with benefits like easy transportation and adaptability to reduced spaces.

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FAQ

What is the current stock price of CNH INDUSTRIAL N.V. (CNHI)?

The current stock price of CNH INDUSTRIAL N.V. (CNHI) is $11.45 as of May 17, 2024.

What is the market cap of CNH INDUSTRIAL N.V. (CNHI)?

The market cap of CNH INDUSTRIAL N.V. (CNHI) is approximately 14.4B.

What does CNH Industrial N.V. do?

CNH Industrial N.V. is a global leader in the capital goods sector, providing tractors, agricultural machinery, construction equipment, commercial vehicles, buses, firefighting vehicles, defense vehicles, and engines and transmissions.

Which brands are part of CNH Industrial?

CNH Industrial owns several renowned brands, including Case IH, New Holland Agriculture, Steyr, Case, New Holland Construction, Iveco, Iveco Bus, Helieuz Bus, Iveco Astra, Magirus, Iveco Defence Vehicles, and FPT Industrial.

What recent achievements has CNH Industrial accomplished?

Recent achievements include the launch of the Axial-Flow Series 160 Automation by Case IH in Brazil, New Holland's 60th anniversary celebration of its Basildon tractor factory, and CASE's presentation of new eco-friendly machinery at the M&T Expo 2024.

What are CNH Industrial’s latest projects?

CNH Industrial's latest projects feature investments in plant infrastructure and technological advancements, such as the R$100 million investment in the Sorocaba plant and the development of new automation and sustainability features in their machinery.

How does CNH Industrial contribute to environmental sustainability?

CNH Industrial contributes to environmental sustainability by introducing eco-friendly machinery, participating in World Environment Day, and supporting initiatives to combat land degradation, desertification, and drought.

Where can I find more information about CNH Industrial?

More information about CNH Industrial can be found on their corporate website at www.cnhindustrial.com, or through their LinkedIn profile.

What innovative technologies is CNH Industrial using?

CNH Industrial incorporates advanced technologies such as artificial intelligence, machine learning, and real-time data connectivity in their machinery to improve productivity and efficiency.

What is CNH Industrial’s financial condition?

CNH Industrial maintains a strong financial condition with continuous investments in infrastructure, technology, and workforce training to sustain its competitive edge.

How is CNH Industrial involved in the agricultural sector?

CNH Industrial significantly impacts the agricultural sector through its brands like Case IH, New Holland Agriculture, and Steyr, offering advanced tractors and agricultural machinery.

What career opportunities does CNH Industrial offer?

CNH Industrial offers various career opportunities, which can be explored on their careers section on www.cnhindustrial.com or their LinkedIn profile.

CNH INDUSTRIAL N.V.

NYSE:CNHI

CNHI Rankings

CNHI Stock Data

14.40B
1.26B
29.75%
65.46%
2.45%
Farm & Heavy Construction Machinery
Construction Machinery & Equip
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