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Articles Tagged with ''CNHI''

CNHI Reports 2Q21 Ag Revenues Increased 56%

July 30, 2021 | Posted in Earnings Reports

CNH Industrial reported a strong second quarter performance, including consolidated revenues of $8.9 billion (up 60% compared to Q2 2020) and net income of $699 million.

Ag Equipment Factories in Argentina Receive More Investments

July 15, 2021 | Posted in Ag Equipment Worldwide

Several companies in Argentina are announcing new investments in agricultural machinery factories. The process was already robust at the end of 2020 and consolidated in the first quarter of 2021.

CNH Industrial Expands Precision Position with Raven Acquisition

July 15, 2021 | Posted in Mergers & Acquisitions

CNH Industrial’s autonomy game is getting a boost thanks to its acquisition of Raven Industries. The deal builds on a long-term partnership between the two companies and will enhance CNH’s position in the market by bringing autonomous and precision ag technology in-house.

Ag Equipment Manufacturers — 2020 Executive Compensation

June 15, 2021 | Posted in Ag Equipment People

In its most recent list, Ag Equipment Intelligence has gathered financial data from the filings of the ag industry’s key publicly-traded manufacturers and compiled its own list of these companies’ executives’ compensations.

CNH Industrial Appoints CEO of On-Highway Business

June 14, 2021 | Posted in Ag Equipment People

As work proceeds apace to deliver the previously announced spin-off of its On-Highway business, CNH Industrial N.V. has named Gerrit Marx as the designated Chief Executive Officer of the new entity, which is expected to assume independent operations in early 2022.

CNH Industrial Acquires Horwood Bagshaw Manufacturing Site in Australia

May 25, 2021 | Posted in Ag Equipment Worldwide

This acquisition of the manufacturing site follows CNH Industrial's integration of Horwood Bagshaw into its portfolio in June 2018.

AGCO, CNHI Report Revenue Up in 1Q21

May 14, 2021 | Posted in Earnings Reports

Both AGCO and CNH Industrial have reported revenue increases in the first quarter of 2021, up 23.4% and 37% respectively.

CNH Industrial Reports Decreased Revenue, Flat Ag Sales in 2020

February 15, 2021 | Posted in Earnings Reports

According to its most recent earnings report, CNH Industrial posted consolidated revenue of $26 billion in 2020, down 7.3% from $28 billion in 2019. Revenue from the agriculture segment was down 0.4% in 2020.

What Can CNH Industrial Expect from New CEO Scott Wine?

February 15, 2021 | Posted in Ag Equipment People

With the retirement of former CNH Industrial CEO Hubertus Mühlhäuser in early 2020 and following Suzanne Heywood’s period as interim CEO, CNH Industrial recently appointed its newest CEO: Scott Wine.

CNHI Reports 4Q20 Ag Revenues Up 16.3%

February 3, 2021 | Posted in Earnings Reports

CNH Industrial reported strong results for the fourth quarter of 2020, with consolidated revenues of $8.5 billion (up 10%) and adjusted EBIT of Industrial Activities of $520 million (up 73%).

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.

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