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CNH Industrial Announces Appointment of Scott Wine as New CEO

November 17, 2020 | Posted in Ag Equipment People

Scott Wine joins the Company from Polaris Inc. (NYSE: PII) where he was, since 2008, Chief Executive Officer and Chairman and CEO since 2013.

CNHI Reports 3Q20 Revenue Up 2%; Ag Sales Up 11%

November 5, 2020 | Posted in Earnings Reports

CNH Industrial reported net sales of Industrial Activities up 4% (up 4% at constant currency), primarily driven by an 11% increase in Agriculture.

CNH Industrial Acquires Minority Stake in Swiss Zasso Group AG

October 29, 2020 | Posted in Mergers & Acquisitions

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced that it has completed its acquisition of a minority stake in Zasso Group AG, a global specialist in non-chemical weed and invasive plant management solutions using electrical power.

CNH Industrial Revenue Drops 26%; Ag Sales Fall 18%

July 30, 2020 | Posted in Earnings Reports

CNH Industrial posted consolidated revenues of $5.6 billion in the second quarter of 2020, down 26% compared to the second quarter of 2019. In total, consolidated revenues were $5.6 billion for the second quarter of the current year, down 26% year-over-year compared to the second quarter of 2019.

Case IH Delivers 44 Tractors to Ethiopian Ag Equipment Program

June 1, 2020 | Posted in Ag Equipment Worldwide

According to a report from Industrial Vehicle Technology, the company delivered 44 Maxxum 125 tractors to EthioLease, a subsidiary of Africa Asset Finance Company Inc.

European Tractor, Harvester Production Resumes at a Modest Pace

May 15, 2020 | Posted in Ag Equipment Worldwide

Tractor and harvester production is underway in Europe once more after extended shutdowns brought output to a complete halt as the coronavirus pandemic took hold.

CNHI Reports 1Q20 Revenues Drop 15%; Ag Down 10%

May 6, 2020 | Posted in Earnings Reports

CNH Industrial reported on May 6 that its consolidated revenues for the first quarter 2020 ended March 31 were $5.5 billion, down 15% vs. the first quarter 2019. The company reported a net loss of $54 million compared to net income of $264 million for the same period last year.

CNHI Restarts Production at 4 Italian Factories

April 29, 2020 | Posted in Ag Equipment Business

According to a report from Reuters, CNH Industrial is planning to restart production at 4 of its facilities in Italy on May 4. This includes facilities in Modena, Foggia and two facilities in Turin.

CNHI, Doosan Bobcat Reopen Manufacturing Plants in North Dakota

April 24, 2020 | Posted in Ag Equipment Business

According to multiple reports, ag equipment manufacturers are opening their facilities in North Dakota and will be implementing strict guidelines to create safer work environments for employees during the pandemic.

CNHI Management Takes Salary Cuts, Italian Unions Agree to Health Measurements for Factories

April 16, 2020 | Posted in Ag Equipment Business

To demonstrate solidarity with its workforce, the CNH Industrial senior management team has elected to forego temporarily part of its compensation, including the Company’s Board of Directors have agreeing not to take any of their remuneration for the rest of year.

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