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CNH Industrial Sees Agriculture, Powertrain Revenue Growth in 1Q21

May 5, 2021 | Posted in Earnings Reports

CNH Industrial reported first quarter consolidated revenues of $7.5 billion (up 37% compared to the first quarter 2020), net income of $425 million and adjusted EBIT of Industrial Activities of $545 million (up $693 million).

CNHI to Include Defense/Special Vehicle Business in On-Highway Spin-Off

April 28, 2021 | Posted in Ag Equipment Business

According to a report from Reuters, CNH Industrial will include its defense and special vehicle business segments in the On-Highway portion of its planned business spin-off, contrary to its original plan.

CNHI Appoints New Chief Digital Officer, Chief Information Officer for Off-Highway Business

April 26, 2021 | Posted in Ag Equipment People

CNH Industrial has announced that it has appointed Parag Garg as Chief Digital Officer and Marc Kermisch as Chief Information Officer for Off-Highway business. This follows the appointment of Kevin Barr as Chief Human Resources Officer on March 19, 2021.

CNHI Terminates Discussions to Sell On-Highway Business to Chinese Auto Manufacturer

April 19, 2021 | Posted in Ag Equipment Business

In a recent statement, the company announced it had "terminated discussions with FAW Jiefang with regard to the company’s On-Highway business."

CNH Industrial Acquires a Minority Stake in Ag Technology Company Bennamann

March 26, 2021 | Posted in Biofuels, Technology

CNH Industrial announced it has completed the acquisition of a minority stake in Bennamann Ltd., a UK based, fast growing agricultural technology company in the field of clean energy. This acquisition will see CNH Industrial become Bennamann’s exclusive strategic agricultural technology partner.

CNH Industrial and Sandhills Global Announce Strategic Partnership

March 24, 2021 | Posted in Ag Equipment Business

CNH Industrial and Sandhills Global, following the establishment of a strategic partnership based in North America, announce the launch of an exclusive platform for dealers of CNH Industrial's CASE Construction, Case IH, and New Holland brands.

CNH Industrial Invests in Autonomous Precision Ag Company

March 23, 2021 | Posted in Ag Equipment Business

CNH Industrial announced it has completed its acquisition of a minority stake in Augmenta, an agricultural technology company, focused on automating farming operations using computer vision and artificial intelligence.

CNH Industrial to Double Production in Argentina in 2021

March 15, 2021 | Posted in Ag Equipment Worldwide

CNH Industrial announced its forecast to double the production of harvesters and tractors in its plant in the province of Córdoba, Argentina.

CNHI to Consider Alternatives to 'On-Highway, Off-Highway' Business Spin-Off

March 10, 2021 | Posted in Ag Equipment Business

A report from Automotive News Europe stated CNH Industrial was considering selling its Iveco truck business to Chinese automotive manufacturer FAW.

CNH Industrial Invests in Electric 'Smart Tractor' Startup

March 3, 2021 | Posted in Technology

CNH Industrial announced it has completed its minority investment in Monarch Tractor, a U.S.-based agricultural technology company, which will assist in accelerating agricultural industry transformation towards autonomy and electrification.

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