CNH Announces Q4 Earnings
CNH Industrial announced its fourth quarter and full year 2023 results. Full year 2023 consolidated revenues were $24.7 billion, up 5% year-over-year.
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CNH
CNH Reports Q3 Revenue of $6 Billion
CNH Industrial reported consolidated revenues of $5.99 billion, up approximately 2% compared to Q3 2022.
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Farm Equip Mfrs. Hope to Lure Silicon Valley Tech Workers
Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs.
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CNH Industrial Announces Leadership Change
CNH Industrial announced that Brad Crews, President North America, has announced his retirement.
Read moreCNH Reports Strong Q2
Record consolidated revenues of $6,082 million – Net income of $552 – Component shortages again impacted production
Read moreWith Financing Secure, Monarch Plans Expansion
In related news, CNH Industrial has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor.
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CNH Industrial announces temporary plant shutdowns in Europe
13-OCT-2021 | London CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it will temporarily close several of
Read moreCNH to Move Bulldozer Operations Outside of U.S.
The Burlington plant will continue production of backhoes, tractor loaders and rough terrain forklifts.
Read moreCNH Rides Industry Wave of Strong Ag Sales
For the March-ending quarter, net sales in agricultural equipment climbed 35.4 percent.
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CNH Invests in Newcomer Monarch
CNH characterized the partnership as “an important step toward further enhancing long-term sustainability, enabling the world’s farmers and agribusinesses to realize profitable zero-emission farming.”
Read moreSmall Tractors Perform Well at CNH in Q4
In North America, tractor demand was up 27 percent for tractors under 140 horsepower and 17 percent for tractors over 140 horsepower.
Read moreCNH Announces New CEO
CNH Industrial N.V. has appointed Scott W. Wine as chief executive officer beginning Jan. 4.
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CNHi Revises Forecast Upward
The company expects sales to fall 10 to 15 percent this year. Guidance from July project a drop as high as 20 percent.
Read moreSales Fall at CNH But Beat Expectations
The company said the market was recovering more quickly than anticipated from the COVID-19 pandemic.
Read moreCNHi Named in Emissions Fraud Investigation
CNH Industrial confirmed that a number of its offices in Europe have been visited by investigators after a request by German magistrates and that it was cooperating fully with authorities.
Read moreCNH, Deere Announce Layoffs
Deere plans to lay off 42 workers in Waterloo, Iowa. The Case New Holland plant in Fargo, N.D. is laying off 35 people.
Read moreCNH Industrial Acquires AgDNA
CNH Industrial has agreed to acquire AgDNA, a farm management information systems company. In other news, the company announced it plans to split into two distinct off-highway and on-highway business segments.
Read moreCNH Industrial acquires AgDNA
acquisition will enable CNH Industrial’s customers, and those of third party agricultural machinery, to benefit from AgDNA’s single point data integration, mapping and analytical tools.
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Ag Sales Decrease at CNH
Net sales for the agriculture division of CNH Industrial decreased. The company noted that trade tensions remain unresolved and recent weather events in North America, Australia and Northern Europe have negatively affected the industry.
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