CNH 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.
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CNH 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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