CNH Industrial N.V. has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor, a U.S.-based AgTech company specializing in fully electric autonomous tractors.
Citing ongoing disruptions to the procurement environment and shortages of core components, especially semiconductors, CNH Industrial announced it is temporarily shutting down several European manufacturing facilities.
CNH Industrial has announced that it has joined the 5G Open Innovation Lab ("5GOILab"), a global applied innovation ecosystem for corporations, academia and government institutions working on developing 5G technologies, as corporate partner.
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.
The acquisition builds upon a long partnership between the two companies and will further enhance CNH Industrial’s position in the global agriculture equipment market by adding strong innovation capabilities in autonomous and precision agriculture technology.
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).
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.
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, 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.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Marc Johnson, principal with Pinion, provides 4 factors that will be important for dealers to watch in 2025 that will impact their business.
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