Insights and Stories of Giulio Piovaccari

Jul. 30, 2020 at 9:57 am CDT

Milan | Reuters – Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and forecast net sales from industrial activities would fall between 15-20 percent this year, as a consequence of the COIVD-19 epidemic. In March the group, which is controlled by Exor, the holding […]

By Giulio Piovaccari

Mar. 23, 2020 at 5:53 pm CDT

Updated, March 24 — Milan | Reuters — The chief executive of CNH Industrial is leaving with immediate effect, the industrial vehicle maker said on Monday, less than two months after a profit warning. CNH said board chair Suzanne Heywood would replace Hubertus Muhlhauser as CEO until a permanent replacement […]

By Giulio Piovaccari

Sep. 3, 2019 at 1:11 pm CDT

Milan | Reuters — Industrial vehicle maker CNH Industrial has decided to split in two and list its truck, bus and engine division in an effort to boost asset values and streamline its businesses. The plan comes just six years after CNH Industrial was created when Fiat Industrial — spun […]

By Giulio Piovaccari