Insights and Stories on CNH Industrial

Aug. 9, 2022 at 12:48 pm CDT

Reuters — Taiwan’s Foxconn, the world’s largest contract electronics maker, on Tuesday said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio facility starting in early 2023. The announcement comes as heavy machinery manufacturers, including Deere and Agco, set their sights on the electric vehicle […]

By Bianca Flowers

Jul. 29, 2022 at 11:14 am CDT

Milan | Reuters – Agricultural and construction machine maker CNH Industrial CNHI.MI beat estimates on Friday with a 14 percent rise in industrial operating profit in the second quarter and confirmed its full year outlook despite bracing for a global recession. “Whether we face a global recession in 2023 is […]

By Giulio Piovaccari

Jun. 3, 2022 at 5:52 am CDT

A Wisconsin company that has supplied aluminum spray booms for Case IH sprayer product lines has been brought in-house. CNH Industrial, owner of the Case IH and New Holland brands, announced May 23 it has bought Specialty Enterprises, which is billed as North America’s biggest maker of aluminum spray booms […]

By Dave Bedard

Nov. 3, 2021 at 9:36 am CDT

Milan | Reuters – CNH Industrial said on Wednesday it had entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor, a U.S company focused on fully-electric autonomous tractors. The deal marks a further step in efforts by the Italian-American vehicle maker to bolster its agricultural businesses, […]

By Giulio Piovaccar

Jul. 30, 2021 at 3:02 pm CDT

Milan | Reuters – Italian-American vehicle maker CNH Industrial on Friday raised its revenue and free cash flow forecasts for this year, confident an industry cyclical upturn would help it offset a severe impact from supply chain constraints. “It’s the worst supply chain situation I’ve seen in my career,” Chief […]

By Giulio Piovaccari