Tag: CNH Industrial

CNH Industrial has appointed Gerrit Marx to the role of CEO effective July 1, 2024. He succeeds Scott Wine, whose request to leave the Company at the end of the current three-year business plan cycle to pursue other interests,...

CNH and HD Hyundai have partnered to establish a joint research center in the United States. This new development in the companies' longstanding collaboration was announced at the CES Show in Las Vegas, NV. Stefano Pampalone, President Construction at CNH...

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has completed the third $50 million tranche (the “Third Tranche”) of its $300 million common share buyback program. The Company completed transactions on April 24, 2023 and April...

CNH Industrial has signed an industrial cooperation agreement with Tobroco- Giant, a Netherlands-based construction equipment manufacturer that specializes in the development and manufacturing of compact construction equipment. The agreement will see Tobroco-Giant’s compact and sub-compact wheel loaders distributed under CNH...

CNH Industrial announces that effective December 31, 2022, it will cease all Construction Equipment sales activities in China. In the course of 2021, sales of Construction Equipment in China totaled approximately $88 million, and CNH Industrial does not expect...

CNH Industrial N.V. today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., has completed its previously announced private placement offering of CAD$ 300 million in aggregate principal amount of 1.50% notes due October 1, 2024,...

On the occasion of the Nikola Iveco Europe joint-venture manufacturing facility opening in Ulm, Germany, the parties announced an accord to collaborate on the testing and subsequent implementation of heavy duty electric vehicles and charging infrastructure at the Port of Hamburg during 2022. IVECO, the commercial vehicles brand of...

CNH Industrial announces an important appointment to the future Senior Leadership Team of Iveco Group, the Company previously referred to as the “On- Highway” business of CNH Industrial, which will begin independent operations in early 2022. Effective January 1, 2022,...

CNH Industrial announces the execution of an agreement to purchase 90% of the capital stock of Sampierana, a privately-owned Italian company that specializes in the development, manufacturing, and commercialization of earthmoving machines, undercarriages, and spare parts, and to obtain...

Ahead of the previously announced spin-off of its On-Highway business and the designation of Gerrit Marx as the Chief Executive Officer, CNH Industrial N.V. announces the first Newco senior leadership team appointments for Operations and Powertrain. Effective October 1, 2021,...