CNH Industrial

CNH announces voting results of 2024 Annual General Meeting and publishes 2023 Sustainability Report

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金曜日, 5月 3, 2024
Agriculture, Report, Breaking New Ground, Investment, News, European Central Bank, Sustainability, Workplace, CNHI, Miller, IH, Sustainability accounting, CNH Industrial, CNH, Central bank, AGM

CNH Industrial N.V. (NYSE: CNHI) today held its annual general meeting of shareholders.

Key Points: 
  • CNH Industrial N.V. (NYSE: CNHI) today held its annual general meeting of shareholders.
  • In other voting, shareholders appointed Deloitte Accountants B.V. as the independent auditor for the 2025 financial year and approved the Company’s 2023 financial statements prepared under IFRS.
  • It includes the previous sustainability priorities, related strategic targets and the main results achieved by CNH.
  • For more information and the latest financial and sustainability reports visit: cnh.com
    For news from CNH and its Brands visit: media.cnh.com

CNH announces signing of a €3.25 billion committed revolving credit facility  

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火曜日, 4月 23, 2024
Agriculture, Breaking New Ground, Investment, News, Sustainability, Iveco, Workplace, CNHI, Miller, IH, CNH Industrial, CNH, Heavy equipment

On April 19, 2024, CNH (NYSE: CNHI) signed a €3.25 billion committed revolving credit facility, intended for general corporate purposes of the Company.

Key Points: 
  • On April 19, 2024, CNH (NYSE: CNHI) signed a €3.25 billion committed revolving credit facility, intended for general corporate purposes of the Company.
  • It replaces an existing 5-year €4 billion facility due to mature in March 2026.
  • The final size of the facility, set at €3.25 billion, aligns with reduced funding needs following the demerger of Iveco Group.
  • For more information and the latest financial and sustainability reports visit: cnh.com
    For news from CNH and its Brands visit: media.cnh.com

CNH NAMES GERRIT MARX AS CEO: Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan  

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日曜日, 4月 21, 2024
Daimler Truck, Agriculture, Breaking New Ground, Investment, News, Sustainability, McKinsey & Company, Iveco, Karl Marx, Raven Industries, Workplace, CNHI, Miller, IH, Acquisition, Business plan, CNH Industrial, Construction, CNH, Bain Capital

Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan

Key Points: 
  • Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan
    CNH Industrial N.V. (NYSE:CNHI) announces the appointment of 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, has been accepted by the Board.
  • He has also chaired Iveco’s powertrain business overseeing its transition to alternative propulsion systems.
  • For more information and the latest financial and sustainability reports visit: cnh.com
    For news from CNH and its Brands visit: media.cnh.com

Olof Persson to replace Gerrit Marx as CEO of Iveco Group starting from July 2024

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日曜日, 4月 21, 2024
Cerberus, Bombardier Transportation, Agriculture, Transport, Volvo, Volvo Construction Equipment, Capital market, IDV, Iveco, IVG, CNHI, Volvo Aero, Senior, FPT Industrial, IVECO, CNH Industrial, EXM, ASTRA, ABB, Management

The Board of Iveco Group N.V. (EXM: IVG) (or “the Group”) announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE: CNHI) on 1st July 2024.

Key Points: 
  • The Board of Iveco Group N.V. (EXM: IVG) (or “the Group”) announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE: CNHI) on 1st July 2024.
  • Suzanne Heywood, Chair of Iveco Group commented: “On behalf of everyone at Iveco Group I’d like to thank Gerrit for his energetic and successful leadership over the past two and half years and wish him every success in his new role.
  • In 2022 he joined the Board of Iveco Group as an Independent Director when the Group listed on Euronext Milan.
  • Iveco Group’s first quarter financial results will be presented by Mr. Marx, as planned, on 10th May 2024.

CNH to release 2024 First Quarter financial results on May 2

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木曜日, 4月 18, 2024
Agriculture, Breaking New Ground, EDT, Investment, News, Phase 10, Sustainability, Workplace, CNHI, Miller, IH, CNH Industrial, BST, Heavy equipment

CNH (NYSE: CNHI) will release its 2024 First Quarter financial results on Thursday, May 2, 2024.

Key Points: 
  • CNH (NYSE: CNHI) will release its 2024 First Quarter financial results on Thursday, May 2, 2024.
  • A live audio webcast of the financial results conference call will begin at 9:00 a.m. EDT (2:00 p.m. BST / 3:00 p.m. CEST) on the same day.
  • CNH Industrial (NYSE: CNHI) is a world-class equipment and services company.
  • For more information and the latest financial and sustainability reports visit: cnh.com
    For news from CNH and its Brands visit: media.cnh.com

CASE recognized for delivering first sustainable UK roadshow

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水曜日, 4月 17, 2024
Agriculture, Breaking New Ground, Investment, News, Certification, Sustainability, London Olympics, Workplace, ISO, Carbon, CNHI, Miller, IH, CNH Industrial, CNH, Case Construction Equipment

To this end, our brand, CASE Construction Equipment, has broken new ground to deliver the first certified sustainable roadshow in the UK.

Key Points: 
  • To this end, our brand, CASE Construction Equipment, has broken new ground to deliver the first certified sustainable roadshow in the UK.
  • The event featured a line-up of electric construction machinery as well as a variety of other carbon reducing initiatives, including sustainable waste management.
  • And our achievements were independently recognized with the ISO 20121 certification – a methodology first applied at the 2012 London Olympics – which rewards sustainable event organization.
  • For more information and the latest financial and sustainability reports visit: cnh.com
    For news from CNH and its Brands visit: media.cnh.com

Benelux Construction Equipment Market Assessment & Forecasts 2023-2024 & 2029: Rising Focus on Compact and Electric Construction Equipment and Focus on Green Transition Will Prompt Investments - ResearchAndMarkets.com

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火曜日, 4月 30, 2024
Construction & Property, Other Construction & Property, USD, Kubota, Investment, NBB, Volvo, Tin, Housing, Policy, ICT, Congestion, SANY, Kilowatt-hour, Accident, XCMG, Electricity, Employment, Komatsu, Cobalt, Urbanization, Water, Restaurant, Wind, TIL, A20, A15, National bank, Hitachi Construction Machinery, Supermarket, Caterpillar, CNH Industrial, Mining, Government, CNH, Hutchison Port Holdings, Recycling, Growth, A24, Nickel, Renewable energy

In 2023, government investment in residential, road, and railways is expected to drive the demand for excavators in the Benelux construction equipment market during the forecast period.

Key Points: 
  • In 2023, government investment in residential, road, and railways is expected to drive the demand for excavators in the Benelux construction equipment market during the forecast period.
  • Earthmoving equipment accounted for the largest market share of the Benelux construction equipment market in 2023.
  • Rising interest rates and higher commodity prices may act as a barrier to the growth of the Benelux construction equipment market.
  • The rising focus on compact equipment in the Benelux construction equipment market is attributed to various factors, such as expanding urbanization, eco-friendly construction requirements, and off-road construction activities.

Philippines Construction Equipment Rental Market Assessment & Forecasts 2024-2029: Flood Mitigation and Adaptation Projects, Infrastructure Flagship Projects Fueling Demand - ResearchAndMarkets.com

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月曜日, 4月 29, 2024
Construction & Property, Other Construction & Property, Carbon, Nature, Mineral, Volvo, PIP, Cyclone, Cat, Disaster, Komatsu, MGB, DENR, Hitachi Construction Machinery, Monark Equipment Corporation, Environment, United States Geological Survey, TRIP, NIA, National Irrigation Administration, Department of transportation, Iron, XCMG, Department of Transportation (Philippines), MMDA, Government, JCB, Mine, Workforce, Landslide, NZCA, Kobe Steel, Earthquake, Terex, Public works, Research, Artificial intelligence, NEDA, Caterpillar, CNH Industrial, PAR, Manitou, USD, Lead, Construction, Flood, Automation, Internet of things, SANY, Cobalt, CCA, Natural Resources, DPWH, Nickel

The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.

Key Points: 
  • The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.
  • Caterpillar, Komatsu, Volvo CE, Hitachi Construction Machinery, XCMG, and SANY are leaders in the Philippines construction equipment rental market.
  • JCB, Kubota, Kobelco, Zoom Lion, and Sumitomo Construction Machinery are emerging in the Philippines construction equipment rental market.
  • This effort targets improving national and communal irrigation systems to boost farmer productivity and profitability while driving demand for earthmoving machinery rentals in government-led projects in the Philippines construction equipment rental market.

Canada Tractors Industry Analysis & Forecasts 2023-2024 and 2029: Technological Advancements and Shift Towards Energy-Efficient Tractors, & Government Subsidies and Schemes Drive Growth Opportunities - ResearchAndMarkets.com

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木曜日, 4月 25, 2024
Machinery, Agriculture, Natural Resources, Manufacturing, Shift, Digital technology, Smart, Education minister, Yoy, Machine learning, Traction, Electricity, AGCO, Research, Artificial intelligence, Farmer, HP, Automation, Intelligence, Tractor, GHG, CNH Industrial, Government, Growth, GPS, Air pollution

The Canada tractors market is characterized by various vendors that account for most of the market share.

Key Points: 
  • The Canada tractors market is characterized by various vendors that account for most of the market share.
  • They are also expanding their presence in emerging markets to capitalize on the growing demand for agricultural tractors.
  • The Prairie province held the highest share of the Canada tractors market, accounting for more than 50% in 2023.
  • The prairie province market growth can be attributed to many smallholder farmers in the region and the increasing government support for agricultural mechanization.

Mini Excavators Market Forecast Reveals Prominent Growth and Technological Advancements by 2028 - Global Long-term Forecast to 2032 - ResearchAndMarkets.com

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水曜日, 4月 24, 2024
Manufacturing, Other Construction & Property, Machinery, Construction & Property, Machine Tools, Metalworking & Metallurgy, CNH Industrial, Agriculture, Acquisition, Growth, Forestry, Renewable energy

The "Mini Excavators Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mini Excavators Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
  • Global mini excavators market projects significant growth from $7.88 billion in 2023 to an impressive $10.23 billion by 2028, at a compound annual growth rate (CAGR) of 5.2%.
  • The report details the significant impact of burgeoning construction activities and the flourishing agricultural industry on the demand for mini excavators.
  • Noteworthy trends such as the emphasis on green construction practices and the growing rental markets are anticipated to support the mini excavators market's growth trajectory.