Fiat

2021 First Quarter Results

Wednesday, May 5, 2021 - 1:00pm

b'The following is an extract from the \xe2\x80\x9cCNH Industrial 2021 first quarter results\xe2\x80\x9d press release.

Key Points: 
  • b'The following is an extract from the \xe2\x80\x9cCNH Industrial 2021 first quarter results\xe2\x80\x9d press release.
  • Industrial Activities net cash position at $0.6\xc2\xa0billion, a decrease of $0.2 billion from December 31, 2020.\nAvailable liquidity at $13.9 billion as of March 31, 2021.
  • On February 26, 2021, CNH Industrial N.V. extended by one year, to March 2026, its syndicated committed revolving credit facility for \xe2\x82\xac3,950.5 million.
  • In March 2021, CNH Industrial Finance Europe S.A. repurchased all its\xc2\xa0outstanding notes\xc2\xa0due May 23, 2022 equaling \xe2\x82\xac316 million (~$371\xc2\xa0million).\n'

China Dynamics Strategically Invests in Germany's Quantron AG

Tuesday, May 4, 2021 - 9:00am

Left: Mr. Michael Perschke, a member of Quantron\'s supervisory board and an International Advisor at China Dynamics.

Key Points: 
  • Left: Mr. Michael Perschke, a member of Quantron\'s supervisory board and an International Advisor at China Dynamics.
  • China Dynamics and Quantron will explore opportunities in EV light and medium delivery trucks - a segment in which Quantron is already hugely successful with its electrification of the large light commercial van IVECO Daily."\nMr.
  • "\nChina Dynamics and Quantron have also confirmed the appointment of Mr. Michael Perschke as a member of Quantron\'s supervisory board.
  • Quantron AG also sells batteries and integrated customised electrification concepts to manufacturers of commercial vehicles, machinery and intralogistics vehicles.

CNH Industrial announces senior appointments

Monday, April 26, 2021 - 11:30am

These appointments bolster our strong Senior Leadership Team and will hasten our progress toward becoming a more customer and dealer-centric organization.\xe2\x80\x9d\nMr.

Key Points: 
  • These appointments bolster our strong Senior Leadership Team and will hasten our progress toward becoming a more customer and dealer-centric organization.\xe2\x80\x9d\nMr.
  • Garg joins CNH Industrial from T-Mobile US, Inc. (NASDAQ: TMUS), where he was, since 2017, Vice President Product and Technology.
  • Kermisch joins CNH Industrial from OptumRx, a pharmacy benefits management division of United Health Group, Inc. (NYSE: UNH), where he was Senior Vice President and Chief Technology Officer.
  • Barr joined CNH Industrial in March 2021, following a 19-year career with Terex Corporation (NYSE: TEX), where he was Chief Human Resources Officer and Senior Vice President.

CNH Industrial to announce 2021 First Quarter financial results on May 5, 2021

Thursday, April 22, 2021 - 10:00am

b'CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the First Quarter of 2021 will be released on Wednesday, May 5, 2021.\nA live audio webcast of the 2021 First Quarter results conference call will begin at 3:30 p.m. CEST / 2:30 p.m. BST / 9:30 a.m. EDT on Wednesday, May 5, 2021.\nDetails for accessing the webcast presentation are available at the following address: http://bit.ly/CNH_Industrial_Q1_2021 .\nFor those unable to participate in the live session, a replay will remain archived in the Investors section of the corporate website ( www.cnhindustrial.com ) for two weeks following the conference call.\nCNH Industrial N.V. (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence.

Key Points: 
  • b'CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the First Quarter of 2021 will be released on Wednesday, May 5, 2021.\nA live audio webcast of the 2021 First Quarter results conference call will begin at 3:30 p.m. CEST / 2:30 p.m. BST / 9:30 a.m. EDT on Wednesday, May 5, 2021.\nDetails for accessing the webcast presentation are available at the following address: http://bit.ly/CNH_Industrial_Q1_2021 .\nFor those unable to participate in the live session, a replay will remain archived in the Investors section of the corporate website ( www.cnhindustrial.com ) for two weeks following the conference call.\nCNH Industrial N.V. (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence.
  • Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions.
  • More information can be found on the corporate website: www.cnhindustrial.com\n'

Marelli at Auto Shanghai 2021

Wednesday, April 21, 2021 - 2:34pm

b'SAITAMA, Japan, April 21, 2021 /PRNewswire/ -- Marelli will be present for the first time at Auto Shanghai 2021 since it formed from the integration of Calsonic Kansei and Magneti Marelli in 2019 to create a leading tier 1 under the new global brand "MARELLI".

Key Points: 
  • b'SAITAMA, Japan, April 21, 2021 /PRNewswire/ -- Marelli will be present for the first time at Auto Shanghai 2021 since it formed from the integration of Calsonic Kansei and Magneti Marelli in 2019 to create a leading tier 1 under the new global brand "MARELLI".
  • A recent example of this is from January 2021, when the Joint Venture "Highly Marelli", was officially launched between Marelli and Highly International.
  • Still for the e-powertrain thermal systems, also a Low Flow Range High Performance Radiator will be showcased at Auto Shanghai.
  • : CO, HC, NOx) at the engine warm up phase.\nIn the same area, also an Integrated Heat Recovery system will be present at Marelli booth.\nOne of the most important businesses for Marelli is Automotive Lighting, which is also well represented at Marelli booth at Auto Shanghai.

Highly Marelli Global Headquarters Starts Operation

Tuesday, April 20, 2021 - 7:40am

On September 4, 2020, Highly and Marelli formally signed an auto parts joint venture project.

Key Points: 
  • On September 4, 2020, Highly and Marelli formally signed an auto parts joint venture project.
  • After the completion of the project, the joint venture company was renamed Highly Marelli Holdings Co., Ltd. On January 28, 2021, Highly and Marelli completed the delivery of the business.\nThe Highly Marelli joint venture project is not the first cooperation between the two companies.
  • In August 2019, Marelli also acquired a 25% stake in Shanghai Highly New Energy Technology Co., Ltd., a subsidiary of Highly, and reached a cooperation between the two parties in the electric air-conditioning compressor business of new energy vehicles.\nAfter its establishment, Highly Marelli\'s operating headquarters are located in Shanghai, China and Saitama, Japan.
  • In the process of becoming a world-class Cabin Comfort system solution provider, it has transformed into the world\'s leading supplier of automotive thermal management systems.\nAt the launching ceremony of the global headquarters, Highly Marelli also released the latest thermal management system products for new energy vehicles.

Plus Partners with IVECO to Develop Autonomous Trucks for Global Deployment

Monday, April 12, 2021 - 1:00pm

The partners will also explore using IVECO\xe2\x80\x99s liquefied natural gas (LNG) engine system to power the jointly developed autonomous trucks.

Key Points: 
  • The partners will also explore using IVECO\xe2\x80\x99s liquefied natural gas (LNG) engine system to power the jointly developed autonomous trucks.
  • Our teams will work closely to develop and deploy autonomous trucks, including one that is powered by natural gas.
  • Plus is applying full-stack self-driving technology to trucks today to enable large scale autonomous commercial transport.
  • In addition, the IVECO Astra brand builds off-road trucks, rigid and articulated dumpers as well as special vehicles.\nIVECO employs close to 21,000 individuals globally.

Stellantis Brings Multiple Exhibits and Driving Experiences to the 2021 Atlanta International Auto Show

Thursday, April 8, 2021 - 8:30pm

Both the Giulia and Stelvio set the benchmark for performance in their respective segments by providing an exhilarating driving experience.

Key Points: 
  • Both the Giulia and Stelvio set the benchmark for performance in their respective segments by providing an exhilarating driving experience.
  • The Fiat display will include the 2021 Fiat 500X, which delivers the Italian design and engaging driving dynamics synonymous with the FIAT brand.
  • The Jeep brand returns to the show with several all-new vehicles, including the 2021 Jeep Grand Cherokee L, 2021 Jeep Wrangler 4xe and 2021 Jeep Wrangler Rubicon 392.
  • The Atlanta International Auto Show, produced by the Metro Atlanta Automobile Dealers Association, is one of the nation's key automotive exhibitions, showcasing new cars, SUVs and trucks from the automakers.

Marelli strengthens its leadership team with new appointments in innovation, electrification, ADAS and electronics

Friday, March 26, 2021 - 2:30pm

Hannes Prennwill join Marelli on 1 April as EVP, CEO of the Electric Powertrain business.

Key Points: 
  • Hannes Prennwill join Marelli on 1 April as EVP, CEO of the Electric Powertrain business.
  • In this role, he will be responsible for taking electrification to the next level within Marelli.
  • Hannes joins Marelli from GKN Automotive, where he spent more than 20 years in a number of leadership positions.
  • Marelli will strengthen its focus also on the key areas of ADAS and Electronics, two areas that are of significant importance to Marelli's focused growth strategy.

CNH Industrial acquires a minority stake in Bennamann

Friday, March 26, 2021 - 10:00am

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today that 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.

Key Points: 
  • CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today that 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.
  • Furthermore, CNH Industrial is actively collaborating with Bennamann on alternative fuels for agricultural machinery.
  • CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence.
  • More information can be found on the corporate website: www.cnhindustrial.com
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