Tag: CNH: Page 2

Sales fall again in 4Q as CNH Industrial posts 14% profit decline for 2014 on slumping farm demand

It wasn’t nearly as bad as the third quarter, but the fourth certainly wasn’t much better for CNH Industrial which saw sales declines across all equipment and vehicle segments. Sales for the company, makers of the Case Construction and New Holland equipment brands, fell 10 percent during the quarter to $8.4 billion. Despite the drop […]

January 29, 2015

CNH Industrial profit up 10% despite sales declines in construction and ag equipment

A slight increase in revenues boosted profit 10 percent at CNH Industrial during the second quarter of the year as sales gains in the company’s powertrain segment offset decreases in both construction and agriculture equipment. CNH, makers of the Case Construction and New Holland equipment brands, saw revenues rise to $8.9 billion, up 0.9 percent from the […]

August 4, 2014

Construction Equipment

CNH Industrial to close Calhoun, Georgia plant in 3Q 2015

CNH Industrial announced today it will close its Calhoun, Georgia, assembly plant—which manufactures the M Series dozers that Case Construction Equipment introduced in 2013 —next year. The plant is one of four U.S. construction equipment manufacturing sites for the firm. According to CNH, the closure “is necessary as the company adjusts its construction operations based […]

June 26, 2014

CNH Industrial profit falls 33% in 1Q due to softer agriculture equipment demand

CNH Industrial, makers of the Case Construction and New Holland equipment brands, reported flat revenues during the first quarter of the year with a big decrease in profit due to softer sales of farming equipment. Revenues totaled $7.5 billion during the first quarter, down 0.1 percent from the first quarter of 2013. Net sales fell […]

May 8, 2014

CNH Industrial taps Leica Geosystems to provide machine control solutions for Case, New Holland equipment

CNH Industrial announced this morning that it has chosen Leica Geosystems to provide its construction equipment brands with machine control. Leica will provide both factory-installed and aftermarket machine control solutions for Case and New Holland Construction excavators, dozers and graders. Eventually, Leica will provide machine control to the entire CNH Industrial lineup. According to the […]

April 1, 2014

CNH Industrial full-year revenue flat, but 9% profit gain in 4Q adds to overall positive 2013

Following a down third quarter, CNH Industrial saw an increase in profit for the fourth quarter add to an overall positive 2013 for the company. CNH Industrial reported this morning that full-year net revenues were flat at $35 billion (€25.8 billion). Meanwhile, net profit rose 2 percent from 2012 to $1.2 billion (€917 million). For the fourth […]

January 30, 2014

CNH Industrial revenues dip slightly, profit drops 15% in 3Q

CNH Industrial has announced its first quarterly results as a newly-merged company with revenues and profits down from the same quarter last year. The merger between CNH and Fiat Industrial into the new company was completed on September 29, 2013. The company reports group revenues of €6.217 billion ($8.4 billion), down 1.5 percent from third quarter […]

November 4, 2013

John Deere, CNH, AGCO sue state of New Hampshire, say new “Buicks and Bulldozers” law is unconstitutional

John Deere and Company, CNH America LLC and AGCO Corporation have filed a lawsuit against the state of New Hampshire, saying that a recently passed law that classifies off-road heavy equipment as “motor vehicles” is unconstitutional. The bill, S.B. 126, was signed into law by Governor Maggie Hassan on June 25, 2013, according to an announcement […]

September 10, 2013

Deere CNH AGCO Lawsuit

CNH, Fiat Industrial appoint Massimiliano Chiara CFO

Fiat Industrial and CNH Global have announced Massimiliano “Max” Chiara as the new Chief Financial Officer of both companies. The appointment of Chiara follows the recent resignation of Pablo Di Di, who left to pursue other interests. Chiara served most recently as the CFO and Head of Business Development for Fiat Automobiles Latin America (FIASA). Prior […]

August 30, 2013

Construction Equipment

Case intros CX145C SR and CX235C SR minimum-swing radius excavators with fuel savings, boosted productivity

Case has introduced two new minimum-swing radius excavators that aim to reduce fuel consumption in the CX145C SR and CX235C SR. The new excavators deliver fuel savings of 9.2 and 17.5 percent, respectively, when compared with previous B Series models even though operating weight has been increased by 3,659 and 2,677 pounds. Delivering 100 and 160 […]

June 19, 2013

Case CX235C SR excavator

CNH board to hold final vote on Fiat Industrial merger July 23rd

CNH announced today that its Board of Directors will hold the final vote concerning the pending merger with Fiat Industrial on July 23. Fiat Industrial, which owns 87 percent of CNH’s outstanding shares has committed to vote in favor of the merger. The news comes about three and half months after CNH’s Board of Directors […]

June 4, 2013

Case announces CX130C and CX160C excavators with greater fuel efficiency

Fuel efficiency and easier maintenance were the name of the game when it came to designing Case’s new CX130C and CX160C excavators. The company says it has worked to optimize the hydraulics system on the new machines to make them more powerful and efficient. Plus, they should be easier to transport and store securely. The […]

May 6, 2013

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