Articles Tagged with ''CNH''

CNH Industrial Ag Sales Down in 1Q24

 CNH Industrial’s first quarter ag net sales were down 14% year-over-year to $3.4 billion, mainly due to lower industry demand and dealer inventory management. According to the earnings report released May 2, agriculture net sales for the quarter fell back to levels seen in the first quarter of 2022, though remained about ag net sales for the first quarters of 2020 and 2021.
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Layoffs to Hit CNH Industrial Wisconsin Plant

CNH Industrial plans to lay off more than 200 out of the 660 workers at its Racine, Wis., facility and is considering moving operations to Mexico, according to an April 16 statement from Wisconsin Senator Tammy Baldwin addressed to CNH Industrial CEO Scott Wine.



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News Release

UPDATED: CNH Names Gerrit Marx CEO

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

In an April 22 note to CNH dealers seen by Farm Equipment, Scott Wine stated his decision to leave the company was due to his inability to commit to the next 3-year business cycle.


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