CNH Industrial N.V. reported May 1, 2025, results for the first quarter including consolidated revenues, down 21% compared to Q1 2024, at $3.83 billion and net income of $132 million, compared with Q1 2024 net income of $369 million.
Additionally, the company says that the 2025 outlook for agriculture segment net sales is expected to be down 13-18% year-over-year, including currency translation effects.
Agriculture net sales decreased for the quarter by 20% to $3.91 billion, primarily due to lower shipment volumes on decreased industry demand and dealer inventory requirements across all regions.
How well do you know your farm equipment news? Test your knowledge of recent ag industry updates for April 2024! The Farm Equipment News IQ Quiz is brought to you with the support of Fastline Marketing Group.
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.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at CNH Industrial’s goals for growing its precision business by 2030.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
GROW.MORE.PRECISELY. We are dedicated to creating innovative agricultural practices that help growers boost crop production and improve sustainability. With cutting-edge hardware, powerful software and truly unbeatable support, we take pride in creating and delivering solutions that empower farmers around the world.