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CNH Industrial Reports Issue Price Of Its Offering Of EUR 750 Mln Notes
CNH Industrial To Issue Euro Denominated Notes
CNH Industrial CEO sees demand holding in Q4 despite some difficulties in recent weeks
CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications. Its segments include Agricultural Equipment, which designs, manufactures and distributes farm machinery and implements; Construction Equipment, which designs, manufactures and distributes construction equipment; Commercial Vehicles, which designs, produces and sells a range of light, medium and heavy vehicles for the transportation and distribution of goods; Powertrain, which designs, manufactures and offers a range of propulsion and transmission systems, and axles for on- and off-road applications, and Financial Services, which offers a range of financial services to dealers and customers.
Constr. & Agric. Machinery
25 St. James's Street
Executive Chairperson of the Board, Acting Chief Executive Officer
President Construction, General Manager - Asia, Middle East and Africa, Member of the Group Executive Council (GEC)
Chief Financial Officer, President - Financial Services , Member of the Group Executive Council (GEC)
President Commercial and Specialty Vehicles
Chief Technology Officer
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CNH Industrial said its joint venture with U.S. Nikola would begin testing an electric truck this quarter, as the Italian firm notched up forecast beating results and raised earnings guidance on Thursday.
Nikola Corp <NKLA.O and vehicle equipment maker CNH Industrial said the firms are working together to build prototypes of the EV maker's Tre semi-truck, sending Nikola's shares up 12%, days after a scathing report from short-seller Hindenburg alleged the company of 'fraud'.
Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and said the market was recovering more quickly than anticipated from the COVID-19 pandemic.
Fiat Chrysler (FCA) and CNH Industrial offices were searched on Wednesday in Germany, Italy and Switzerland as part of a probe initiated by German prosecutors investigating emissions fraud.
Italy's CNH Industrial reported a first quarter net loss on Wednesday due to the coronavirus crisis, which it said would have an continuing impact and meant it needed extra time to list its truck, bus and engine division.
Vehicle and equipment maker CNH Industrial said on Wednesday it turned to a net loss in the first quarter due to the coronavirus crisis, which will continue to have an impact on the group's results.
* Q1 ADJUSTED EBIT OF INDUSTRIAL ACTIVITIES LOSS USD 148 MILLION VERSUS PROFIT USD 34 MILLION IN REUTERS POLL
Vehicle and equipment maker CNH Industrial <CNHI.MI> said on Tuesday it planned to return progressively to full operations at most of its facilities around the world by the end of May, in line with the easing of coronavirus lockdowns.
* ANNOUNCES PROGRESSIVE RESUMPTION OF MANUFACTURING OPERATIONS
Vehicle and equipment maker CNH Industrial on Tuesday resumed operations at four plants in Italy, a spokesman said, as the country moves towards lifting a nationwide lockdown aimed at curtailing the spread of the coronavirus pandemic.
Italian trade unions said on Thursday they had agreed with CNH Industrial on health and security measures so the vehicle maker is ready to resume work as soon as lockdown rules are eased.
Vehicle maker CNH Industrial and trade unions have agreed a package of health and security measures to get ready for a resumption of operations in Italy as soon as Rome eases lockdown restrictions, the unions said on Thursday.
Top executives and board members at commercial vehicle maker CNH Industrial <CNHI.MI> will take voluntary pay cuts in an act of solidarity with the group's workforce during the coronavirus crisis, the Italian-American company said on Wednesday.
* CNH INDUSTRIAL SENIOR MANAGEMENT TEAM HAS ELECTED TO FOREGO TEMPORARILY PART OF ITS COMPENSATION Source text for Eikon: Further company coverage: (Gdansk newsroom)
Unions expect to reach a deal this week with CNH Industrial on enhanced safety measures to allow the equipment maker's Italian plants to resume some operations as soon as Rome eases lockdown restrictions, two representatives said on Tuesday.
* CNH INDUSTRIAL ANNOUNCES UPDATES TO COVID-19 EMERGENCY AND ITS GLOBAL BUSINESS CONDITIONS
CNH Industrial may need more time than initially planned to complete the spin-off and separate listing of its truck, bus and powertrain businesses, according to an internal letter sent by its new chief executive.
Investment firm Exor said on Wednesday current plant closures at controlled companies Fiat Chrysler (FCA), CNH Industrial and Ferrari, though temporary, might continue and increase depending on how the coronavirus outbreak developed.
CNH Industrial said on Tuesday CEO Hubertus Mulhauser had left the industrial vehicle maker "to pursue other interests", a day after announcing his replacement.
* CFO also leaving to take up a new position (Adds source, detail, context)
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