Articles tagged under: CNH Industrial

Published August 1, 2024

CNH is reporting second quarter net income of $438 million. That’s down from $710 million one year ago. Farm equipment sales are down. Year-over-year, CNH Industrial predicts the sales in its agriculture division will be down 15-to-20 percent.

Published May 3, 2024

CNH Industrial reports net income of $402 million in the first quarter. That compares to $486 million in the same quarter last year. In North America, the lower horsepower tractor sales volumes were down 15 percent. The sales for tractors…

Published February 14, 2024

CNH Industrial had a four percent bump in net fourth quarter income, totaling $617 million. For the full year, the maker of Case IH and New Holland farm equipment, enjoyed a 17 percent increase in net income. The sales of…

Published November 8, 2023

CNH Industrial reports quarterly net income of $570 million, up from $559 million in the same quarter in 2022. Record margins were seen in the company’s agriculture business segment. CNH also announced a restructuring plan which will include a five…

Published July 31, 2023

CNH Industrial finished the second quarter with net income of $710 million. That’s up 29 percent from the same period last year. Net sales in the agriculture division rose four percent to $4.9 billion. Farm equipment sales are at the…

Published February 3, 2023

CNH Industrial reports record net income of $592 million for 2022, up from $464 million in the previous year. Agriculture sales were up nearly 30 percent due to higher sales volume and a favorable price situation. In North America, sales…

Published January 24, 2023

Union workers at the CNH Industrial tractor plants in Racine, Wisconsin and Burlington, Iowa have agreed to a new contract. More than 1,000 union employees have been on strike for the last nine months. Labor Secretary Martin Walsh helped mediate…

Published January 9, 2023

Two local unions at CNH Industrial factories in Wisconsin and Iowa have rejected a tentative labor contract. The four-year contract proposal included wage increases of 25-to-38 percent. A strike has been underway at the farm and construction manufacturing plants since…

Published July 11, 2022

Negotiations between CNH and union workers broke down in mid-June and no additional meetings are scheduled. This labor contract is for 1,100 workers at the Case IH and New Holland plants in Burlington, Iowa and Racine, Wisconsin.

Published May 26, 2022

Union workers at two CNH Industrial plants remain on strike. The work stoppage began May 1.  CNH offered a three-year contract and an 8.5 percent raise in the first year, but labor leaders rejected the offer. The CNH plant at…