CNH Industrial announced this week it was ending any support of its business activities in Russia. The company had suspended supplying the market in March 2022, when Russia invaded Ukraine. Prior to this announcement, the company had maintained paying employee salaries and administrative expenses related to its corporate office in Moscow. CNH says the divestiture… Read More
Tag: CNH Industrial
CNH Industrial — the parent company of Case and New Holland — has entered into an agreement to purchase global satellite positioning company Hemisphere GNSS, whose subsidiaries include Outback Guidance. Hemisphere is owned by Unistrong, which is based in China. “This move enhances our automation and autonomy tech stack and broadens our talent pool,” said… Read More
The American Farm Bureau Federation (AFBF) and CNH Industrial brands Case IH and New Holland have signed a memorandum of understanding (MOU) that provides farmers and ranchers the right to repair their own farm equipment. The MOU follows a similar agreement AFBF entered into with John Deere earlier this year. Zippy Duval, AFBF president, says… Read More
CNH Industrial hosted a tech day launch at Phoenix, Arizona, in early December and rolled out its first electric tractor prototype with autonomous features, the New Holland T4 Electric Power Hailed as the industry’s first all-electric light utility tractor prototype with autonomous features, the T4 was developed between the CNH team in the U.S. and Italy-based Modena, and in conjunction… Read More
Row-crop and horticulture crop growers looking for artificial-intelligence-powered weed removal will soon have to look no further than their local New Holland dealership. Stout Industrial Technology, Inc. (Stout) has announced a global distribution agreement with CNH Industrial that will see Stout’s AI-powered Smart Cultivators sold and serviced at New Holland dealerships worldwide. The deal includes… Read More
More than a thousand workers at two CNH Industrial (CNHi) plants in the U.S. that make farm tractors and construction equipment have gone on strike, as of May 2 at noon. The United Auto Workers said workers in Racine, Wisconsin and Burlington, Iowa set up picket lines after “the company failed to present an agreement… Read More
Despite production and supply chain challenges, major farm equipment manufacturers are reporting better than expected earnings thanks to strong demand for tractors and combines. On Friday, Deere & Co. joined competitors CNH and AGCO in publishing quarterly financials this month that have exceeded analysts’ projections. Deere said net sales from equipment operations for the first… Read More
The ongoing global shortage of semiconductor chips has created difficult times for farm machinery makers, but there may be light at the end of the tunnel. CNH Industrial CEO Scott Wine says equipment makers, such as the company’s Case IH and New Holland brands, still have some tough months ahead and are “probably nine months… Read More
CNH Industrial has reached an agreement to acquire Raven Industries for US$2.1 billion, in a move to enhance CNH’s position in the areas of autonomous and precision agriculture technology. The deal would see the parent company of Case and New Holland acquire 100 per cent of the capital stock in Raven for US$58 per share…. Read More
With Agritechnica 2019 set to begin in just days, machinery companies are starting to tease farmers with new innovations on the way. Soon, farmers managing equipment fleets will be able to securely exchange and view machine data through a common interface. John Deere, CLAAS, CNH Industrial, and 365FarmNet have teamed up to create DataConnect, the… Read More
CNH Industrial has started to produce and test 3D printed spare parts in a move to add sustainability and efficiency to the parts process, the company says. The company is piloting the process with four parts for buses and agricultural machinery. The parts were created by additive manufacturing. The process builds the part using layers of… Read More
It looks like a standard New Holland T8 tractor, but there’s one thing missing – the driver. The New Holland NH Drive autonomous concept tractor was the second driverless tractor unveiled at this week’s Farm Progress Show. But unlike the Case IH concept machine, the high horsepower New Holland version maintains a traditional cab, allowing… Read More