London, March 24 (Korea Bizwire) - In response to a request from Borsa Italiana (the Italian Stock Exchange), CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) confirms that Hubertus Mühlhäuser resigned as CEO of CNH Industrial to pursue other interests. While Mr. Mühlhäuser offered to assist the Company while it searched for a successor, the Board [...]
London, March 23 (Korea Bizwire) - The Board of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has appointed Suzanne Heywood as Acting Chief Executive Officer, in addition to her role as Chair of the Board, to lead the business through this current unprecedented period and until a new permanent CEO has been [...]
London, March 20 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today that, in light of the supply chain constrains caused by the COVID-19 emergency in Europe, it is suspending the majority of its European assembly operations for a two week period. This suspension applies to the Company’s agricultural, construction, commercial and [...]
London, March 11 (Korea Bizwire) - CNH Industrial N.V. (NYSE:CNHI / MI:CNHI) has expanded its already extensive measures to ensure a safe working environment for its employees in light of the COVID-19 emergency. The Company has been leveraging its experience acquired firstly in China, and more recently rolling out best practices across all regions in which [...]
London, March 11 (Korea Bizwire) - FPT Industrial, the global powertrain brand of CNH Industrial N.V. (NYSE:CNHI / MI:CNHI), today announced that it has acquired Potenza Technology, a company specialized in the design and development of electric and hybrid powertrain systems. This acquisition represents another step in FPT Industrial’s path towards electrification, one of the pillars [...]
London, March 3 (Korea Bizwire) - CNH Industrial N.V. (NYSE:CNHI / MI:CNHI) announced today that it has filed its 2019 Annual Report on Form 20-F (prepared in accordance with U.S. GAAP) with the United States Securities and Exchange Commission and it has released its 2019 EU Annual Report (including the consolidated financial statements prepared in accordance [...]
London, March 3 (Korea Bizwire) - Today’s announcement of Nikola Corporation’s intended listing on the NASDAQ Exchange, New York, U.S.A. later this year, through its merger with VectoIQ, is fully supported by CNH Industrial N.V. (NYSE:CNHI / MI:CNHI). “This is exciting news and another key milestone for our joint project to deliver zero emission Heavy-Duty Trucks [...]
London, UNITED KINGDOM, Feb. 7 (Korea Bizwire) – The following is an extract from the “CNH Industrial 2019 fourth quarter and full year results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: https://www.cnhindustrial.com/en-us/media/press_releases/Pages/default.aspx or consulting the accompanying PDF: CNH Industrial reports 2019 Consolidated revenues of [...]
London, Feb. 6 (Korea Bizwire) - IVECO and FPT Industrial, the commercial vehicle and powertrain brands of CNH Industrial N.V. (NYSE: CNHI/ MI: CNHI), and Nikola Motor Company will manufacture, through their European Joint Venture, the Nikola TRE in Ulm, Germany, at the IVECO manufacturing facility. This strategic and exclusive Heavy-Duty Truck partnership saw CNH Industrial [...]
London, Feb. 4 (Korea Bizwire) - Our first location is the pretty seaside town of San Benedetto del Tronto located on Italy’s Adriatic coast, not only a popular tourist destination but a busy commercial port with a strong fishing heritage. It is here that FPT Industrial, the global powertrain brand of CNH Industrial N.V. (NYSE:CNHI / [...]