CNH Industrial

CNH Industrial Net Income Jumps 35 Percent

Dan Economy

CNH Industrial reported Q2 consolidated revenues of $6.57 billion, eight percent higher than the same quarter in 2022. The company’s net income totaled $710 million and Adjusted Net Income was $711 million. Net cash used by operating activities totaled $139 million and Industrial Free Cash Flow generation hit $386 million in the second quarter of this year. Net sales for …

CNH Industrial

CNH Industrial Announces agreement with Electric Tractor Company

Dan Economy, Technology

CNH Industrial announced last week an agreement with Monarch tractor, a U.S.-based company specializing in electric autonomous tractors. The license agreement foresees the launch of a scalable, modular electrification platform focusing on low horsepower tractors. The tractors will be developed across multiple product families in the coming years, using a process that continuously gathers farmers’ input to meet customer needs. …