The attraction of efficient emissions control technology and a global industrial complex is helping FPT (Fiat Powertrain) Industrial, the diesel engines division of the CNH Industrial group, win more customers and orders.
During its pitch to potential investors September 26-30, executives of the newly formed CNH Industrial said the long-term focus of the merged CNH Global and Fiat Industrial group is “Stable, value maximizing capital structure with shareholder friendly distribution policy.”
Farm and construction equipment maker CNH Global N.V. (CNH) has appointed a committee of directors to evaluate an offer from Fiat Industrial SpA (FI.MI)to acquire the CNH shares that Fiat doesn't already own.
Fiat SpA (F.MI) has agreed with eight banks to refinance EUR4 billion in loans, a measure that paves the way for the company's planned split into separate automobile and heavy-equipment companies, Il Sole 24 Ore reports, without citing sources.
Fiat’s Chairman, Sergio Marchionne, hosted an analyst meeting in New York City yesterday, where he introduced the Fiat Industrial management team and answered questions regarding the newly formed entity.
CNH Global N.V. (CNH) plans to build a factory in Argentina to assemble farm tractors and harvesting combines, as the company moves to shore up its farm machinery business in South America.
Fiat Industrial SpA's (FI.MI) chairman plans to simplify the company's share structure in a couple of years and could move its headquarters and stock listing to the United States, according to an analyst report published Monday.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.