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AGCO Terminates TAFE License Agreement, TAFE Responds with Letter to Shareholders

October 15, 2024 | Posted in Ag Equipment Business, Ag Equipment Worldwide

AGCO announced it had terminated a number of agreements with Indian tractor manufacturer Tractors and Farm Equipment Limited (TAFE) on Sept. 30, 2024.

CNH Announces Mass Layoff at St. Nazianz, Wis., Facility

September 16, 2024 | Posted in Ag Equipment Business

According to the notice, the mass layoff will affect 52 individuals, and all layoffs will take place on Nov. 14, 2024.

Looming ILA Strike Could Stress U.S. Shipments, Supply Chains

September 15, 2024 | Posted in Ag Equipment Business

It’s been 47 years since the last strike by the International Longshoremen’s Assn. (IFA), which represents unionized works at ports on the U.S East and Gulf coasts.

AEI Newsmakers: August 2024

August 15, 2024 | Posted in Ag Equipment Business, Equipment & Equipment Sales

Doosan Robotics will merge with Doosan Bobcat by early 2025. Prior to the merger...
CNH announced the appointment of Ryan Schaefer as new vice president of New Holland Ag North America...
AGCO entered into an agreement to sell the majority of its Grain & Protein business to American Industrial Partners...
According to CEMA’s August survey of EU ag equipment manufacturers, 6% consider their current business...
JP Morgan analysts view USDA’s Aug. 12 WASDE report as negative for U.S. farmers considering...
Trimble reported 2Q revenues of $870.8 million, down 12% year-over-year. For the full-year 2024...
Kinze announced Aug. 1 that it will be reducing its workforce. The reduction affects 193 of Kinze’s 815...
Alamo Group reported 2Q net sales of $416.3 million, down 5.5% year-over-year...

CNH Industrial Reports 16% Decline in 2Q Revenue

July 31, 2024 | Posted in Earnings Reports

Agriculture net sales decreased for the quarter by 20% to $3.91 billion, primarily due to lower shipment volumes on decreased industry demand and dealer inventory requirements across all regions.

9 Ag Companies Listed In 2024 Yellow Table for Construction Equipment Sales

July 15, 2024 | Posted in Equipment & Equipment Sales

Agricultural companies are prominently featured among the top 50 OEMs listed in the 2024 Yellow Table, an annual list in International Construction magazine that ranks the top 50 construction OEMs based on sales.

Press Release

Derek Neilson to Step Down as CNH Head of Agricultural Segment

May 30, 2024 | Posted in Ag Equipment People

CNH Industrial N.V. (NYSE:CNH) announces that it has accepted Derek Neilson's request to leave the Company later this year to pursue a new entrepreneurial project outside of the sector.

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CNH Lowers 2024 Outlook Amid Lower Demand & Higher Dealer Inventories

May 15, 2024 | Posted in Analysis & Commentary, Ag Equipment Business

While demand was down across all regions for CNH Industrial during the first quarter, CEO Scott Wine said retail deliveries during the quarter outperformed the overall market.

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News Release

CNH Reports 14% Decline Q1 2024 Ag Sales

May 2, 2024

CNH Industrial N.V. (NYSE: CNHI) reported results for the three months ended March 31, 2024, with net income of $402 million compared with net income of $486 million for the three months ended March 31, 2023.

Ag Equipment Intelligence Lists

What Acquisitions & Investments Did Major Line OEMs Make in 2023?

April 15, 2024 | Posted in Mergers & Acquisitions

Ag Equipment Intelligence has compiled below a list of all the publicly announced acquisitions and investments major line manufacturers made in 2023.

More Articles Tagged with 'CNH Industrial'

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Deere Production Could be Down 10-15% Next Year

In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.

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