CNH Industrial

CNH Industrial N.V. is an American-Italian,

UK-headquartered multinational
corporation, with global headquarters in
Basildon. It is controlled by the investment
company Exor, which in turn is controlled
by the Italian Agnelli family. The company
is listed on the New York Stock Exchange
and on Borsa Italiana: it is a constituent of
the FTSE MIB index.
 CNH Industrial N.V.

Type Public (N.V.)

Traded as BIT: CNHI
NYSE: CNHI
FTSE MIB Component

Industry automotive industry 

Predecessors CNH Global

Fiat Industrial

Founded 2012

Headquarters Basildon, Essex,

England
Area served Worldwide
Key people Suzanne Heywood
(Chair, acting CEO)
Oddone Incisa (CFO)
Jay Iyengar (CTO)

Products Agricultural
Equipment
Construction
Equipment
Trucks and
Commercial Vehicles
Buses, Special
Vehicles
Industrial and Marine
Powertrains

Brands – Case IH
– Steyr Tractor
 – Case Construction
Equipment
– New Holland
Agriculture
– New Holland
Construction
– Iveco
– Astra
– Iveco Bus
– Heuliez Bus
– Magirus
– Iveco Defence
Vehicles
Revenue – FPT Industrial(2019)
US$28.1 billion

Operating income US$1.454 billion

(2019)

Net income US$355 million (2019)

Total assets US$49.182 billion
(2019)
Total equity US$7.863 billion
(2019)

Owner Exor N.V. (26.89%)

Number of 63,499 (2019)

employees

Website CNHIndustrial.com

Footnotes / references
[1][2][3]

Through its various businesses, CNH

Industrial designs, produces, and sells
agricultural equipment and construction
equipment (Case IH and New Holland
brand families), trucks, commercial
vehicles, buses, and special vehicles
(Iveco), in addition to powertrains for
industrial and marine applications (FPT
Industrial). Present in all major markets
worldwide, CNH Industrial is focused on
expanding its presence in high-growth
markets, including through joint
ventures.[4] CNH Industrial currently
employs more than 63,000 people in 67
manufacturing plants and 56 research and
development centers. The company
operates across 180 countries.[5]

Brands
CNH Industrial products are marketed
globally through several brands in various
operating segments: Agriculture,
Construction, Commercial & Specialty
Vehicles, and Powertrain.

Agricultural brands …

In agricultural equipment, CNH Industrial is

a manufacturer of agricultural tractors and
combines, including hay and forage
equipment and specialty harvesting
equipment.

Case IH …
Case IH logo

Case IH manufactures agricultural

tractors, balers, coffee harvesters,
combines, cotton pickers, planters, sugar
cane harvesters, and tillage equipment,
sold through a global network of dealers.[6]

New Holland …

New Holland Agriculture manufactures

agricultural tractors, balers, combines,
forage harvesters, grape harvesters, hay
tools, material handlers, planters, seeders,
sprayers, tillage equipment and
groundscare. New Holland has
manufacturing facilities and offices in
several countries and an international
distribution network.[7]

Steyr …

Steyr logo

Steyr is an Austrian manufacturer of

tractors for the agricultural, forestry and
municipal sectors.[8]
Construction brands …

In construction equipment, CNH Industrial

manufactures machinery, including
backhoe loaders and skid-steer loaders in
North America, and crawler excavators in
Western Europe.

Case Construction Equipment …

Case logo

Case Construction Equipment offers

construction equipment, including
backhoe loaders, articulated trucks,
crawler and wheeled excavators (including
compact), telehandlers, motor graders,
wheel loaders (including compact),
vibratory compaction rollers, crawler
dozers, skid steers, compact track loaders,
tractor loaders and rough-terrain
forklifts.,[9] crawler excavators in India
launched in December'2019 at EXCON,
Bengaluru.

New Holland Construction …

New Holland Construction manufactures

construction equipment including crawler
and wheeled excavators, wheel loaders,
backhoes loaders, skid steer loaders,
dozers, telehandlers, mini-wheel loaders
compact track loaders, mini and midi
excavators and graders.[7]

Industrial vehicles and buses …

CNH Industrial is a manufacturer of buses

and industrial vehicles through several
brands.

Iveco …

Iveco designs, manufactures and sells a

range of light, medium and heavy
commercial vehicles for on and off-road
use.
Iveco Bus …

Iveco Bus vehicles include urban and inter-

city buses as well as tourism coaches,
minibuses and chassis for bodybuilders
worldwide.

Heuliez Bus …

Heuliez Bus makes buses and offers spare

parts, training courses for customers and
second-hand vehicles.

Iveco Astra …

Iveco Astra is specialized in vehicles

designed for heavy off-road applications in
oil & gas, mining, quarry, heavy
construction and heavy haulage.

Magirus …

Magirus manufactures fire engines, rescue

vehicles and airport fire engines, as well as
components and special vehicles.

Iveco Defence Vehicles …

Iveco Defence Vehicles develops and

manufactures specialized vehicles for
defense and peacekeeping missions as
well as for civil protection applications.

Powertrain …
FPT Industrial …

FPT Industrial is a manufacturer of

engines, axles and transmissions.
Dedicated to the development, production
and sale, the brand focuses on the
development of solutions for on-road, off-
road, marine and power generation
applications.

Financial services …

CNHI Capital logo

CNH Industrial offers financial services
under the brand name CNH Industrial
Capital. CNH Industrial Capital offers
financial products and services to dealers
and customers in North America, Australia,
Brazil and Western Europe. The principal
products offered are retail financing for
the purchase or lease of new and used
CNH Industrial equipment and wholesale
financing to its dealers. Wholesale
financing consists primarily of floor plan
financing and allows dealers to purchase
and maintain a representative inventory of
products.[10] The retail financing is offered
in North America, Brazil, Australia and
Europe through wholly owned subsidiaries
and in Western Europe through the joint
venture with BNP Paribas Lease Group.[11]

Parts and Service …

CNHI Aftermarket Solutions logo

CNH Industrial brands provides after-sales

parts, service and support to their
customers, both at the dealerships and in
the field. Parts support is offered for items
in their current product lines and past
products, up to 20 years. Parts distribution
is operated through parts depots present
on all five continents.[12]

Worldwide presence and

production plants
CNH Industrial has a network of more than
11,500 dealers and distributors spread
across approximately 170 countries
worldwide. Dealers are independent and
not owned by CNH Industrial, with the
exception of 12 dealerships in North
America and Europe.[13] CNH Industrial
manufacturing base includes 37 facilities
in Europe, Latin America, North America
and Asia.[14]
History

Case Construction equipment

timeline
…

For full history see Case

1842: Case is founded
1912: Case manufactures a line of road-
building equipment, including graders
and compaction units
1957: Case Model 320 is launched - the
first fully integrated backhoe loader
1969: Case CE begins production of skid
steer loaders
1988: Fortune Magazine lists the Case
loader/backhoe among "100 Products
America Makes Best"
1998: Case is the first manufacturer to
offer ride control on backhoe loaders
and skid steer loaders
2000: the 100,000th skid steer loader is
manufactured
2005: the 500,000th loader/backhoe is
manufactured
2008: Jerome I. Case inducted into the
Construction Hall of Fame by the
Association of Equipment
Manufacturers. Three years later, in
2011, also Case engineer Elton Long,
"father of the loader/backhoe," is
inducted into the same Construction
Equipment Hall of Fame for significant
 contributions to the construction
industry.[15]
2011: Case became the first
construction equipment manufacturer to
offer both selective catalytic reduction
and cooled exhaust gas recirculation,
aimed at meeting U.S. and European
emissions standards.[16]
2012: Case celebrates its 170th year in
business.[17]

Case IH milestones …

For full history see Case IH

1847: Cyrus Hall McCormick Sr. patents
the McCormick reaper
1842: J.I. Case founds Racine Threshing
Machine Works
1902: McCormick, Deering Harvester
Company, Plano Manufacturing
Company, Champion Line and
Milwaukee Harvester Company merge
to create International Harvester (IH)
1923: Farmall, the "little red tractor", is
introduced to the market
1942: Case first self-propelled combine
is produced
1977: The first Axial-Flow rotary
combine is produced
1985: Case and the agricultural division
of International Harvester merge,
creating Case IH
1987: Case IH Purchases Steiger
1988: Case IH introduces the Magnum
tractor – the first new machine to come
from the combined engineering of
International Harvester and Case.
1996: Steiger Quadtrac tractor is
introduced.
2006: Case IH announces new on-board
module builder technology for cotton
harvesting. The Case IH Module Express
625 is the first commercial cotton picker
with the ability to build modules while
harvesting.
2009: Case IH launches a new line of
combines with six Axial-Flow models,
including a Class IX 9120 model.[18]
 2010: Introduction of EfficientPower
Puma, Puma CVX, Magnum and Steiger
& QUADRAC models, designed for lower
fuel consumption.[18]

New Holland Agriculture

milestones[19]
…

For full history see New Holland

Agriculture
1895: Abe Zimmerman produces a feed
mill to help the Pennsylvania farming
community
1903: New Holland Machine Company is
founded by Abe Zimmerman in New
Holland, Pennsylvania
1906: A Belgian mechanic, Leon Claeys,
starts to build threshing machines and
three years later builds his factory in
Zedelgem, Belgium
1907: Ford comes out with a prototype
of mass-produced tractor; the Fordson
Model F is actually produced 10 years
later
1919: Fiat starts production of Model
702 tractor
1964: New Holland buys a major interest
in Claeys
1975: Braud launches the first grape
harvester, model 1020
1980s: Fiat acquires Braud
1986: Ford buys New Holland and forms
Ford New Holland Inc.
1991: Fiat purchases 80 percent of Ford
New Holland and New Holland brand
becomes a global full liner producer
2001: New Holland introduces the CX
combine series
2006: New Holland celebrates 100 years
of its Zedelgem plant
2007: New Holland sponsors Turin's
Juventus football club
2009: New Holland introduces its
Hydrogen-powered tractor NH2 and the
Energy Independent Farm concept
2011: New Holland is a Gold Sponsor of
the Climate Action Networking
 Reception, hosted by Climate Action in
partnership with the United Nations
Environment Programme (UNEP) and
the South African government in
Durban.[20]
2012: New Holland celebrates 200,000th
tractor made at its Indian plant at its
manufacturing facility in Greater Noida,
near New Delhi.

New Holland Construction

milestones[21]
…

For full history see New Holland

Construction
1931: Fiat Trattori builds the first tractor
with crawler tracks
1947: First hydraulic excavators are built
in Turin by Bruneri, which will join the
company in 1970
1966: Ford, which will become part of
the company, builds its first backhoe
loader
1972: First New Holland skid-steer
loader is produced
1974: Fiat and Allis-Chalmers merge,
creating FiatAllis
2002: A global alliance with Kobelco is
signed to bring Kobelco's 40-year
expertise in crawler excavator design
2005: New Holland Construction is
launched as a brand
 2007: New Holland Construction
produces the 200,000th skid steer
loader, 35 years after its first one came
off the line
2008: New Holland Construction
launches the E215B crawler excavator
with a new engine designed for lower
emissions
2011: New Holland announces its Tier 4
interim diesel-emissions solutions and
launches the first compliant models.[22]

CNH Global …
 CNH Global N.V.

Industry Agricultural
equipment
Construction
equipment
Capital lending

Founded 1999

Defunct 2013

Headquarters Amsterdam,
Netherlands
Revenue 25,328,000,000
United States dollar
(2016) 
Operating income 638,000,000 United
States dollar (2016) 
−371,000,000 United
Net income States dollar (2016) 
Total assets 47,384,000,000
United States dollar
(2016) 
Number of 62,828 (2016) 
employees

Parent CNH Industrial

CNH Global NV was the holding company

for the Italian public multinational
manufacturer of agricultural and
construction equipment, established on 12
November 1999, through the merger of
Case and New Holland. Effective 29
September 2013, CNH Global N.V. and Fiat
Industrial S.p.A. were merged into CNH
Industrial N.V.

CNH's scope included integrated

engineering, manufacturing, marketing and
distribution of equipment on five
continents. CNH's operations were
organized into three business segments:
agricultural equipment, construction
equipment and financial services.

As of 31 December 2012, CNH

manufactured its products in 37 facilities
throughout the world and distributes its
products in approximately 170 countries
through approximately 11,500 full line
dealers and distributors.[23]

Milestones include:

1999: CNH was created in November

through the business merger of Case
Corporation and New Holland N.V.[24]
2000: CNH Global acquires all of the
shares of Flexi-Coil Ltd., a Canadian
agricultural equipment manufacturer
based in Saskatoon, Saskatchewan.[25]
Paolo Monferino is appointed President
& Chief Executive Officer of CNH Global
N.V.[26]
2001: CNH Global, Kobe Steel Ltd., and
Kobelco Construction Machinery reach
an agreement to form a global alliance
for the marketing, development and
production of crawler excavators
worldwide. The alliance with Kobelco
includes also distribution of CNH
construction equipment in Japan and
the Asia Pacific region.[27]
2002: CNH Global entered its second
joint venture in China. Shanghai New
Holland Agricultural Machinery Corp.
Ltd. was formed by an agreement
between Shanghai Tractor, Internal
Combustion Engine Corp.and CNH's
New Holland brand ofagricultural
equipment.[28] CNH Global N.V. creates
Fiat Kobelco Construction Machinery
S.p.A. (Fiat Kobelco) and agrees to a
long term retail financing partnership
across Europe with BNP PARIBAS Lease
Group (BPLG), the leasing arm of BNP
PARIBAS.[29]
2005: In Europe and Latin America, CNH
rationalizes non-Case construction
equipment brand families into one
brand, New Holland Construction.[21]
CNH Board elects Harold Boyanovsky as
President & Chief Executive Officer of
CNH Global N.V.[30]
2006: Sergio Marchionne is appointed
Chairman of the Board of CNH Global
N.V.[31]
2007: Case Construction Equipment and
Hyundai Heavy Industries form a
strategic alliance to produce a selected
wheel loader size.[32]
2010: Fiat announces that CNH, Iveco
and Fiat Powertrain Industrial & Marine
will be separated from the auto business
and listed in Milan stock exchange as
Fiat Industrial.[33][34] CNH and KAMAZ
finalize strategic alliance for the
production and commercialization of
agricultural and construction machinery
in Russia.[35]
2011: CNH becomes part of Fiat
Industrial S.p.A. on 1 January.
 2012: Richard Tobin is named President
and CEO of CNH Global N.V.

Fiat Industrial …
 Fiat Industrial S.p.A.

Type Società per azioni

Industry Heavy equipment

Successor CNH Industrial

Founded July 2010; 8 years

ago(incorporated)
Defunct 29 September 2013

Headquarters Turin, Italy

Key people Sergio Marchionne

(Chairman)
Products Trucks, construction
and agricultural
machinery, industrial
 and marine
Revenue €25.8 billion
powertrains
(2012)[36]
Operating income €2.1 billion
(2012)[36]
Net income €921 million
(2012)[36]
Total assets 47,384,000,000
United States dollar
(2016) 
Number of 68,257 (end 2012)[36]
employees

Subsidiaries CNH Global (87.4%),

Iveco, FPT Industrial
Website www.fiatindustrial.com

Fiat Industrial S.p.A. was an Italian

company into which Fiat S.p.A. (parent
company of Fiat Group) demerged most of
its activities not directly related to
automobiles at the start of 2011.[37] Fiat
Industrial served as a holding company for
the activities of truck manufacturer Iveco;
an 89.3% stake in the agricultural and
construction equipment producer CNH
Global; and FPT Industrial, which consists
of the industrial and marine activities
formerly part of Fiat Powertrain
Technologies. The company's Chairman
was Sergio Marchionne, who also served
as CEO of Fiat S.p.A. and Chairman/CEO
of Chrysler Group LLC, now merged as Fiat
Chrysler Automobiles.[38]
On 1 January 2011, each existing share of
Fiat S.p.A. was converted into one Fiat
share and one Fiat Industrial share. This
resulted in Exor (the holding company
controlled by the Agnelli family), the
largest shareholder of Fiat with a stake of
around 30%, holding an equivalent stake in
Fiat Industrial.[39] Exor has however raised
the possibility of the future sale of some
of its stake.[40]

In September 2011, the company entered

the DJSI World and Europe indexes as
leader in the Industrial Engineering sector.
On 29 September 2013, CNH Global N.V.
and Fiat Industrial S.p.A. were merged into
CNH Industrial N.V., a company
incorporated in the Netherlands. Fiat
Industrial shareholders received one CNH
Industrial common share for every Fiat
Industrial share held and CNH Global
shareholders received 3.828 CNH
Industrial common shares for every CNH
Global common share held. CNH Industrial
N.V. was subsequently listed on both the
NYSE and the Milan stock exchange
(Mercato Telematico Azionario. For
additional information, see CNH Industrial
N.V.[41]
CNH Industrial …

2013: CNH merges with parent company

Fiat Industrial S.p.A., forming the new
CNH Industrial N.V., on 30 September.
2014: the company entered into a new
licensing agreement with Sumitomo
(S.H.I.) Construction Machinery and
completed acquisition of Miller-St.
Nazianz, Inc.
2016: CNH Industrial acquired
Kongskilde Agriculture and entered
exclusive mini-excavator alliance with
Hyundai Heavy Industries.

Brands
Astra
Case Construction Equipment
Case IH
FPT Industrial
Heuliez Bus
Iveco
Iveco Bus
Iveco Defence Vehicles
Magirus
Miller
New Holland Agriculture
New Holland Construction
Steyr
See also
CNH Global
Fiat Industrial

References
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N.V." U.S. Securities and Exchange
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 4. "International Agreements" . CNH
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. http://www.caseih.com
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11. Industrial)%20in%20Belgium%20and%
20the%20Netherlands "News -
Extension of the partnership between
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N... | BNP Paribas Bank" Check
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13. Report 20F 2012 p. 28
http://phx.corporate-
ir.net/External.File?
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oaWxkSUQ9LTF8VHlwZT0z&t=1
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http://phx.corporate-
ir.net/External.File?
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aWxkSUQ9NDg0Mjg2fFR5cGU9MQ==
&t=1
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17210" . Construction Equipment
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1 . Case Official website "Archived copy" .
Archived from the original on 29 June
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07-18 at the Wayback Machine
19. "We New Holland - The world of New
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34. "FIAT GROUP "5 years plan"p. 13"
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External links
Official website
Business data for CNH Industrial N.V.:
Google Finance • Yahoo! Finance •

Bloomberg • SEC filings

Retrieved from
"https://en.wikipedia.org/w/index.php?
title=CNH_Industrial&oldid=1000918451"
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