CNH Industrial NV

CNH: XNYS (USA)
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Second Place Is More Than Good Enough for CNH Industrial

Business Strategy and Outlook

CNH Industrial has a somewhat complicated history dating back to 2013 when the legacy Case New Holland business was combined with the nonautomotive activities of Italy’s Fiat Group to form CNH Industrial. After the pandemic, CNH’s management decided to further separate the company’s off-road and on-road assets. This resulted in the 2022 demerger of Iveco Group, which represented the remaining “on-road” commercial vehicle and powertrain assets. Remaining CNH Industrial is now focused on its agriculture business (74% of sales) with construction (16%) and the captive finance subsidiary (10%).

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