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Tag Archives CNH

New Holland’s T4 Electric Power utility tractor. (Photo courtesy CNH)
General, Machinery

CNH puts full-electric utility tractors on deck

New Holland T4, Farmall 75C due out early 2024

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Heavy equipment firm CNH plans to get two new all-electric utility tractor models onto at least a few dealer lots in 2024 — including one it bills as a first in the tractor market. CNH’s New Holland Agriculture arm said Monday its T4 Electric Power model, “the first all-electric utility tractor with autonomous features,” will […] Read more
A New Holland Speedrower 260 Plus windrower unit, outfitted with Honey Bee’s WSC30 header. (Media.CNHIndustrial.com)
Crops, Machinery

CNH enlists Sask. manufacturer for new windrower draper heads

Honey Bee to partner on new small-grain swathing combos

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A new manufacturing partnership will see New Holland’s Speedrower Plus and Case IH’s WD5 windrower lines put to work swathing small grains and canola — and put made-in-Saskatchewan faces forward as they do. Case IH and New Holland’s parent firm CNH and Honey Bee Manufacturing say they’ve set up a partnership agreement for compatibility between […] Read more
A CNH Industrial building in Turin, Italy. Photo: Reuters/ Massimo Pinca/File
Crops, Machinery, Markets, Reuters

CNH raises revenue guidance on robust tractor demand

Price increases support profit margins

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Milan | Reuters — Farm and construction equipment maker CNH Industrial on Friday raised its full-year revenue forecast as operating profit topped expectations in the first quarter, aided by a strong order backlog and resilient demand for its large tractors. The company increased its revenue outlook for industrial activities to between eight and 11 per […] Read more
(Romaset/iStock/Getty Images)
Crops, Machinery, Reuters

Colorado’s ag equipment right-to-repair bill signed into law

Bills introduced in 16 states

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Reuters — Colorado’s governor signed the nation’s first right-to-repair legislation into law on Tuesday, giving the state’s farmers and ranchers the autonomy to fix their own equipment. The bill, which requires manufacturers such as Deere and Co. to provide manuals for diagnostic software and other aids, garnered bipartisan support as farmers grew increasingly frustrated with […] Read more
A New Holland unit on display at the Yugagro exhibition in Krasnodar, Russia in 2021. (Media.cnhindustrial.com)
Crops, Machinery

CNH sheds Russian business

New Holland, Case IH maker had suspended shipments last year

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The maker of Case IH and New Holland tractors and combines is selling its business activities in Russia for about US$60 million. CNH Industrial, which employs about 200 people in Russia, announced the divestment in a release Wednesday without naming the buyer. CNH in March last year suspended all shipments and supplies to Russia and […] Read more
(Outback Guidance video screengrab via YouTube)
Crops, Machinery

CNH to buy Outback Guidance’s parent firm

Case IH, New Holland maker to pay US$175 million for Hemisphere

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CNH Industrial, parent of the Case IH. New Holland, Steyr and Flexi-Coil farm equipment brands, has signed a cash deal to buy satellite positioning tech firm Hemisphere GNSS, parent of the Outback Guidance aftermarket GPS, precision ag and autosteer business. CNH announced Thursday it will pay $175 million for Hemisphere, which has been owned since […] Read more
Screengrab from a CNH promotional video of its Magnum tractor assembly plant at Racine, Wisconsin. (CNH video)
Crops, Machinery, Reuters

CNH sees headwinds easing in 2023 after strong fourth-quarter results

Long-running strikes end at two CNH plants in U.S.

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Reuters — CNH Industrial said on Thursday its 2023 net sales of industrial activities would grow by between six and 10 per cent, after the group posted stronger-than-expected results in the last quarter of 2022. The industry faced several headwinds in 2022, including a choppy supply chain and inflation, but late in the year these […] Read more
Monarch’s MK-V tractor. (MonarchTractor.com)
Crops, Machinery, Reuters

Foxconn to build autonomous electric tractors in Ohio

Tech firm to make units for U.S.-based Monarch

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Reuters — Taiwan’s Foxconn, the world’s largest contract electronics maker, on Tuesday said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio facility starting in early 2023. The announcement comes as heavy machinery manufacturers, including Deere and Agco, set their sights on the electric vehicle market as the U.S. agriculture […] Read more
John Deere’s 8R autonomous tractor is pictured at Jensen Test Farm at Bondurant, Iowa, just northeast of Des Moines, on April 28, 2022. (Photo: Reuters/Bianca Flowers)
Crops, Machinery, Reuters

Deere tapping into Apple-like tech model to drive revenue

'Hopefully the costs will be paid back in the long run'

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Bondurant, Iowa | Reuters — Deere and Co. has sold its tractors and other equipment to farmers for decades, but the world’s largest agriculture machinery manufacturer is tearing a page from the technology world’s playbook — combining cutting-edge hardware with software and subscription models to drive revenue growth. In a world with a dwindling number […] Read more

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