CNH NAVIGATED Q3 DECLINES AS TARIFFS AND SLOW DEMAND HURT PROFITS
https://s.yimg.com/ny/api/res/1.2/KkARE7aO9cfaV21cjCXvLg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/manufacturing_dive_692/55ecfb60c719aaf1d746dd2851109388
✍️ CNH Industrial reported a down third quarter due to tariff impacts and slow agricultural demand in North America, with revenue declining 5.5% to $4.4 billion.
👉 Revenue declined 5.5% to $4.4 billion 👉 Net income fell 78% year over year to $67 million 👉 CNH plans to close its Burlington, Iowa, plant by Q2 2026 due to declining demand 👉 Company will invest $5 billion over the next five years into U.S. manufacturing and research and development facilities
-- #GerritMarx #JamesNickolas #NorthAmerica #Iowa #Europe #MiddleEast #Africa #China #Netherlands #business
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