CNH Industrial announces 'Transform 2 Win' Business Strategy at New York Investor Day
CNH Industrial N.V. announced its new five-year 2020 – 2024 business plan ‘Transform 2 Win,’ at its Capital Markets Day event in New York, U.S.A. wherein the company presented a detailed strategy to transform its structure and performance to empower its five operating segments and achieve their full potential.
The company plans to invest about USD 13 billion globally for product development in all segments; separating ‘On-Highway and ‘Off-Highway’ assets by early 2021; creating two focused world leading businesses; acquisition of AgDNA will enable its customers and third party agricultural machinery to benefit from AgDNA’s single point data integration, mapping and analytical tools.
The company plans to invest about USD 13 billion globally for product development in all segments; separating ‘On-Highway and ‘Off-Highway’ assets by early 2021; creating two focused world leading businesses; acquisition of AgDNA will enable its customers and third party agricultural machinery to benefit from AgDNA’s single point data integration, mapping and analytical tools.
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NBM&CW October 2019
