Business Overview

CNH Industrial is a leading global capital goods company engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines and transmissions for those vehicles and engines for marine and power generation applications.

The Group has industrial and financial services companies located in 44 countries and a commercial presence in approximately 190 countries. The Group had net revenues of €25,778 million in 2013 and, as of December 31, 2013, had 71,192 employees.

Group segments presented in this Annual Report are as follows:

  • Agricultural and Construction Equipment produces agricultural equipment such as tractors, combine harvesters, hay and forage, tillage and sprayer equipment under the Case IH Agriculture, New Holland Agriculture and Steyr brands and produces construction equipment such as excavators, loaders, backhoes, dozers and graders under the Case Construction and New Holland Construction brands. The segment also provides financial services solutions to its customers and dealers.
  • Trucks and Commercial Vehicles produces a range of commercial vehicles under the Iveco brand, buses under the Iveco Bus (previously Iveco Irisbus) and Heuliez Bus brands and firefighting and special purpose vehicles under the Magirus, Iveco Astra and Iveco Defence Vehicles brands. The segment also provides financial services solutions to its customers and dealers.
  • Powertrain produces engines and transmissions for trucks and commercial vehicles, agricultural and construction equipment and for marine and other industrial applications.

Net revenues by segment in the years ended December 31, 2013 and 2012 were as follows:

(€ million)20132012
Agricultural and Construction Equipment16,00616,056
Trucks and Commercial Vehicles8,7528,924
Powertrain3,3312,933
Eliminations and Other(2,311)(2,128)
Total for the Group25,77825,785
 

Net revenues by region in the years ended December 31, 2013 and 2012 were as follows:

(€ million)20132012
EMEA10,82310,870
NAFTA7,3367,417
LATAM4,8134,200
APAC2,8063,298
Total25,77825,785