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Abhinav Parmar


Stories by Abhinav Parmar

Photo: Piotr Swat/SOPA Images via Reuters Connect
Machinery, News

CNH Industrial forecasts lower FY profits on declining agriculture, construction equipment sales

By Abhinav Parmar February 4, 2025
Reuters – CNH Industrial CNH.N on Tuesday forecast 2025 profit below Wall Street’s estimates, as it expects sales to be lower year-over-year in both its agriculture and construction equipment markets […] Read more

A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Machinery

CNH Industrial lowers profit forecast on slow demand for farming products

By Abhinav Parmar, Reuters July 31, 2024
Farm and construction equipment maker CNH Industrial on Wednesday lowered its 2024 profit forecast for the second time, as slowing demand for its tractors and combines keeps hopes for a recovery in the second half of the year muted.


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