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Giulio Piovaccari


Stories by Giulio Piovaccari

A CNH Industrial building in Turin, Italy. Photo: Reuters/ Massimo Pinca/File
Crops, Machinery, Markets

CNH raises revenue guidance on robust tractor demand

Price increases support profit margins

By Bianca Flowers, Giulio Piovaccari May 6, 2023
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 […] Read more

A CNH Industrial building in Turin, Italy. Photo: Reuters/ Massimo Pinca/File
Machinery

CNH Industrial beats profit estimates, confirms outlook despite recession fears

By Giulio Piovaccari July 29, 2022
Milan | Reuters – Agricultural and construction machine maker CNH Industrial CNHI.MI beat estimates on Friday with a 14 percent rise in industrial operating profit in the second quarter and […] Read more


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

CNH confident on navigating supply issues beyond first quarter

Market environment remains 'a battle'

By Giulio Piovaccari May 3, 2022
Milan | Reuters — CNH Industrial beat first-quarter earnings expectations on Tuesday and the agricultural and construction machine maker’s CEO said he was confident the company could successfully navigate ongoing […] Read more

Concept art for the rear view of a Ram electric truck. (Ramtruck.ca)
Machinery

Stellantis’ battery plans take shape in Italy, Canada

LG and Stellantis set up j.v. for Windsor gigafactory

By Giulio Piovaccari, Steve Scherer March 23, 2022
Milan/Ottawa | Reuters — Stellantis took significant steps in its battery production plans in Europe and North America on Wednesday as carmakers race to meet rising demand for electric vehicles. […] Read more

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

CNH Industrial bets on strong market to counter worst supply chain situation

By Giulio Piovaccari July 30, 2021
Milan | Reuters – Italian-American vehicle maker CNH Industrial on Friday raised its revenue and free cash flow forecasts for this year, confident an industry cyclical upturn would help it […] Read more


Photo: CNH Industrial
Machinery

CNH Industrial guides for revenue fall up to 20 per cent

By Giulio Piovaccari July 30, 2020
Milan | Reuters – Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and forecast net sales from industrial activities would fall between 15-20 percent […] Read more

Suzanne Heywood. (CNHIndustrial.com)
Crops, Machinery

CNH Industrial replaces CEO, sticks with spinoff plan

Chairman Suzanne Heywood becomes interim CEO; CFO also leaving

By Giulio Piovaccari March 23, 2020
Updated, March 24 — Milan | Reuters — The chief executive of CNH Industrial is leaving with immediate effect, the industrial vehicle maker said on Monday, less than two months […] Read more

An Iveco Trakker off-road transport. (Iveco.com)
Machinery

CNH to list truck and bus business in break-up

By Giulio Piovaccari September 3, 2019
Milan | Reuters — Industrial vehicle maker CNH Industrial has decided to split in two and list its truck, bus and engine division in an effort to boost asset values […] Read more


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