CNH Industrial N.V. Q4 2025 Earnings Call Summary

Management attributes the Q4 revenue increase to an easy comparison against 2024's severe production cuts rather than a fundamental market recovery. The Agriculture segment realized $230 million in cost savings during 2025, keeping the company on track for its $550 million cumulative target by 2030. A strategic pivot is underway to reduce the number of first-level dealer owners by one-third to create a more robust, dual-branded distribution network. Quality initiatives delivered $150 million in savi ...