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CNH does not plan to reduce operations in Italy

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© Reuters. FILEPHOTO: CNH is an Italian-American manufacturer of industrial vehicles. This logo was displayed at an Italian-American event that CNH hosted to show its new fully-electric and hydrogen fuel-cell truck models. It took place in Turin, Italy on December 3rd 2019. REUTERS/Massimo

MILAN (Reuters), – CNH Industrial (NYSE 🙂 doesn’t plan to cut operations in Italy. That was the statement that the Italian-American car maker, CNH Industrial, said on Thursday.

Scott Wine, Chief Executive of La Repubblica Italy also stated daily that Italy is a safe country to invest.

Wine explained that Italy would be among the first to benefit from plant upgrades and new technology.

CNH houses brand names like Case or New Holland and is managed by Exor (OTC-) NV. This holding company belongs to the Agnelli family of Italy.

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