CNH Industrial Reports Record First Quarter of 2021

CNH Industrial reported first quarter consolidated revenues of $7.5 billion (up 37 percent compared to the first quarter of 2020), net income of $425 million and adjusted EBIT of Industrial Activities of $545 million (up $693 million), with strong performance from all segments year-over-year. Industrial Activities net cash was $0.6 billion as of March 31, 2021, with free cash flow seasonally negative by $0.4 billion....

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