CNH To Strengthen Compact Tractor Portfolio In Expanded Agreement With LS Tractor
Portfolio Pulse from Benzinga Newsdesk
CNH Industrial plans to expand its partnership with LS Tractor to enhance its compact tractor portfolio. The expanded agreement includes localizing the production of select compact tractor models at the CNH manufacturing site in Greater Noida, India, and the LS Tractor manufacturing site in South Korea. This move is expected to increase CNH's speed to market and deliver new solutions for customers, while leveraging the strength of its Indian supplier base.

November 08, 2023 | 4:04 pm
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CNH Industrial's expanded partnership with LS Tractor to enhance its compact tractor portfolio could potentially boost its market share in this segment. The localization of production in India and South Korea could also increase its speed to market and deliver new solutions for customers.
The expanded partnership with LS Tractor allows CNH Industrial to enhance its compact tractor portfolio, which could potentially increase its market share in this segment. Additionally, localizing production in India and South Korea could increase its speed to market and deliver new solutions for customers, which could positively impact its stock price in the short term.
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