CNH Industrial N.V. (NYSE:CNHI) Q1 2024 Earnings Call Transcript

Scott Wine: The term we like to use is great iron and great tech. I mean when I started, we got – regularly, people commented on, man, you guys have great iron, we just wish your tech to get there. And then part of what helps our market share in the future. And you saw, I mean, field ops this off-board management system is really, really good as we continue to develop MGMA or our system for AFS Connect and PLM Connect to give our customers better solutions, that all plays into it. But ultimately, it comes down to, I think, a couple of levers. It’s our close working relationship with our dealers and our focus on delivering for our customers. The CR 11, the new – I mean, it’s unbelievable what that does. That’s – we’re going to have 25-ish, probably a little bit more because there’s so much demand for it of those machines operating in the field.

And the incremental productivity that, that brings obviously, I think is going to drive tremendous demand going forward, what we’ve done with the tractor portfolio, especially the European tractors and then soon upgrading the North American tractor platforms is all really good. And Derek has been investing a lot of money in some products, what I’ll call white space that we could or should be in. So I think all of those bode well for the ability to gain market share in the future.

Operator: There are no further questions at this time. This will conclude today’s conference call. Thank you all for your participation. You may now disconnect.