News Formal

CNH Industrial's CEO sees lack of growth in China's construction market

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

España Noticias Noticias

España Últimas Noticias,España Titulares

Farming and construction machine maker CNH Industrial's decision to permanently halt construction sales in China was due to declining market share and competition from local companies, the company's CEO said on Thursday. 'We couldn't see a path of future growth in a market where out brand presence wasn't

Farming and construction machine maker CNH Industrial's decision to permanently halt construction sales in China was due to declining market share and competition from local companies, the company's CEO said on Thursday.

"We couldn't see a path of future growth in a market where out brand presence wasn't strong," Chief Executive Officer Scott Wine told Reuters in an interview. The company said on Dec. 1 it would stop selling its construction equipment in China effective Dec. 31.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

SoftBank CEO Son lifts stake in company to 34%, heads toward buyout - Bloomberg NewsSoftBank Group Corp's billionaire chairman and chief executive officer, Masayoshi Son, has raised his stake in the company to 34 per cent, taking him closer to a buyout of the Japanese conglomerate, Bloomberg news reported on Thursday. Son's stake in the company rose to 34.2 per cent from 32.2 per cent as
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »