SECURITIES AND EXCHANGE COMMISSION
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of November, 2004.
CNH GLOBAL N.V.
(Translation of Registrants Name Into English)
World Trade Center
Tower B, 10th Floor
Amsterdam Airport
The Netherlands
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F þ Form 40-F o
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes o No þ
(If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .)
List of Exhibits: | ||||||||
SIGNATURES |
CNH GLOBAL N.V.
Form 6-K for the month of November, 2004
List of Exhibits:
1. | Registrants Summary North American Retail Unit Sales Activity For Selected Agricultural and Construction Equipment, During the Month of October and Cumulative for 10 Months, 2004, And Indicators of North American Dealer Inventory Levels for Selected Agricultural Equipment at the End of September 2004 Relative to Industry Results or Levels, Compared with Prior Year Periods. |
CNH Global N.V.
Summary North American Retail Unit Sales Activity
For Selected Agricultural and Construction Equipment,
During the Month of October and Cumulative for 10 Months, 2004,
And Indicators of North American Dealer Inventory Levels for Selected
Agricultural Equipment at the End of September 2004 Relative to Industry
Results or Levels, Compared with Prior Year Periods
The following table summarizes selected agricultural and construction equipment industry retail unit sales results in North America as compared with prior year periods. Industry results for the current periods are expressed as a percentage change from the prior year periods, by major product category. The percentage change reflects only industry retail unit sales results and is derived from flash, or preliminary actual, data of the U.S. Association of Equipment Manufacturers (AEM) and of the Canadian Farm and Industrial Equipment Institute (CFIEI).
These industry data are based on unit sales as preliminarily reported by AEM and CFIEI member companies and include most, but not all, of the equipment sold in each of the categories. The data are subject to revision from time to time and caution should be maintained when using the data for any purpose. Actual results will vary and may not be known for some time. Over time, industry results will be adjusted to reflect actual sales differences, reclassifications, or other factors. Retail unit sales will fluctuate from month to month due to several factors, including timing of new products and new product introductions, product availability, and sales programs. CNH Global N.V.s performance for the same periods is described relative to the change in industry results.
Also included in the table are indicators of North American dealer inventory levels. Industry data are derived from the flash, or preliminary actual, data of the AEM and CFIEI and expressed as the number of months of inventory on hand, based on the simple average of the previous 12 months retail unit sales results. CNH Global N.V.s dealers inventory levels for the same periods are described relative to the industry levels.
This information reflects point-in-time data that is not necessarily representative of either the market or of CNH Global N.V.s relative performance going forward, nor does it reflect or imply any forward-looking information regarding the market or CNH Global N.V.s relative performance in that market.
Copies of the relevant Agricultural Flash report from AEM and CFIEI follow the table.
Page 2 | CNH Global N.V. | October N.A. Activity |
SUMMARY OF NORTH AMERICAN RETAIL ACTIVITY
Total North | ||||||
American | CNH RELATIVE PERFORMANCE | |||||
CATEGORY |
INDUSTRY |
(All Brands) |
||||
RETAIL UNIT SALES: |
||||||
MONTH OF OCTOBER 2004 |
||||||
Agricultural Tractors: |
||||||
under 40 horsepower (2WD)
|
(6.1 | %) | up low single digits | |||
40 to 100 horsepower (2WD)
|
+15.7 | % | up moderate double digits, moderately more than the industry | |||
over 100 horsepower (2WD)
|
+26.8 | % | down low double digits | |||
4 wheel drive tractors
|
+38.0 | % | up low double digits, significantly less than the industry | |||
Sub total tractors over 40 hp
|
+19.9 | % | up low double digits, moderately less than the industry | |||
Total Ag tractors
|
+6.5 | % | up high single digits, in line with the industry | |||
Combines
|
+96.2 | % | up triple digits, moderately more than the industry | |||
Loader/backhoes
|
up low double digits | down high single digits | ||||
Skid Steer Loaders
|
down low single digits | down low double digits | ||||
Total Heavy |
||||||
Construction Equipment
|
up low double digits | up low single digits | ||||
RETAIL UNIT SALES: |
||||||
10 MONTHS, 2004 |
||||||
Agricultural Tractors: |
||||||
under 40 horsepower (2WD)
|
+6.6 | % | up low single digits, slightly less than the industry | |||
40 to 100 horsepower (2WD)
|
+14.2 | % | up low double digits, slightly more than the industry | |||
over 100 horsepower (2WD)
|
+28.7 | % | up low double digits, moderately less than the industry | |||
4 wheel drive tractors
|
+21.3 | % | up moderate double digits, equal to the industry | |||
Sub total tractors over 40 hp
|
+17.5 | % | up low double digits, equal to the industry | |||
Total Ag tractors
|
+10.9 | % | up low double digits, equal to the industry | |||
Combines
|
+46.9 | % | up moderate double digits, moderately less than the industry | |||
Loader/backhoes
|
up moderate double digits | up moderate double digits, in line with the industry | ||||
Skid Steer Loaders
|
up low double digits | up high single digits | ||||
Total Heavy |
||||||
Construction Equipment
|
up moderate double digits | up moderate double digits, but moderately less than the industry | ||||
DEALER INVENTORIES: |
||||||
END OF SEPTEMBER 2004 |
||||||
Agricultural Tractors: |
||||||
under 40 horsepower (2WD)
|
4.8 months supply | 1 month more than the industry | ||||
40 to 100 horsepower (2WD)
|
5.0 months supply | 1/2 month more than the industry | ||||
over 100 horsepower (2WD)
|
4.5 months supply | in line with the industry | ||||
4 wheel drive tractors
|
4.4 months supply | 1/2 month less than the industry | ||||
Total tractors
|
4.8 months supply | 1/2 month more than the industry | ||||
Combines
|
3.7 months supply | > 1 month more than the industry |
Dated: November 12, 2004
Industry Trends
U.S. Ag Flash Reports
October 2004 Flash Report
U.S. Unit Retail Sales
(Report released 11/11/2004)
To download a PDF of this report, please click here.
September | ||||||||||||||||||||||||||||
October | October | Y-T-D | 2004 U.S. Field | |||||||||||||||||||||||||
Equipment |
2004 |
2003 |
% Chg. |
2004 |
Y-T-D 2003 |
% Chg. |
Inventory |
|||||||||||||||||||||
Farm Wheel Tractors - 2 Wheel Drive |
||||||||||||||||||||||||||||
Under 40 HP |
9,121 | 10,064 | -9.4 | 119,183 | 112,753 | 5.7 | 52,888 | |||||||||||||||||||||
40 & Under 100 HP |
6,812 | 5,828 | 16.9 | 60,249 | 51,924 | 16.0 | 27,856 | |||||||||||||||||||||
100 HP & Over |
2,740 | 2,149 | 27.5 | 17,111 | 12,261 | 39.6 | 6,573 | |||||||||||||||||||||
Total - 2 Wheel Drive |
18,673 | 18,041 | 3.5 | 196,543 | 176,938 | 11.1 | 87,317 | |||||||||||||||||||||
Total - 4 Wheel Drive |
686 | 495 | 38.6 | 3,058 | 2,434 | 25.6 | 1,230 | |||||||||||||||||||||
Total Farm Wheel
Tractors |
19,359 | 18,536 | 4.4 | 199,601 | 179,372 | 11.3 | 88,547 | |||||||||||||||||||||
Combines
(Self-Propelled) |
1,097 | 541 | 102.8 | 5,782 | 3,798 | 52.2 | 1,792 |
Page 2 of 2
These data are, in part, estimates that are subject to revisions when final detail data become available. Because of the seasonal nature of the industry, comparisons of monthly data from one period to another should be done with extreme caution. These data represent most, but not all, of the manufacturers in each product category being sold at retail in the fifty states and the District of Columbia.
Ag Flash Report is updated by the 15th of the month.
Interested in subscribing to market data reports? Click here. For further information, please contact Deb Carson at 414-298-4146.
To U.S. Ag Flash Report Archive >>
© AEM 2004 Association of Equipment Manufacturers
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Industry Trends
Canadian Ag Flash Reports
October 2004 Flash Report Canada Unit Retail Sales
(Report released 11/11/2004)
These data are, in part, estimates that are subject to revisions when final detail data become available. Because of the seasonal nature of the industry, comparisons of monthly data from one period to another should be done with extreme caution. These data represent most, but not all, of the manufacturers in each product category being sold at retail in the Provinces of Canada.
To download a PDF of this report, please click here.
October |
October YTD |
September |
||||||||||||||||||||||||||||||
2004 | 2003 | |||||||||||||||||||||||||||||||
Canadian | Canadian | |||||||||||||||||||||||||||||||
(Field) | (Field) | |||||||||||||||||||||||||||||||
Equipment |
2004 |
2003 |
% Chg. |
2004 |
2003 |
% Chg. |
Inventory |
Inventory |
||||||||||||||||||||||||
Farm Wheel Tractors - 2 Wheel Drive |
||||||||||||||||||||||||||||||||
Under 40 HP |
944 | 654 | 44.3 | 6,190 | 4,855 | 27.5 | 3,025 | 3,081 | ||||||||||||||||||||||||
40 & Under 100 HP |
1,162 | 1,061 | 9.5 | 5,390 | 5,530 | -2.5 | 3,232 | 3,313 | ||||||||||||||||||||||||
100 HP & Over |
598 | 484 | 23.6 | 2,970 | 3,348 | -11.3 | 1,694 | 1,693 | ||||||||||||||||||||||||
Total - 2 Wheel Drive |
2,704 | 2,199 | 23.0 | 14,550 | 13,733 | 5.9 | 7,951 | 8,087 | ||||||||||||||||||||||||
Total - 4 Wheel Drive |
102 | 76 | 34.2 | 600 | 582 | 3.1 | 198 | 236 | ||||||||||||||||||||||||
Total Farm Wheel |
2,806 | 2,275 | 23.3 | 15,150 | 14,315 | 5.8 | 8,149 | 8,323 | ||||||||||||||||||||||||
Tractors |
||||||||||||||||||||||||||||||||
Combines |
196 | 118 | 66.1 | 1,352 | 1,057 | 27.9 | 511 | 397 | ||||||||||||||||||||||||
(Self-Propelled) |
These data are, in part, estimates that are subject to revisions when final detail data become available. Because of the seasonal nature of the industry, comparisons of monthly data from one period to another should be done with extreme caution.
Ag Flash Report is updated by the 15th of the month.
Interested in subscribing to market data reports? Click here. For further information, please contact Deb Carson at 414-298-4146.