SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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 February, 2003.
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 X Form 40-F
(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 No X
(If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .)
SIGNATURES |
CNH GLOBAL N.V.
Form 6-K for the month of February, 2003
List of Exhibits:
1. | Registrants Summary North American Retail Unit Sales Activity For Selected Agricultural and Construction Equipment, During the Month of December and Cumulative for 1 Month, 2003, And Indicators of North American Dealer Inventory Levels for Selected Agricultural Equipment at the End of December 2002 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 January and Cumulative for 1 Month, 2003,
And Indicators of North American Dealer Inventory Levels for Selected
Agricultural Equipment at the End of December 2002 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 nor 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 | January N.A. Activity |
SUMMARY OF NORTH AMERICAN RETAIL ACTIVITY | ||||||||
Total North American | CNH RELATIVE PERFORMANCE | |||||||
CATEGORY | INDUSTRY | (All Brands) | ||||||
RETAIL UNIT SALES: |
||||||||
MONTH OF JAN. 2003
|
||||||||
Agricultural Tractors: |
||||||||
under 40 horsepower (2WD) |
+ 2.8 | % | down low double digits | |||||
40 to 100 horsepower (2WD) |
(4.0 | %) | down low double digits | |||||
over 100 horsepower (2WD) |
+ 0.1 | % | up low double digits | |||||
4 wheel drive tractors |
(19.6 | %) | down high double digits | |||||
Total tractors |
(0.8 | %) | down low double digits | |||||
Combines |
(2.3 | %) | up low double digits | |||||
Loader/backhoes |
(26.8 | %) | down low double digits, moderately better than the industry | |||||
Skid Steer Loaders |
(24.3 | %) | down moderate double digits, slightly worse than the industry | |||||
Total Heavy
|
||||||||
Construction Equipment |
(4.0 | %) | up low double digits | |||||
RETAIL UNIT SALES: |
||||||||
1 MONTH, 2003
|
||||||||
Agricultural Tractors: |
||||||||
under 40 horsepower (2WD) |
+ 2.8 | % | down low double digits | |||||
40 to 100 horsepower (2WD) |
(4.0 | %) | down low double digits | |||||
over 100 horsepower (2WD) |
+ 0.1 | % | up low double digits | |||||
4 wheel drive tractors |
(19.6 | %) | down high double digits | |||||
Total tractors |
(0.8 | %) | down low double digits | |||||
Combines |
(2.3 | %) | up low double digits | |||||
Loader/backhoes |
(26.8 | %) | down low double digits, moderately better than the industry | |||||
Skid Steer Loaders |
(24.3 | %) | down moderate double digits, slightly worse than the industry | |||||
Total Heavy |
||||||||
Construction Equipment |
(4.0 | %) | up low double digits | |||||
DEALER INVENTORIES: |
||||||||
END OF DECEMBER 2002
|
||||||||
Agricultural Tractors: |
||||||||
under 40 horsepower (2WD) |
5.4 months supply | 1/2 month less than the industry | ||||||
40 to 100 horsepower (2WD) |
5.3 months supply | in line with the industry | ||||||
over 100 horsepower (2WD) |
5.1 months supply | > 1 month less than the industry | ||||||
4 wheel drive tractors |
4.5 months supply | 1 month less than the industry | ||||||
Total tractors |
5.3 months supply | 1/2 month less than the industry | ||||||
Combines |
2.4 months supply | 1/2 month more than the industry | ||||||
Dated: February 18, 2003
Industry Trends
U.S. Ag Flash Reports
January 2003 Flash
Report
U.S. Unit Retail Sales
(Report released February 12, 2003)
December | |||||||||||||||||||||||||||||
2002 | |||||||||||||||||||||||||||||
January | January | Y-T-D | U.S. Field | ||||||||||||||||||||||||||
Equipment | 2003 | 2002 | % Chg. | 2003 | Y-T-D 2002 | % Chg. | Inventory | ||||||||||||||||||||||
Farm Wheel Tractors -
2 Wheel Drive |
|||||||||||||||||||||||||||||
Under 40 HP |
4,084 | 3,959 | 3.2 | 4,084 | 3,959 | 3.2 | 44,232 | ||||||||||||||||||||||
40 & Under 100 HP |
2,905 | 3,019 | -3.8 | 2,905 | 3,019 | -3.8 | 23,976 | ||||||||||||||||||||||
100 HP & Over |
921 | 982 | -6.2 | 921 | 982 | -6.2 | 6,070 | ||||||||||||||||||||||
Total - 2 Wheel Drive |
7,910 | 7,960 | -0.6 | 7,910 | 7,960 | -0.6 | 74,278 | ||||||||||||||||||||||
Total - 4 Wheel Drive |
188 | 214 | -12.1 | 188 | 214 | -12.1 | 999 | ||||||||||||||||||||||
Total Farm Wheel |
8,098 | 8,174 | -0.9 | 8,098 | 8,174 | -0.9 | 75,277 | ||||||||||||||||||||||
Tractors |
|||||||||||||||||||||||||||||
Combines |
178 | 183 | -2.7 | 178 | 183 | -2.7 | 938 | ||||||||||||||||||||||
(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. 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.
For further information, please contact Mary Matimore at 312-321-1470.
Back To U.S. Ag Reports Home
Chicago Office 10 S. Riverside Plaza Suite 1220 Chicago, IL 60606-3710 Phone: 312-321-1470 Fax: 312-321-1480 |
© AEM 2002 Association of Equipment Manufacturers Toll Free: 866-AEM-0442 Click here to read our Legal and Privacy Information Contact Us |
Milwaukee Office 111 E. Wisconsin Ave. Suite 1000 Milwaukee, WI 53202-4806 Phone: 414-272-0943 Fax: 414-272-1170 |
Industry Trends
Canadian Ag Flash Reports
January 2003 Flash Report Canada Unit Retail Sales
(Report released 2/12/2003)
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.
January | January YTD | December | |||||||||||||||||||||||||||||||
2002 | 2001 | ||||||||||||||||||||||||||||||||
Canadian | Canadian | ||||||||||||||||||||||||||||||||
(Field) | (Field) | ||||||||||||||||||||||||||||||||
Equipment | 2003 | 2002 | % Chg. | 2003 | 2002 | % Chg. | Inventory | Inventory | |||||||||||||||||||||||||
Farm Wheel Tractors - 2 Wheel Drive |
|||||||||||||||||||||||||||||||||
Under 40 HP |
227 | 234 | -3.0 | 227 | 234 | -3.0 | 2,614 | 2,202 | |||||||||||||||||||||||||
40 & Under 100 HP |
353 | 375 | -5.9 | 353 | 375 | -5.9 | 2,702 | 2,883 | |||||||||||||||||||||||||
100 HP & Over |
265 | 203 | 30.5 | 265 | 203 | 30.5 | 1,402 | 1,280 | |||||||||||||||||||||||||
Total - 2 Wheel Drive |
845 | 812 | 4.1 | 845 | 812 | 4.1 | 6,718 | 6,365 | |||||||||||||||||||||||||
Total - 4 Wheel Drive |
29 | 56 | -48.2 | 29 | 56 | -48.2 | 209 | 126 | |||||||||||||||||||||||||
Total Farm Wheel Tractors |
874 | 868 | 0.7 | 874 | 868 | 0.7 | 6,927 | 6,491 | |||||||||||||||||||||||||
Combines (Self-Propelled) |
34 | 34 | 0.0 | 34 | 34 | 0.0 | 285 | 309 | |||||||||||||||||||||||||
Chicago Office 10 S. Riverside Plaza Suite 1220 Chicago, IL 60606-3710 Phone: 312-321-1470 Fax: 312-321-1480 |
© AEM 2002 Association of Equipment Manufacturers Toll Free: 866-AEM-0442 Click here to read our Legal and Privacy Information Contact Us |
Milwaukee Office 111 E. Wisconsin Ave. Suite 1000 Milwaukee, WI 53202-4806 Phone: 414-272-0943 Fax: 414-272-1170 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CNH Global N.V. | ||||
By: | /S/ Roberto Miotto | |||
Roberto Miotto Senior Vice President, General Counsel, and Secretary |
February 18, 2003