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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 June, 2003.
CNH GLOBAL N.V.
(Translation of Registrant’s 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- .
| CNH GLOBAL N.V. | ||||||||
| U.S. Ag Flash Reports | ||||||||
| Canadian Ag Flash Reports | ||||||||
| SIGNATURES | ||||||||
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CNH GLOBAL N.V.
Form 6-K for the month of June, 2003
List of Exhibits:
| 1. | Registrant’s Summary North American Retail Unit Sales Activity For Selected Agricultural and Construction Equipment, During the Month of May and Cumulative for 5 Months, 2003, And Indicators of North American Dealer Inventory Levels for Selected Agricultural Equipment at the End of April 2003 Relative to Industry Results or Levels, Compared with Prior Year Periods. |
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CNH Global N.V.
Summary North American Retail Unit Sales Activity
For Selected Agricultural and Construction Equipment,
During the Month of May and Cumulative for 5 Months, 2003,
And Indicators of North American Dealer Inventory Levels for Selected Agricultural
Equipment at the End of April 2003
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 dealer’s 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.
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| Page 2 | CNH Global N.V. | May N.A. Activity |
| SUMMARY OF NORTH AMERICAN RETAIL ACTIVITY | ||||||||
| Total North American | CNH RELATIVE PERFORMANCE | |||||||
| CATEGORY | INDUSTRY | (All Brands) | ||||||
| RETAIL UNIT SALES: | ||||||||
| MONTH OF MAY 2003 | ||||||||
| Agricultural Tractors: | ||||||||
| under 40 horsepower (2WD) | + 19.2 | % | down high single digits | |||||
| 40 to 100 horsepower (2WD) | + 5.9 | % | up moderate double digits | |||||
| over 100 horsepower (2WD) | (1.9 | %) | up mid single digits | |||||
| 4 wheel drive tractors | (3.1 | %) | up low single digits | |||||
| Total tractors | + 13.4 | % | up low single digits | |||||
| Combines | (33.9 | %) | down high double digits, moderately worse than the industry | |||||
| Loader/backhoes | + 12.5 | % | up mid single digits | |||||
| Skid Steer Loaders | + 3.1 | % | down low single digits | |||||
| Total Heavy Construction Equipment |
+ 2.9 | % | flat with last year | |||||
| RETAIL UNIT SALES: | ||||||||
| 5 MONTHS 2003 | ||||||||
| Agricultural Tractors: | ||||||||
| under 40 horsepower (2WD) | + 19.3 | % | down mid single digits | |||||
| 40 to 100 horsepower (2WD) | + 1.9 | % | up high single digits | |||||
| over 100 horsepower (2WD) | (4.3 | %) | down low double digits | |||||
| 4 wheel drive tractors | (1.7 | %) | down mid single digits | |||||
| Total tractors | + 10.8 | % | down low single digits | |||||
| Combines | (14.1 | %) | down low double digits, slightly better than the industry | |||||
| Loader/backhoes | (6.5 | %) | down low double digits | |||||
| Skid Steer Loaders | (8.5 | %) | down low double digits | |||||
| Total Heavy Construction Equipment | (2.6 | %) | down high single digits | |||||
| DEALER INVENTORIES: | ||||||||
| END OF April 2003 | ||||||||
| Agricultural Tractors: | ||||||||
| under 40 horsepower (2WD) | 6.9 months supply | 1/2 month lower than the industry | ||||||
| 40 to 100 horsepower (2WD) | 5.9 months supply | 1/2 month lower than the industry | ||||||
| over 100 horsepower (2WD) | 5.0 months supply | 1 month lower than the industry | ||||||
| 4 wheel drive tractors | 4.5 months supply | > 1 month lower than the industry | ||||||
| Total tractors | 6.3 months supply | 1 month lower than the industry | ||||||
| Combines | 3.0 months supply | in line with the industry | ||||||
Dated: June 18, 2003
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Industry Trends
| U.S. Ag Flash
Reports |
May 2003 Flash Reports
U.S. Unit Retail Sales
(Report released June 11, 2003)
| April 2003 | ||||||||||||||||||||||||||||
| May | May | 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 | 16,190 | 13,574 | 19.3 | 49,511 | 41,306 | 19.9 | 57,422 | |||||||||||||||||||||
| 40 & Under 100 HP | 6,212 | 5,947 | 4.5 | 22,461 | 21,746 | 3.3 | 25,987 | |||||||||||||||||||||
| 100 HP & Over | 1,188 | 1,221 | -2.7 | 6,400 | 6,900 | -7.2 | 5,515 | |||||||||||||||||||||
| Total - 2 Wheel Drive | 23,590 | 20,742 | 13.7 | 78,372 | 69,952 | 12.0 | 88,924 | |||||||||||||||||||||
| Total - 4 Wheel Drive | 219 | 252 | -13.1 | 1,295 | 1,411 | -8.2 | 924 | |||||||||||||||||||||
| Total — Farm Wheel | 23,809 | 20,994 | 13.4 | 79,667 | 71,363 | 11.6 | 89,848 | |||||||||||||||||||||
| Tractors | ||||||||||||||||||||||||||||
| Combines | 244 | 376 | -35.1 | 1,369 | 1,641 | -16.6 | 1,123 | |||||||||||||||||||||
| (Self-Propelled) | ||||||||||||||||||||||||||||
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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 2003 — 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 |
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Industry Trends
| Canadian Ag Flash Reports |
Unit Retail Sales
(Report released 6/11/2003)
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.
| May | May YTD | April | |||||||||||||||||||||||||||||||
| 2003 | 2002 | ||||||||||||||||||||||||||||||||
| Canadian | Canadian | ||||||||||||||||||||||||||||||||
| (Field) | (Field) | ||||||||||||||||||||||||||||||||
| Equipment | 2003 | 2002 | % Chg. | 2003 | 2002 | % Chg. | Inventory | Inventory | |||||||||||||||||||||||||
| Farm Wheel Tractors - 2 Wheel Drive |
|||||||||||||||||||||||||||||||||
| Under 40 HP | 820 | 697 | 17.6 | 1,997 | 1,852 | 7.8 | 4,025 | 3,363 | |||||||||||||||||||||||||
| 40 & Under 100 HP | 819 | 693 | 18.2 | 2,483 | 2,735 | -9.2 | 3,557 | 3,213 | |||||||||||||||||||||||||
| 100 HP & Over | 477 | 476 | 0.2 | 1,834 | 1,707 | 7.4 | 1,662 | 1,552 | |||||||||||||||||||||||||
| Total - 2 Wheel Drive | 2,116 | 1,866 | 13.4 | 6,314 | 6,294 | 0.3 | 9,244 | 8,128 | |||||||||||||||||||||||||
| Total - 4 Wheel Drive | 122 | 100 | 22.0 | 418 | 332 | 25.9 | 276 | 191 | |||||||||||||||||||||||||
| Total Farm Wheel Tractors |
2,238 | 1,966 | 13.8 | 6,732 | 6,626 | 1.6 | 9,520 | 8,319 | |||||||||||||||||||||||||
| Combines (Self-Propelled) |
33 | 43 | -23.3 | 242 | 235 | 3.0 | 357 | 369 | |||||||||||||||||||||||||
| Chicago
Office 10 S. Riverside Plaza Suite 1220 Chicago, IL 60606-3710 Phone: 312-321-1470 Fax: 312-321-1480 |
© AEM 2003 — 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 |
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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/ Darlene M. Roback | ||
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Darlene M. Roback Assistant Secretary |
June 19, 2003