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 May 2010
Commission File No. 333-05752
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 if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(7): ¨
(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.
Form 6-K for the month of May 2010
List of Exhibits:
| 1. | Registrant’s Summary North American Retail Unit Sales Activity For Selected Agricultural Equipment During the Month of April and Cumulative for 4 Months of 2010, Compared with Prior Year Periods, and Indicators of North American Dealer Inventory Levels for Selected Agricultural Equipment at the End of March 2010 Relative to Industry Results or Levels. |
| 2. | Registrant’s Estimated North American Retail Unit Sales Activity For Selected Construction Equipment During the Month of April and Cumulative for 4 Months of 2010, Relative to Industry Results or Levels, Compared with Prior Year Periods. |
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/ Richard Tobin | |
| Richard Tobin | ||
| Chief Financial Officer | ||
May 14, 2010
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Agricultural and Construction Equipment |
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Summary North American Retail Unit Sales Activity
For Selected Agricultural Equipment
During the Month of April and Cumulative for 4 Months 2010, Compared with Prior Year
Periods, and Indicators of North American Dealer Inventory Levels for Selected Agricultural
Equipment at the End of March 2010
Relative to Industry Results or Levels
The following table summarizes selected agricultural 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 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 monthly Agricultural Flash reports from AEM and CFIEI follow the table.
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Agricultural and Construction Equipment |
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SUMMARY OF NORTH AMERICAN RETAIL ACTIVITY
| CATEGORY |
Total North |
CNH RELATIVE PERFORMANCE (All Brands) | ||
| RETAIL UNIT SALES: | April 2010 | |||
| Month to Date | ||||
| Agricultural Tractors: | ||||
| under 40 horsepower (2WD) | 13.4% | Down moderate double digits, significantly worse than the industry | ||
| 40 to 100 horsepower (2WD) | (6.0)% | Down mid single digits, in line with the Industry | ||
| over 100 horsepower (2WD) | 6.0% | Up moderate double digits, significantly more than the industry | ||
| 4 wheel drive tractors | 40.3% | Up low double digits, significantly less than the industry | ||
| Subtotal tractors over 40 hp | 0.7% | Up high single digits, moderately more than the industry | ||
| Total Ag tractors | 7.4% | Down mid single digits, moderately worse than the industry | ||
| Combines | 20.8% | Up high double digits, significantly more than the industry | ||
| Year to Date | ||||
| Agricultural Tractors: | ||||
| under 40 horsepower (2WD) | 8.0% | Down moderate double digits, significantly worse than the industry | ||
| 40 to 100 horsepower (2WD) | (9.9)% | Down moderate double digits, significantly more than the industry | ||
| over 100 horsepower (2WD) | 11.3% | Up mid single digits, moderately less than the industry | ||
| 4 wheel drive tractors | 30.0% | Up low double digits, significantly less than the industry | ||
| Subtotal tractors over 40 hp | (0.3)% | Down low double digits, moderately more than the industry | ||
| Total Ag tractors | 3.6% | Down low double digits, significantly worse than the industry | ||
| Combines | 5.7% | Up moderate double digits, significantly more than the industry | ||
| AG DEALER INVENTORIES: | March 2010 | |||
| End of the month | ||||
| Agricultural Tractors: | ||||
| under 40 horsepower (2WD) | 7.2 months supply | 1/2 months less than the industry | ||
| 40 to 100 horsepower (2WD) | 6.2 months supply | 1 month less than the industry | ||
| over 100 horsepower (2WD) | 3.7 months supply | 1/2 months less than the industry | ||
| 4 wheel drive tractors | 2.3 months supply | 1/2 months less than the industry | ||
| Total tractors | 6.2 months supply | > 1 month less than the industry | ||
| Combines | 1.4 months supply | In line with the industry | ||
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Agricultural and Construction Equipment |
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Estimated North American Retail Unit Sales Activity
For Selected Construction Equipment
During the Month of April and cumulative for 4 Months of 2010,
Relative to Industry Results or Levels, Compared with Prior Year Periods
The following table summarizes CNH’s estimates of selected construction equipment industry retail unit sales results in North America as compared with prior year periods. Estimated industry results for the current periods are expressed in terms of the percentage change from the prior year periods, by major product category.
These industry preliminary estimates are based on unit sales and are believed to include most, but not all, of the equipment sold in each of the categories. The estimates 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 also 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.
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.
ESTIMATED NORTH AMERICAN RETAIL ACTIVITY
| CATEGORY |
Total North American |
CNH RELATIVE PERFORMANCE (All Brands) | ||
| RETAIL UNIT SALES: | April 2010 | |||
| Month to Dote | ||||
| Loader/backhoes | Up low double digits | Down low double digits, significantly worse than the industry | ||
| Skid Steer Loaders | Up low double digits | Up moderate double digits, significantly more than the industry | ||
| Total Light Equipment* | Up low double digits | Up moderate double digits, moderately more than the industry | ||
| Total Heavy Equipment** | Up low single digits | Up moderate double digits, significantly more than the industry | ||
| Year to Date | ||||
| Loader/backhoes | Down mid single digits | Down low double digits, moderately more than the industry | ||
| Skid Steer Loaders | Up low single digits | Down mid single digits, moderately worse than the industry | ||
| Total Light Equipment* | Up low single digits | Down mid single digits, moderately worse than the industry | ||
| Total Heavy Equipment** | Down low double digits | Down low double digits, equal to the Industry | ||
| * | As of January 1, 2009 compact track loaders and rough terrain forklift have been included in light equipment, as industry volume estimates are available for both 2008 and 2009. |
| ** | As of January 1, 2009 crawler loaders have been excluded from heavy equipment, as units volumes are no longer significant. |
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