Report of Foreign Private Issuer
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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 March, 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-      .)

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CNH LOGO

News Release

CNH Board of Directors Announces Annual Dividend

For more information contact:

Jeffrey T. Walsh Media Relations (1) 847 955 3939
Albert Trefts, Jr. Investor Relations (1) 847 955 3821

March 5, 2003 (Lake Forest, IL) The Board of Directors of CNH Global N.V. (NYSE:CNH) has recommended a dividend of $.05 per share for the year 2002. Prior to the declaration of the dividend, the company expects to complete its recapitalization plan and implement the 1-for-5 reverse split of CNH common stock announced separately today. On a post-split basis, the dividend will be $.25 per share.

Declaration of the dividend is subject to approval at the Annual Shareholders Meeting, which will be held on Thursday, May 8, 2003, at the company’s registered offices in Amsterdam, the Netherlands. If approved, the dividend will be payable on June 2, 2003 to shareholders of record at close of business on May 19, 2003.

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CNH is the number one manufacturer of agricultural tractors and combines in the world, the third largest maker of construction equipment, and has one of the industry’s largest equipment finance operations. Revenues in 2002 totaled $10 billion. Based in the United States, CNH’s network of dealers and distributors operates in over 160 countries. CNH agricultural products are sold under the Case IH, New Holland and Steyr brands. CNH construction equipment is sold under the Case, FiatAllis, Fiat Kobelco, Kobelco, New Holland, and O&K brands.

- CNH Global N.V. Global Management Office 100 South Saunders Rd, Lake Forest, IL 60045 U.S.A. http://www.cnh.com -

 


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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
   
     Darlene M. Roback
Assistant Secretary

March 7, 2003