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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, 2004.

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.

Form 6-K for the month of March, 2004

List of Exhibits:

1.   Registrant’s Summary North American Retail Unit Sales Activity For Selected Agricultural and Construction Equipment, During the Month of February and Cumulative for 2 Months, 2004, And Indicators of North American Dealer Inventory Levels for Selected Agricultural Equipment at the End of January 2004 Relative to Industry Results or Levels, Compared with Prior Year Periods.

 


 

(CNH LOGO)

CNH Global N.V.

Summary North American Retail Unit Sales Activity
For Selected Agricultural and Construction Equipment,
During the Month of February and Cumulative for 2 Months, 2004,
And Indicators of North American Dealer Inventory Levels for Selected Agricultural
Equipment at the End of January 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 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.

 


 

         
Page 2
  CNH Global N.V.   February N.A. Activity
             

SUMMARY OF NORTH AMERICAN RETAIL ACTIVITY

    Total North American   CNH RELATIVE PERFORMANCE
CATEGORY
  INDUSTRY
  (All Brands)
RETAIL UNIT SALES:
           
MONTH OF FEB. 2004
           

 
Agricultural Tractors:
           
under 40 horsepower (2WD)
    27.1 %   up high single digits

 
40 to 100 horsepower (2WD)
    16.7 %   up moderate double digits, moderately more than the industry

 
over 100 horsepower (2WD)
    (2.7 )%   down high single digits

 
4 wheel drive tractors
    24.6 %   up high double digits, significantly more than the industry

 
Sub total tractors over 40 hp
    11.4 %   up low double digits, moderately more than the industry

 
Total Ag tractors
    19.5 %   up low double digits, slightly less than the industry

 
Combines
    (30.7 )%   down high double digits, moderately more than the industry

 
Loader/backhoes
    up significantly   up low double digits, moderately less than the industry

 
Skid Steer Loaders
    up moderately   equal to the industry

 
Total Heavy
   Construction Equipment
    up significantly   up moderate double digits, moderately less than the industry

 
RETAIL UNIT SALES:
           
2 MONTH, 2004
           

 
Agricultural Tractors:
           
under 40 horsepower (2WD)
    21.2 %   down low single digits

 
40 to 100 horsepower (2WD)
    22.8 %   up moderate double digits, in line with the industry

 
over 100 horsepower (2WD)
    30.3 %   down low double digits

 
4 wheel drive tractors
    22.1 %   up high double digits, significantly more than the industry

 
Sub total tractors over 40 hp
    24.8 %   up low double digits, moderately less than the industry

 
Total Ag tractors
    23.0 %   up mid single digits

 
Combines
    6.5 %   down low double digits

 
Loader/backhoes
    up significantly   up high single digits

 
Skid Steer Loaders
    up moderately   up low double digits, slightly less than the industry

 
Total Heavy
   Construction Equipment
    up significantly   up high single digits

 
DEALER INVENTORIES:
           
END OF January 2004
           

 
Agricultural Tractors:
           
under 40 horsepower (2WD)
  4.9 months supply   1/2 month less than the industry

 
40 to 100 horsepower (2WD)
  4.7 months supply   in line with the industry

 
over 100 horsepower (2WD)
  4.7 months supply   in line with the industry

 
4 wheel drive tractors
  3.2 months supply   1 month less than the industry

 
Total tractors
  4.8 months supply   1/2 month less than the industry

 
Combines
  2.9 months supply   1 month more than the industry

Dated: March 15, 2004

 


 

Industry Trends

U.S. Ag Flash Reports


February 2004 Flash Report
U.S. Unit Retail Sales

(Report released 3/11/2004)


                                                         
                                                    Jan. 2004
                            Y-T-D   Y-T-D           U.S. Field
Equipment   Feb. 2004   Feb. 2003   % Chg.   2004   2003   % Chg.   Inventory

 
Farm Wheel Tractors
2 Wheel Drive
                                                       
Under 40 HP
    5,783       4,567       26.6       10,551       8,675       21.6       51,737  
40 & Under 100 HP
    3,224       2,739       17.7       7,033       5,600       25.6       24,339  
100 HP & Over
    1,117       1,070       4.4       2,915       1,975       47.6       5,789  
Total - 2 Wheel Drive
    10,124       8,376       20.9       20,499       16,250       26.1       81,865  
Total - 4 Wheel Drive
    175       144       21.5       399       330       20.9       772  
Total Farm Wheel Tractors
    10,299       8,520       20.9       20,898       16,580       26.0       82,637  
Combines
(Self-Propelled)
    130       206       -36.9       383       382       .3       1,071  

 


 

(U.S. Unit Retail Sales Line Graph)

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 Deb Carson at 414-298-4146.

To U.S. Ag Flash Report Archive >>

     
© AEM 2004 — Association of Equipment Manufacturers
Toll Free: 866-AEM-0442
Click here to read our Legal and Privacy Information
Contact Us
  Headquarters 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


February 2004 Flash Report Canada Unit Retail Sales
(Report released 3/11/2004)

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.

                                                                 
    February
  February YTD
  January
                                                    2004   2003
                                                    Canadian   Canadian
                    %                   %   (Field)   (Field)
Equipment
  2004
  2003
  Chg.
  2004
  2003
  Chg.
  Inventory
  Inventory
Farm Wheel
Tractors -
2 Wheel Drive
                                                               
Under 40 HP
    246       176       39.8       454       402       12.9       2,540       3,042  
40 & Under 100 HP
    276       260       6.2       587       605       -3.0       2,417       2,777  
100 HP & Over
    137       219       -37.4       269       469       -42.6       1,510       1,496  
Total - 2 Wheel Drive
    659       655       .6       1,310       1,476       -11.2       6,467       7,315  
Total - 4 Wheel Drive
    43       31       38.7       77       60       28.3       181       208  
Total Farm Wheel
Tractors
    702       686       2.3       1,387       1,536       -9.7       6,648       7,523  
Combines
(Self-Propelled)
    28       22       27.3       78       51       52.9       352       275  

Go To Canadian Ag Flash Reports Archive >>

     
© AEM 2004 — Association of Equipment Manufacturers
  Headquarters Office
Toll Free: 866-AEM-0442   111 E. Wisconsin Ave. Suite 1000
Click here to read our Legal and Privacy Information   Milwaukee, WI 53202-4806
Contact Us   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/ Richard R. Dykhouse    
    Richard R. Dykhouse   
March 16, 2004    Assistant Secretary