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CNH Industrial announces management changes for new On-Highway business

London, July 5, 2021

Ahead of the previously announced spin-off of its On-Highway business and the designation of Gerrit Marx as the Chief Executive Officer, CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces the first Newco senior leadership team appointments for Operations and Powertrain.

Effective October 1, 2021, Annalisa Stupenengo will assume global responsibility for Operations, directly overseeing all activities related to manufacturing, quality, logistics and purchasing of the new On-Highway business. Stupenengo has extensive international experience gained through roles of increasing responsibility within CNH Industrial and Fiat Chrysler Automobiles (now Stellantis). She currently serves as President Powertrain, overseeing all Powertrain business activities and the FPT Industrial brand within CNH Industrial.

“On behalf of the Board of Directors of CNH Industrial, I wish to thank Annalisa for her time as a member of the Senior Leadership team and for five years of successfully leading our global powertrain operations, achieving exceptional results and milestones. We wish her the best in this new role and are eager to follow her next accomplishments,” said Suzanne Heywood, Chair of CNH Industrial.

“I am delighted that Annalisa has accepted a new challenge within the On-Highway organization. Her strong leadership and in-depth knowledge of our businesses will prove fundamental in managing our core industrial operations. I look forward to working closely with her as we embark on this new journey, post-spin from CNH Industrial,” commented Gerrit Marx, designated Chief Executive Officer of the new On-Highway business.

“I will always remember my time at the helm of the Powertrain business. I especially want to thank the team that I had the privilege to lead, for their passion and commitment under my guidance to drive FPT Industrial’s global business and pioneering role in innovative technologies. Now, I am excited about the opportunity to contribute to creating a brilliant future for the new On-Highway business and am eager to step up to a higher challenge in this new role,” added Annalisa Stupenengo.

Sylvain Blaise will assume responsibility for the Powertrain Business Unit within the Newco. Blaise has some 20 years’ experience within the Group having worked in varied businesses, including Agriculture, across different geographies in Europe and North America. He was appointed IVECO BUS Brand President in 2014 and Head of the entire Bus Business Unit in 2019, successfully re-positioning the Brand and driving the disruptive industry transformation that is underway.

“The passion and drive that Sylvain put into the increasing success of the Bus Business Unit will serve us well in the new role, ensuring that FPT Industrial will continue to successfully overcome the future challenges in the powertrain space,” added Gerrit Marx.

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

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Poll Finds Startling Difference in Vaccinations Among US Republicans and Democrats

A Washington Post-ABC News poll has found a startling difference between Democrats and Republicans as it relates to COVID-19 vaccination. The poll found that while 86% of Democrats have received at least one COVID-19 vaccine shot, only 45% of Republicans have.

In addition, the survey found that while only 6% of Democrats said they would probably decline the vaccine, 47% of Republicans said they would probably not be inoculated.

The poll also found that 60% of unvaccinated Americans believe the U.S. is exaggerating the dangers of the COVID-19 delta variant, while 18% of the unvaccinated say the government is accurately describing the variant’s risks.

However, 64% of vaccinated Americans believe the government is accurately describing the dangers of the delta variant.

Iran fighting COVID 5th wave

The variant is having a global impact. Iran’s President Hassan Rouhani has warned that the country is on the brink of a “fifth wave” of a COVID-19 outbreak. The delta variant of the virus, first identified in India, is largely responsible for the rising number of hospitalizations and deaths in Iran, officials say.

All non-essential businesses have been ordered closed in 275 cities, including Tehran, the capital. Travel has also been restricted between cities that are experiencing high infection rates.

Reports say only about 5% of Iranians have been vaccinated.

India may be undercounting COVID cases

On Monday, India’s health ministry reported 39,796 new COVID cases in the previous 24-hour period. Just a few weeks ago India was reporting a daily tally of a least 50,000 new cases. Public health officials have warned, however, that the country is likely undercounting its COVID cases.

Johns Hopkins Coronavirus Resource Center reported early Monday that there are 183.8 million global COVID cases. The U.S. has the most with 33.7 million, followed by India with 30.6 million and Brazil with 18.8 million. Johns Hopkins said more than 3 billion vaccines have been administered.

Source: Voice of America

Biden Will Continue COVID Vaccination Appeal

WASHINGTON – After his administration fell short of its Independence Day vaccination goal, U.S. President Joe Biden on Tuesday will again appeal to uninoculated Americans to get the shots to protect themselves and others against the coronavirus, especially the latest worrying variant.

Biden is scheduled to make remarks at the White House on the COVID-19 response and the vaccination program as concern increases about the delta variant of the virus spreading across the country.

The Biden administration aimed to have 70% of American adults at least partially vaccinated against COVID-19 by July 4. The U.S. Centers for Disease Control and Protection said Friday that 67% have received one dose of a COVID vaccine; 47% have received two doses.

The president declared a partial victory during Independence Day festivities Sunday evening at the White House, where he and first lady Jill Biden personally greeted many of the 1,000 invited first responders, essential workers and military service members.

“We’re back traveling again. We’re back seeing one another again. Businesses are opening and hiring again,” Biden told the attendees during a 15-minute speech in which he declared near independence from the pandemic. “Today, all across this nation we can say with confidence: America is coming back together.”

The president cautioned, however, the battle against the virus – which has killed more than 600,000 Americans, is not yet over.

“Don’t get me wrong — COVID-19 has not been vanquished,” said Biden. “We all know powerful variants have emerged. But the best defense against these variants is to get vaccinated.

Getting the shot, the president said, is the “most patriotic” thing that can be done.

There is a stark regional contrast in vaccination rates. In the Northeast, more than half of adults are fully vaccinated.

In contrast, Southern states are performing poorly. In Alabama, Arkansas, Louisiana and Mississippi, 35% or less of adults have received full doses, according to the Centers for Disease Control and Prevention.

There is also a political divide.

Only 45% of Republicans have received their first dose, according to a?Washington Post-ABC News poll.??

Those who hesitate to get vaccinated, for whatever reason, need to reassess their thinking, according to Dr. Anthony Fauci, the president’s chief medical advisor and director of the National Institute of Allergy and Infectious Diseases.

“We’re dealing with a historic situation with this pandemic and we do have the tools to counter it,” said Fauci on Sunday during an appearance on NBC’s ‘Meet the Press.’ “So for goodness sake, put aside all of those differences and realize the common enemy is this virus and we do have the tool, a highly effective tool, against this virus.”

Fauci said 99% of recent coronavirus deaths in the United States involved unvaccinated people.

Amid the spread of the delta variant of the virus, believed to be more infectious, the federal government is preparing to send surge response teams to Southern and Western states seeing outbreaks.

“The federal government stands ready with a whole-of-government effort to work with local officials to increase vaccinations, to provide increased testing and also therapeutics to ensure that people don’t get sick who have contracted the disease,” said White House COVID-19 response coordinator Jeffrey Zients on the CBS program “Face the Nation” on Sunday.

Source: Voice of America