Caterpillar sales slide in February

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Caterpillar’s marine engine sales continued to decline in February, according to documents filed with the U.S. Securities and Exchange Commission.

Sales were down 23 percent in February, compared to February 2009, the company reported. Sales were down 18 percent and 29 percent respectively in January and December when compared to the same months in the previous year, the report shows.

Caterpillar reported declines in engine sales in all segments.


2 comments on “Caterpillar sales slide in February

  1. Michael Bryant

    This further points out the fact that there is still excess capacity with boat dealers around the country. There is evidence that sales are up but these stats proof that manufacturers are not building as many boats until the existing excess inventory is sold. This is further more impacted by depressed values on used boats as well. Until those values rise its hard to move the boat buying public back towards looking for a new boat.

  2. Komrade Karl

    I though Obummer went to Peoria to the Cat plant to push the Stimulus bill  & said if stimulus passed that Cat would be on the front line of all the shovel ready jobs & be rehiring soon… So why is Cat reporting sales are down when Biden says that the stimulus worked & continues to produce jobs??? Are the streets of Peoria not paved with gold?

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