Caterpillar sales slide in February

Posted on

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.

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Not a member yet? Click here to Register!

Already a member? Click here to Login!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

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?

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

What is the best outcome for the marine industry in the November mid-term elections?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password