Caterpillar just released its latest 3-month rolling retail sales statistics and unfortunately for the machine maker, the company’s sales keep falling.
There was a decline in total machine retail sales worldwide, down 12% in May, 10% in June, and 9% in July when compared to the same period in 2013.
For Caterpillar however, the major problem seems to revolve around the company’s Asia/Pacific segment, with total machine sales down 30%, 30%, and 29% for the months of May, June, and July, respectively.
Caterpillar’s Retail Machine Sales:
Caterpillar
