Caterpillar dealer machine retail sales to end users for all segments in North America were up 21 percent in October. Worldwide, Cat dealers saw an increase of 18 percent for the month.
The information is presented as a three-month rolling period compared with the same period of the prior year.
The North American construction industries segment posted an increase of 18 percent in October, the smallest increase since June. Retail sales for this segment peaked in August, when a 30 percent increase was reported.
According to Cat, the information reported is primarily based on unaudited reports that are voluntarily provided to Cat by its independent dealers. These dealers are not subject to Cat’s internal financial reporting processes.
Because of this, Cat cautions, “the information presented in this report is intended solely to convey an approximate indication of the trends, direction and magnitude of retail sales and is not intended to be an estimate, approximation or prediction of, or substitute for, Caterpillar’s audited financial statements.”