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Tag: Cat construction equipment sales
Dealers
Cat sales drop 8% in 4Q 2019; company expects difficulties to continue in 2020
Caterpillar saw sales and revenues drop 8 percent during the fourth quarter of fiscal year 2019 on lower demand from customers than the company expected. Though lead times on new machines have improved, falling dealer inventories are hurting the company’s bottom line and are expected to continue doing so into 2020. Fourth quarter sales fell […]
February 3, 2020
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