Caterpillar Global Retail Machine Sales Up 24%, Led by Asia Pacific & NA

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Caterpillar reported a 24% increase in retail machine sales worldwide for the three-month rolling period ended in July 2018, which follows increases of 24% and 25%, respectively, for the same periods in June and May compared to the same periods in 2017.

The Asia/Pacific region provided the largest increase of 30% for the period, with increases of 27%, 16% and 13% attributable to North America, Latin America and EAME, respectively.

Resource industries (mining, quarry, waste and material handling equipment) were up 34% worldwide with major contributions coming from EAME (43%), North America (34%), Asia/Pacific (29%) and Latin America (18%).

Construction equipment industries were up 22% worldwide with the largest contribution coming from the Asia/Pacific region (30%) followed by North America (26%) – up from 21% and 17% for the 3-month rolling periods ended in June and May, respectively – Latin America (15%) and EAME (5%).

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