Caterpillar's April sales are expected to pick up the global market
In 2014, the development of engineering machinery enterprises in the world is still in chaos. In April, Caterpillar Inc, the world's largest construction and mining machinery manufacturer, reported in that its global machinery sales fell by 13% in the year to, according to a report to the securities and exchange commission. Machinery sales in Latin America, the Asia Pacific region, Europe, Africa and the Middle East are poor.
And this is also true in china. In April, the domestic excavator market, sales also declined. It is not difficult to see that the global machinery engineering market continues to slump and the new mining machinery sales decline sharply, and the sales performance of many construction machinery enterprises is not as good as before, according to the recent 2013 global construction equipment manufacturers list. However, Caterpillar's sales in China have been doing well. In 2014, Caterpillar increased its investment in china. "We have high quality, high capacity equipment, as well as a unique dealer model." Caterpillar chairman and chief executive officer Glass Obochman said, "the formation of Caterpillar's core competitiveness, so as to be able to occupy a larger market share." Of course, what a month sales performance is not representative, unclear international market environment will also bring some fluctuations, but Caterpillar still believe that, regardless of the economic slowdown or not, the construction machinery industry prospects are bright, especially Chinese market, Caterpillar convinced.
For construction machinery industry, the ups and downs of performance occur from time to time, enterprises can not indulge in the temporary trough, but should climb up in the fall, count their own shortcomings and failure reasons, head forward, set sail!