World's Largest Construction Machinery Manufacturer Announces Decline in Sales for March

Recently, Caterpillar, the world’s largest construction machinery manufacturer, issued a report that the company’s retail sales have dropped sharply for three consecutive months. Caterpillar’s ​​global sales of machinery fell by 48% in the five months, months, and seven months compared with the same period last year. Sales in the three months of 4, 5, and 6 fell by 47%, and fell by 43% in the three months of March, April and May.
The company said that its sales of companies around the world are low. Caterpillar North America’s retail sales fell by 59% in the months of May, June and July, falling in line with the three-month declines of 4, 5, and 6 months, and dropping by 57% in the third, fourth, and fifth months of the year. .
In addition to North American subsidiaries, Caterpillar’s ​​retail sales in other countries’ branches fell by 40% in May-July, 38% in April-June, and 35% in March-May.

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