Summary
This Form 8-K/A filing by Caterpillar Inc. (CAT) is an amendment to a previous filing and serves to correct a typographical error. The core information provided remains supplemental dealer statistics for the 3-month rolling period ending June 2009 for its Machinery and Engines segments. Investors should note that these are unaudited statistics based on dealer reports, with a time delay between Caterpillar's sales to dealers and dealer deliveries to end users. The data illustrates a continued significant downturn in retail sales across most marketing regions for machinery and across most business sectors for engines, reflecting challenging economic conditions. The only segment showing positive growth was Marine engines, which increased by 15% for the period.
Key Highlights
- 1Amendment No. 1 to Form 8-K filed to correct a typographical error in the original filing.
- 2Supplemental, unaudited dealer statistics for June 2009 and the preceding two months are provided for Machinery and Engines lines of business.
- 3Machinery retail sales show significant year-over-year declines across all marketing regions, with North America experiencing the sharpest drop (down 59% in June).
- 4Engine retail sales also show substantial declines in most sectors, including Truck & Bus (down 75%) and Industrial (down 43%), with Electric Power also declining (down 33%).
- 5The Marine engines sector was the sole positive performer, showing a 15% increase in retail sales for the 3-month period.
- 6The data reflects a considerable contraction in demand for Caterpillar's products, mirroring broader economic slowdowns.
- 7Caterpillar emphasizes that this information is based on dealer reports and is not subject to internal financial controls.