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Caterpillar (CAT) says due to changing economic conditions it will be CAT) says due to changing...

  • Friday, September 28, 2012, 6:30 PM ET
    Caterpillar (CAT) says due to changing economic conditions it will be raising prices on most of its machines by up to 3% in January, and will also introduce an emissions-related increase of 7% on other select models. The company, which has been struggling as of late with a slowdown in its China business, will release details by product to dealers soon, and the increases will vary across geographic regions and products.
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This news story has 2 comments:

  •  
    So, let's get this straight. Their response to countering the decreased demand is by raising prices?... What?
    28 Sep 2012, 09:16 PM Reply Like
  •  
    Is "changing economic conditions" a polite way to say Fed-induced inflation's green shoots?
    29 Sep 2012, 12:09 PM Reply Like
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