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

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.
Comments (2)
  • Amir Houriani
    , contributor
    Comments (226) | Send Message
     
    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
  • VictorHAustin
    , contributor
    Comments (827) | Send Message
     
    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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