In 2010 Caterpiller, a large American corporation, abandoned
the over-the-road engine market and signed a deal with Navistar to
pursue the off-road market.
The deal essentially removed Caterpillar from the highway-truck engine
market, which represented 6% of its total engine sales, said Eli
Lustgarten, analyst with Longbow Research.
It had been long rumored that the heavy-machinery manufacturer might sell
this business, Eli Lustgarten, analyst with Longbow Research, said. Keeping it would have also required
significant investment to comply with Environmental Protection Agency emission rules that go in affect in 2010.
So their decision was forced by EPA standards. Something to remember.
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