Caterpillar’s construction and mining sales fall amid tariffs and price pressure

Caterpillar has reported that sales for its Construction Industries division were US$6.190 billion in the second quarter of 2025, a decrease of 7%, compared with $6.683 billion in the second quarter of 2024.

Sales declined by 15% in North America and by 20% in Latin America but did increase in Europe, Middle East and Africa (EMEA) by 13% and in Asia Pacific by 6%.

Caterpillar said that sales in North America decreased “due to unfavorable price realization and lower sales volume” while…

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