No Trucks For Cat
Near the end of its engine press conference at the Mid-America Trucking Show, in Louisville, Jim Parker, vice president of Caterpillar’s Power Systems Marketing Division, attempted to lay to rest a subject that has been the focus of much speculation in recent months.
Without being asked by anyone in the assembled media, Parker flatly stated, “We will not make trucks. We’re not looking to buy a truck manufacturer. We have no strategic intent to be in the truck business other than to serve our OEM customers.”
Parker’s statement was the result, he said, of being questioned “about 12 times” on the subject since he had arrived in
Parker’s statement seemed to preclude either possibility – though it probably won’t stop the speculation.