Caterpillar, Volvo sales under pressure by China's push for self-sufficiency

Investor Alert video: Caterpillar, Volvo sales under pressure by China's push for self-sufficiency through delete America (delete-A) program 投資者警報：卡特彼勒和沃爾沃的銷售面臨中國推動自給自足的壓力透過刪除美國程式

https://www.iea.org/reports/global-critical-minerals-outlook-2024/market-review
https://investors.caterpillar.com/financials/retail-statistics/default.aspx
https://www.researchandmarkets.com/report/mining?srsltid=AfmBOopYHx26oNt_8iAg9BPzm8SehP_h9DbtQ9wWbnQEs4IcQP7hcCou
https://www.mordorintelligence.com/industry-reports/china-construction-equipment-market

The global market for heavy construction machinery and mining equipment will see strong growth through the next two decades. Over a billion people in Asia, Africa, and South America will move to cities, and huge new investments in mines are underway.

But under China's "Delete-America" plans, foreign suppliers of raw materials, energy, and technology will be replaced by China's domestic firms, wherever possible. China has dozens of high-quality manufacturers of heavy construction and mining equipment and tools, and a strong preference for those domestic suppliers is already evident in sales and earnings reports from Caterpillar and Volvo.

CAT and Volvo are already seeing double-digit percentage declines in their sales to the parts of the world that will see the largest demand growth.

未來二十年，全球重型工程機械和採礦設備市場將強勁成長。 亞洲、非洲和南美洲超過十億人將遷往城市，巨額的新礦投資正在進行中。

但根據中國的「刪除美國」計劃，只要有可能，外國原料、能源和技術供應商將被中國國內企業取代。 中國擁有數十家高品質的重型建築和採礦設備及工具製造商，卡特彼勒和沃爾沃的銷售和獲利報告已經明顯體現出對這些國內供應商的強烈偏好。

CAT 和沃爾沃在全球需求成長最快的地區的銷售量已經出現兩位數的百分比下降。