Reply #60: Hey TalkingDog! This one's for you! CAT sees 'little' uptick in US truck market in '08 [View All]

[UpInArms]

http://www.reuters.com/article/bondsNews/idUSN2534576120080125

CHICAGO, Jan 25 (Reuters) - Caterpillar Inc. (CAT.N: Quote, Profile, Research), the construction and mining equipment maker that also makes diesel engines, said on Friday that it expects the U.S. on-highway truck market it serves to improve "little" in 2008.

But speaking on a conference call with analysts, Mike DeWalt, Caterpillar's head of investor relations, said the market wouldn't be "anything you'd consider normal" in 2008.

Caterpillar and other engine and truck makers experienced a sharp drop in demand for their products in 2007 because of tough new emission rules that took effect during the year that prompted customers to buy ahead of the implementation of the rule.

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