Official Site: caterpillar.com
Wikipedia: Caterpillar Inc.
The following section is an excerpt from Wikipedia's Caterpillar Inc. page on 13 September 2016, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Caterpillar began selling a line of on-road trucks in 2011, the Cat CT660, a Class 8 vocational truck. As of March 2016, Caterpillar has ceased production of on-highway vocational trucks stating that “Remaining a viable competitor in this market would require significant additional investment to develop and launch a complete portfolio of trucks, and upon an updated review, we determined there was not a sufficient market opportunity to justify the investment,” said Ramin Younessi, vice president with responsibility for Caterpillar’s Industrial Power Systems Division. “We have not yet started truck production in Victoria, and this decision allows us to exit this business before the transition occurs.”
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