Truck maker Paccar Inc. in the second quarter rode strong performances from all sectors of its business to record quarterly revenue and a surge in net income.
July 24, 2018Business
Paccar Reports Record Revenue in 4Q, Full Year
Truck maker Paccar Inc. reported record sales and improved net income for the 2017 fourth quarter and full year, benefiting from peak North American market share and strong aftermarket parts sales.
January 30, 2018BusinessEquipment
Truck Makers Point to Improving Market in 3Q
Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.
November 1, 2017BusinessTechnologyEquipmentFuel
Paccar Team of Kenworth, DAF Funded for SuperTruck II Research
The Kenworth Truck Co. and European DAF Trucks brands of Paccar Inc. have been selected as the fifth team to participate in the Department of Energy’s SuperTruck II research program, the government agency announced Aug. 30.
September 6, 2017BusinessFuel
Paccar Introduces Automated Transmissions
MOUNT VERNON, Wash. — Paccar has introduced a line of proprietary automated transmissions that the company says completes its integrated powertrain offerings.
August 22, 2017Equipment
Kenworth Adds Options for Vocational Trucks Amid Rising Market
Kenworth Truck Co. says a new axle, compressed natural gas engine and air intake will be available by the end of July.
July 25, 2017Business
Paccar’s Net Income Down in Second Quarter Despite Revenue Surge
Second-quarter net income declined for truck maker Paccar Inc., even though revenue increased for the Bellevue, Wash.-based parent of Kenworth Trucks and Peterbilt Motors.
July 25, 2017BusinessEquipment
Class 8 Orders Surge 40% in June, Eclipse 18,000
Class 8 orders cleared 18,000 in June, a 40% year-over-year gain, according to ACT Research Co.
July 10, 2017Business
Paccar to Launch Proprietary Axle for Construction and Vocational Segments
Paccar Inc. announced that it will introduce a new proprietary front axle for its Kenworth Truck Co. and Peterbilt Motors Co. brands in the third quarter, adding that the axle is designed for construction and vocational applications that support infrastructure investments.
May 22, 2017Business
Paccar to Open Manufacturing Plant in Texas
Seattle-based truck manufacturer Paccar Inc. has reached a preliminary agreement to build a 130,000-square-foot manufacturing facility in McKinney, Texas, the city's economic development agency said.
May 19, 2017