Paccar Inc. reported record revenue in the fourth quarter and, excluding one-time benefits, higher net income. Annual revenue and net income set records, too, as it delivered 189,100 vehicles worldwide in 2018.
January 29, 2019BusinessTechnologyFuelAutonomous
Paccar CEO Outlines Path Toward Zero-Emission Trucks, Automated Driving
SAN FRANCISCO — Paccar Inc. CEO Ron Armstrong said the trucking industry is moving toward ever-cleaner and more energy-efficient vehicles and will adopt increasingly advanced automated driving technology to assist drivers.
January 28, 2019Business
Paccar Posts Strong 3Q Results on Truck Deliveries, Aftermarket Sales
Paccar Inc. reported a 35% jump in net income plus higher revenue for the third quarter as truck deliveries and aftermarket sales drove the results.
October 23, 2018BusinessEquipment
Paccar Increases Quarterly Dividend
Paccar Inc. declared a 12% increase to the regular quarterly cash dividend.
May 8, 2018BusinessEquipment
Paccar Sets Record for Quarterly Revenue
Paccar Inc. notched record quarterly revenue and soaring net income in the first quarter, benefiting from a truck market that continues to climb.
April 24, 2018BusinessEquipment
Medium-Duty Segment Ends Year With Steady Growth
U.S. retail sales of medium-duty trucks climbed 5.4% in December, with only Class 6 volumes dipping from a year earlier, WardsAuto.com reported.
January 16, 2018Business
Paccar Elects Harrie Schippers President
Paccar Inc.’s board has elected Harrie Schippers president, effective Jan. 1. He will also retain his current post of chief financial officer.
December 14, 2017BusinessEquipment
Paccar Declares Extra Cash Dividend
Paccar Inc. declared an extra cash dividend of $1.20 per share, payable Jan. 4 to stockholders of record at the close of business Dec. 14.
December 6, 2017BusinessEquipment
Kenworth Makes 7-Axle Straight Truck for Ag Hauler
Kenworth Truck Co. manufactured a 7-axle straight truck for White Oak Mills, marking the first time the OEM had made such a vehicle starting with its T880S platform.
September 11, 2017BusinessEquipment
Paccar Parts Reaches Milestone With 100th TRP Store
The new store, opened by Kenworth of Louisiana, is located in Alexandria, La., and builds on a network of TRP stores that began in 2013 in Europe, the United Kingdom and in Mexico, according to the Renton, Wash.-based company.
September 5, 2017