PacLease added 10 new locations in response to an increase in demand for rental and leasing services. The company now has 454 locations in the U.S. and Canada. read more

DEC 29, 2016 - 7:03 am

In Q3/16, PACCAR reported net income of $346.2 million and PACCAR Financial Services reported pre-tax income of $71.0 million, both drops from the same period a year ago. read more

OCT 26, 2016 - 7:06 am

PACCAR reported Q2/16 net income of $481.3 million was up from $447.2 million in Q2/15. The truck maker noted earnings were helped by a favorable $109.6 million adjustment to a charge for the EC investigation of European truck manufacturers. read more

JUL 27, 2016 - 6:55 am

Used Class 8 truck same dealer sales volumes swung upward in June, posting a double-digit month-over-month increase, following a sharp decline in May, according to the latest report from ACT Research. read more

JUL 27, 2016 - 5:41 am

ACT Research reported used Class 8 truck same dealer sales volumes ended their upward trend in April, while year-to-date volumes fell for the fourth consecutive month. read more

MAY 25, 2016 - 6:25 am

PACCAR reported a Q1/16 net loss of $594.6 million compared to net income of $378.4 million in Q1/15. The truck-maker noted a $942.6 million non-recurring charge for the European Commission Investigation. read more

APR 27, 2016 - 6:37 am

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According to a recent filing, PACCAR will book a $945 million charge as it prepares for a ruling on anticompetitive practices in the European Union. read more

MAR 25, 2016 - 6:40 am

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PACCAR reported record annual revenues of $19.2 billion and record net income of $1.60 billion in 2015. Additionally, PACCAR Financial was said to have achieved “excellent annual results.” read more

FEB 1, 2016 - 7:25 am

PACCAR reported Q3/15 earnings of $431.2 million was up 16% compared to the same period in 2014 and noted it was the second best quarter in the company’s 110-year history. read more

OCT 29, 2015 - 7:34 am

According to ACT Research, used Class 8 used truck metrics experienced a small boost in July compared to June, with average age and miles moving up 1%. read more

AUG 26, 2015 - 6:19 am

In its Q2/15 earnings report, PACCAR reported sizable growth in total earnings and net sales, including a 40% boost in net income. read more

JUL 29, 2015 - 7:08 am

PACCAR reported Q1/15 earnings were up 38% compared to last year on the strength of stronger industry truck sales in North America. The company noted Class 8 truck sales in 2015 are expected to be in a higher range compared to 2014. read more

APR 22, 2015 - 6:53 am

PACCAR reported record 2014 revenues of $19 billion, up from $17 billion in 2013. The truck maker also said its Financial Services business pretax income was a record $370.4 million. read more

FEB 2, 2015 - 7:12 am

According to a Zacks Investment Research report, PACCAR has strong market share in the U.S. and Canada, but faces intense competition and is experiencing declining sales in Europe, warranting a “Neutral” rating. read more

DEC 30, 2014 - 7:26 am