PACCAR Related Content

PacLease Adds 10 New Locations to Meet Increasing Demand

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

PACCAR Q3/16 Net Income Down 19.7% Y/Y, PFS Down 23.6%

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

PACCAR Q2 Earnings Helped by Favorable EC Adjustment

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

ACT: June Used Class 8 Truck Volumes Up M/M, Down Y/Y and YTD

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

April Used Class 8 Truck Volumes Drop M/M, Y/Y and YTD

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

PACCAR Swings to Q1 Loss on European Investigation Charge

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

PACCAR to Record Q1 $945MM Charge in European Anticompetitive Probe

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

PACCAR Reports FY Earnings Record; Excellent PFS Portfolio Performance

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

PACCAR Q3 Earnings Second Highest in History

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

ACT: U.S. Class 8 Used Truck Volumes Steady in July

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

PACCAR Records 40% Earnings Spike in Q2

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

PACCAR Q1 Earnings up 38%; Provides Upbeat Forecast

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

PACCAR Reports Record Revenues, Financial Services Pretax

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

PACCAR Declining European Sales, Competition Warrant ‘Neutral’ Rating

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

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