paccar News Updates

Special Coverage, Business

Paccar Adds Drive Axles, Single-Unit Aftertreatment

LAS VEGAS — Paccar Inc. announced here that it is diversifying its manufacturing activities, adding drive axles for linehaul trucks and a two-in-one aftertreatment system combining selective catalytic reduction and a diesel particulate filter in one canister.

October 1, 2016
Business

Paccar Reports Profitable Second Quarter, Losses Year-to-Date

Paccar Inc. reported net income rose by $34 million in the second quarter as revenues declined amid fewer new truck deliveries.

July 26, 2016
Business

Paccar Opens New Parts Distribution Center in Washington

Paccar Parts, a unit of Paccar Inc., said it opened a new 160,000 square-foot parts distribution center in Renton, Washington, that is almost three times the capacity of its predecessor built in 1973. It will service dealers in the Northwestern U.S. and Western Canada.

April 29, 2016
Business

Paccar Posts Loss Tied to European Price Probe

Paccar Inc. reported a $594.6 million, or $1.69, loss in the first quarter, tied to a charge for expected penalties relating to a European price-fixing investigation.

April 26, 2016
Business

Paccar Sets $945 Million First-Quarter Charge

Paccar Inc. has decided to set aside $945 million for costs related to a wide-ranging European truck price-fixing investigation.

March 25, 2016
Business

Paccar Reports Record Annual Revenue and Net Income

Paccar Inc., the parent company of U.S. truck makers Kenworth Truck Co. and Peterbilt Motors Co. and DAF Trucks in Europe, said it achieved record annual revenues of $19.12 billion and record net income of $1.60 billion, an 8.4% after-tax return on revenues, for 2015.

January 29, 2016
Business

Peterbilt Trucks to Offer Paccar Engine Previously Available Only in Europe

Peterbilt will soon offer Paccar’s MX-11 engine, which debuted in Europe in 2013 and was only made available earlier this month in the United States.

November 3, 2015
Business

Paccar Introduces MX-11 Engine to North American Market

Paccar introduced its MX-11 engine to the North American market after installing more than 10,000 in Europe since 2013.

October 6, 2015
Business

Kenan Buys 100,000th MX-13 Engine Made by Paccar

Petroleum and chemical tank carrier Kenan Advantage Group purchased the 100,000th MX-13 engine made by Paccar Inc., the manufacturer said Aug. 21.

August 27, 2015
Business

Paccar Reports Record Earnings in 2Q

Paccar Inc. reported a record profit in the second quarter as truck sales continued to rise in North America and Europe.

July 28, 2015