paccar News Updates

Business

Paccar Boosts Dividend

Paccar Inc. is raising its dividend 9%, or 2 cents per share, to 24 cents, reflecting its recent improvement in earnings.

July 13, 2015
Business

Paccar’s 1Q Earnings Rise 38%

Paccar Inc. reported first-quarter income rose 38% from a year go on higher truck sales, and the company predicted higher industrywide U.S. and Canadian heavy-duty truck sales for this year.

April 21, 2015
Business

Paccar Recalling Some Kenworth, Peterbilt Trucks Due to Brake Issue

Paccar Inc. is recalling about 100 Kenworth and Peterbilt 2015 year truck models due to potential issues with brakes, the National Highway Traffic Safety Administration said.

February 10, 2015
Business

Paccar’s 2Q Income Rises 9%

Paccar Inc., which makes Kenworth and Peterbilt trucks, reported second-quarter earnings rose 9% on higher truck sales.

July 29, 2014
Business

Paccar’s 1Q Profit Improves as Truck Sales Rise

Original equipment manufacturer Paccar Inc. reported its first-quarter earnings rose on higher truck sales.

April 29, 2014
Special Coverage, Business

Kenworth, Peterbilt Showcase Model Improvements, Predict Higher Sales

LOUISVILLE, Ky. — The two North American truck makers of Paccar Inc. showed off their improvements in fuel efficiency and driver information technology, and predicted improving Class 8 sales this year.

March 27, 2014
Business

Paccar Recalling 21,000 Kenworth, Peterbilt Trucks

Paccar Inc. said it is recalling more than 21,000 trucks for potential defects to seat belts and door latches, according to a notice posted Feb. 7 on the National Highway Traffic Safety Administration’s website.

February 10, 2014
Business

Paccar Increases Profit in 4Q

Paccar Inc. said its profit grew 31.8% in the fourth quarter as European truck demand increased and business improved in its parts and financial services units.

January 31, 2014
Business

Armstrong to Succeed Pigott as Paccar Inc. CEO in April

Paccar Inc. announced that Ronald Armstrong will become CEO in April, succeeding Mark Pigott, who has led the global truck manufacturer for 17 years.

December 23, 2013
Business

Paccar to Name Armstrong CEO; Pigott Remains Chairman

Truck and engine maker Paccar Inc. announced that company President Ronald Armstrong will succeed Mark Pigott as CEO on April 27.

December 16, 2013