Paccar News Updates

Business, Equipment

Paccar Declares Extra Cash Dividend

Paccar Inc. announced it declared an extra cash dividend of $2.80 per share, payable on Jan. 5, 2023, to stockholders of record at the close of business on Dec. 16.

December 7, 2022
Business, Technology, Equipment, Safety

Paccar Recalls 76,490 Vehicles

Paccar Inc. announced a recall of 76,490 Peterbilt Motors Co. and Kenworth Truck Co. models citing the 15-inch digital display may freeze and not display critical safety information.

October 24, 2022
Business, Equipment

Paccar Increases Regular Dividend

Paccar Inc. announced an increase of 9% in its regular quarterly cash dividend to 37 cents from 34 cents per share.

September 14, 2022
Business, Equipment

Paccar Reports in Q2 All-Time Quarterly Net Income, Revenue

Paccar Inc. reported record net income and revenue for the second quarter as all segments of its business showed strength.

July 27, 2022
Business, Technology, Equipment

Paccar Predicts Truck Market Stronger for Longer

Truck maker Paccar Inc. sees the traditional peak-to-peak cycle in the U.S. truck market smoothing amid the industry鈥檚 already strong orders backlog that has fleets still waiting to gain slots for 2023 to replace aging trucks that they have to run longer than usual.

June 2, 2022
Business, Equipment

Paccar Reports Higher Profit, Revenue for Q1

Paccar Inc. posted increases in net income and total revenue in the first quarter, the truck maker said in its report released April 26.

April 26, 2022
Government, Business, Technology

Stakeholders Urge Congress to Pass CHIPS Act

The chief executives of some of the largest U.S. chip manufacturing companies urged Congress to pass legislation that includes $52 billion in incentives for their industry, calling it 鈥渆ssential鈥 to maintaining competitiveness with China and other countries.

March 23, 2022
Business, Technology, Equipment

Paccar Boosts Q4 Net Income, Revenue

Paccar Inc. reported fourth-quarter net income rose 26% and revenue increased by about $1 billion compared with a year earlier.

January 25, 2022
Business, Technology, Equipment, Autonomous

Paccar, Aurora Showcase Autonomous Truck at CES 2022

LAS VEGAS 鈥 Paccar Inc. and self-driving technology company Aurora showcased one of their autonomous trucks during CES 2022 on Jan. 6.

January 7, 2022
Business, Equipment

Paccar Sees Net Income Soften, Revenue Rise in Q3

Paccar Inc. reported mixed results with lower net income and higher revenue in the third quarter as undelivered new trucks stacked up but its parts segment notched record revenue.

October 26, 2021