Paccar News Updates

BusinessFuel

Paccar Introduces Automated Transmissions

MOUNT VERNON, Wash. — Paccar has introduced a line of proprietary automated transmissions that the company says completes its integrated powertrain offerings.

August 22, 2017
BusinessEquipment

Class 8 Sales Increase 8.7% in July

U.S. retail sales of Class 8 trucks rose in July, the first year-over-year gain since November 2015, amid reports carriers have begun expanding fleet size to meet rising demand now or to prepare for expected growth in 2018.

August 16, 2017
Equipment

Kenworth Adds Options for Vocational Trucks Amid Rising Market

Kenworth Truck Co. says a new axle, compressed natural gas engine and air intake will be available by the end of July.

July 25, 2017
Business

Paccar’s Net Income Down in Second Quarter Despite Revenue Surge

Second-quarter net income declined for truck maker Paccar Inc., even though revenue increased for the Bellevue, Wash.-based parent of Kenworth Trucks and Peterbilt Motors.

July 25, 2017
BusinessEquipment

Class 8 Orders Surge 40% in June, Eclipse 18,000

Class 8 orders cleared 18,000 in June, a 40% year-over-year gain, according to ACT Research Co.

July 10, 2017
Business

Paccar to Launch Proprietary Axle for Construction and Vocational Segments

Paccar Inc. announced that it will introduce a new proprietary front axle for its Kenworth Truck Co. and Peterbilt Motors Co. brands in the third quarter, adding that the axle is designed for construction and vocational applications that support infrastructure investments.

May 22, 2017
Business

Paccar to Open Manufacturing Plant in Texas

Seattle-based truck manufacturer Paccar Inc. has reached a preliminary agreement to build a 130,000-square-foot manufacturing facility in McKinney, Texas, the city's economic development agency said.

May 19, 2017
Business

Paccar Revenue Dips in 1Q, but Profits Return

First-quarter sales for Paccar Inc. dipped 1.9% year-over-year, but the company returned to profitability as it did not have a large, one-time charge as it did in early 2016.

April 25, 2017
Business

Paccar Remains Profitable But at Lower Levels

Revenue and net income declined at global truck manufacturer Paccar Inc. for the fourth quarter and the year, but the Bellevue, Washington-based corporation did remain profitable in both periods.

January 31, 2017
Business

Paccar Declares Extra Dividend

Paccar Inc. would pay an extra cash dividend of 60 cents per share on Jan. 6, 2017, to stockholders of record at the close of business on Dec. 16.

December 7, 2016

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