Paccar Delivers 54% Jump in Q4 Profit, Record Revenues
Truck maker Paccar saw profits jump 54% year-over-year in the fourth quarter of 2023 on the back of record revenues and a double-digit jump in U.S. and Canadian truck deliveries.
Cummins, Daimler, Paccar Pick Site for Battery Plant Venture
Accelera by Cummins, Daimler Trucks & Buses US Holding and Paccar Inc. on Jan. 18 selected Marshall County, Miss., as the manufacturing site for their planned battery cell joint venture.
Battery Plant Location Decision Nears for Paccar, Partners
LAS VEGAS — Paccar, Daimler and Cummins are nearing a decision on the location of a factory to produce lithium-iron phosphate batteries.
Paccar Records 60% Rise in Q3 Net Income
Paccar Inc. posted a 60% jump in third-quarter earnings as parts margins rose and truck sales increased, easily surpassing analyst expectations.
Daimler, Cummins and Paccar Partner on EV Battery Plant
Daimler Truck Holding, Accelera by Cummins and Paccar are investing billions in a joint venture to advance battery cell production in the U.S.
Paccar Sales, Parts Unit Push Quarterly Profit to Record
Paccar posted record quarterly income in the three months that ended June 30, beating estimates as profits across some of the company’s divisions reported healthy year-over-year gains.
Paccar Reports Strong Q4 Revenue, Income
Paccar Inc. beat market expectations for fourth-quarter earnings Jan. 24, aided by strong demand for its trucks from customers looking to replace older, outdated vehicles.
Paccar Plans Platform Science Integration
Paccar said Jan. 19 it is collaborating with Platform Science to integrate its virtual vehicle platform into its trucks.
January 24, 2023Paccar 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, 2022Paccar 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