Latest in Paccar

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Peterbilt to make new PACCAR Connect technology standard in 2027

Peterbilt is preparing to make its new PACCAR Connect system standard equipment on heavy-duty trucks beginning in 2027, bringing vehicle diagnostics, driver resources and fleet management tools together in a single 13-inch touchscreen display. According to Peterbilt, PACCAR Connect is designed…

stockstotrade.com
423 words

PACCAR Rises 3% After JPMorgan Cuts Target

PACCAR rose 3% after hours as JPMorgan lowered its price target and kept its Overweight rating. PACCAR Inc. (NASDAQ: PCAR) rose 3% to $106.38 in after-hours trading after investment bank JPMorgan cut its price target. It lowered that estimate to $132 from $142. The unchanged…

rttnews.com
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Paccar Inc. Q3 Income Climbs

Paccar Inc. (PCAR) announced a profit for its third quarter that Increased, from last year The company's bottom line came in at $847.5 million, or $1.61 per share. This compares with $590.0 million, or $1.12 per share, last year. The company's revenue for the…

insurance-edge.net
269 words

Copart Opens New Centre in Stafford

The latest expansion news from Copart; Global leader in online vehicle remarketing and recycling, Copart UK, has announced the opening of a new Operation Centre in Stafford, further strengthening its operational network as part of its ongoing investment in capacity,…

About Paccar

Paccar may be the most successful company most drivers have never heard of. It began in 1905 as a Seattle maker of railroad and logging cars, later known as Pacific Car and Foundry, and moved into trucks when it bought Kenworth in the 1940s. Peterbilt followed in the 1950s, and the Dutch truck maker DAF joined in the 1990s, giving the company a premium presence on both sides of the Atlantic.

Paccar's reputation rests on discipline. It sells upmarket trucks at healthy margins, has long avoided the boom-and-bust losses that hobbled rivals and is famous for a decades-long unbroken record of annual profits. Its own MX diesel engines, developed from DAF designs, have steadily displaced outside engine suppliers in Kenworth and Peterbilt trucks, and its parts and financial-services businesses provide a steady cushion when truck orders slump. In a business known for brutal cycles, that consistency is rare.

Today the company is spending on the next era: battery-electric and hydrogen versions of its trucks, a battery joint venture with other industry players, connected-truck services such as Paccar Connect for Kenworth and Peterbilt, and autonomous-driving partnerships. It competes head-on with Daimler Truck, the Volvo Group and Traton. This page gathers Paccar's quarterly results, leadership changes, product and technology announcements, plant investments and the market commentary that follows one of trucking's most closely watched stocks.

Paccar

The quiet giant behind Kenworth, Peterbilt and DAF, a Seattle-area company with a decades-long run of annual profits and its own MX engines.

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