4 Followers USX:PCAR - PACCAR Inc PACCAR Inc
Sector: Industrials, Industry: Construction Machinery & Heavy Trucks
Next Earnings: 23 Apr 2024
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USD 124.46    +1.45 (+1.18%)

27 Mar 2024


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General

CEO: Mr. R. Preston Feight

IPO: 1986-07-09

Headquarters: US

Employees: 31,100

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Description

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

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