Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.
November 1, 2017Business, Equipment
Truck Makers Point to Improving Market in 3Q
Business, Technology, Equipment, Fuel
Paccar Team of Kenworth, DAF Funded for SuperTruck II Research
The Kenworth Truck Co. and European DAF Trucks brands of Paccar Inc. have been selected as the fifth team to participate in the Department of Energy’s SuperTruck II research program, the government agency announced Aug. 30.
September 6, 2017Business, Fuel
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, 2017Equipment
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, 2017Business
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, 2017Business, Equipment
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, 2017Business
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, 2017Business
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, 2017Business
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, 2017Business
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