Paccar, Toyota Plan to Produce Hydrogen Fuel Cell Trucks
ANAHEIM, Calif. — Truck manufacturer Paccar Inc. and global automaker Toyota Motor Corp. are moving forward with a partnership to produce fuel cell electric Class 8 trucks.
Paccar Q1 Earnings Soar as Truck, Parts Margins Jump
Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.
July Class 8 Orders Take Expected Downturn
North American Class 8 orders in July, not unexpectedly, crawled to 11,400, the lowest point of the year. ACT Research reported the figure, citing truck makers’ data that was preliminary but largely complete.
Paccar Reports Surge in Q1 Net Income
Truck maker Paccar Inc. reported a surge in net income and improved revenue in the first quarter as its parts business achieved record revenue and pretax profits amid strong demand and booming e-commerce sales.
Paccar Q4 Net Income Slips, but Annual Profit, Revenue Hit Records
While revenue and profits dipped in the fourth quarter, Paccar Inc. extended its streak of annual profitability to 81 consecutive years in 2019 as it posted records for net income and revenue.
Paccar Achieves Revenue Records in 2Q
Paccar Inc. reported record quarterly revenue and higher net income in the second quarter amid strong global truck demand and record production.
Paccar Hits Record 2Q Revenue; Profits Surge
Truck maker Paccar Inc. in the second quarter rode strong performances from all sectors of its business to record quarterly revenue and a surge in net income.
Paccar Reports Record Revenue in 4Q, Full Year
Truck maker Paccar Inc. reported record sales and improved net income for the 2017 fourth quarter and full year, benefiting from peak North American market share and strong aftermarket parts sales.
Truck Makers Point to Improving Market in 3Q
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.
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.