Paccar
Paccar Inc. (stylized as PACCAR) is an American company primarily focused on the design and manufacturing of large commercial trucks through its subsidiaries DAF, Kenworth and Peterbilt sold across markets worldwide. The company is headquartered in Bellevue, Washington, in the Seattle metropolitan area, and was founded in 1971 as the successor to the Pacific Car and Foundry Company, from which it draws its name. The company traces its predecessors to the Seattle Car Manufacturing Company formed in 1905. In addition to its principal business, the company also has a parts division, a financial services segment, and manufactures and markets industrial winches. The company's stock is a component of the Nasdaq-100 and S&P 500 stock market indices.
Company type
- Nasdaq: PCAR
- Nasdaq-100 component
- S&P 500 component
1905
Bellevue, Washington, United States
Worldwide
- Mark C. Pigott (chairman)
- Preston Feight (CEO)
US$33.32 billion (2023)
US$5.718 billion (2023)
US$4.601 billion (2023)
US$40.82 billion (2023)
US$15.88 billion (2023)
c. 32,400 (2023)
-
Transportation
Financial services
- Paccar Financial Corp.
- PacLease
- Winch
- Braden
- Carco
- Germatic
- Paccar Parts
- Paccar Parts Europe
- Paccar Parts South America
- Paccar Global Sales
- Paccar ITD
- Dynacraft
- Paccar Technical Center
- DAF Central Lab
- Paccar Engine Company
- Paccar Australia
- Kenworth Australia
- DAF Trucks Australia
- Paccar New Zealand
- Southpac Trucks
- ALL RIG Parts
- Paccar Mexicana
- Kenworth Mexicana
- Peterbilt Mexicana
- Paccar Canada
- Kenworth Canada
- Peterbilt Canada
- Paccar India
- Paccar China
- Paccar Brazil
- DAF Trucks Brazil
Criticism[edit]
In December 2011, the organization Public Campaign criticized PACCAR for spending $0.76 million on lobbying and not paying any taxes during 2008–2010, instead getting $112 million in tax rebates, despite making a profit of $465 million.[64]