STOCK TITAN
  1. Home
  2. News
  3. PCAR

Paccar Inc. - PCAR STOCK NEWS

Welcome to our dedicated news page for Paccar (Ticker: PCAR), a resource for investors and traders seeking the latest updates and insights on Paccar.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paccar's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paccar's position in the market.

News
PACCAR Recognizes Top Performing Suppliers in North America
Rhea-AI Summary
PACCAR recognizes top suppliers in its Supplier Performance Management Program (SPM) for 2023, driving collaboration and innovation. Rago and Son, Inc. named SPM Master, with Cummins, Inc., GRA-MAG Truck Interiors, LLC, and others as Leaders. PACCAR emphasizes supplier commitment for mutual success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
-
News
PACCAR Achieves Record Annual Revenues and Net Income
Rhea-AI Summary
PACCAR reported record annual revenues and net income in 2023, achieving quarterly revenues of $9.08 billion in the fourth quarter of 2023, compared to $8.13 billion in the same period in 2022. The company earned $1.42 billion ($2.70 per diluted share) in the fourth quarter of 2023, 54% higher than the $921.3 million ($1.76 per diluted share) earned in the fourth quarter of 2022. PACCAR achieved record revenues of $35.13 billion in 2023, compared to revenues of $28.82 billion in 2022. The company earned $4.60 billion ($8.76 per diluted share) in 2023, including a $446.4 million after-tax, non-recurring charge related to civil litigation in Europe, compared to $3.01 billion ($5.75 per diluted share) earned in 2022. Excluding the non-recurring charge, the company earned adjusted net income (non-GAAP)1 of $5.05 billion ($9.61 per diluted share) in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.04%
Tags
none
-
News
Accelera by Cummins, Daimler Truck and PACCAR Select Mississippi for Battery Cell Production in the United States
Rhea-AI Summary
Accelera by Cummins, Daimler Trucks & Buses US Holding LLC, and PACCAR have selected Marshall County, Mississippi, as the future site of advanced battery cell manufacturing for their planned joint venture. The 21-gigawatt hour (GWh) factory is expected to begin producing battery cells in 2027, creating more than 2,000 U.S. manufacturing jobs. The venture will focus on lithium-iron-phosphate (LFP) battery technology for commercial battery-electric trucks, with EVE Energy as the technology partner. The partners aim to deliver cost-effective and differentiated battery cell technology to support the adoption of electric vehicles for medium- and heavy-duty commercial transportation. The transaction is subject to customary closing conditions and receipt of applicable merger control and regulatory approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
none
News
Accelera by Cummins, Daimler Truck and PACCAR select Mississippi for battery cell production in the United States
Rhea-AI Summary
Cummins Inc., Daimler Trucks & Buses US Holding LLC, and PACCAR have chosen Marshall County, Mississippi, as the future site for advanced battery cell manufacturing for their joint venture. The 21-gigawatt hour (GWh) factory is expected to create over 2,000 U.S. manufacturing jobs and will focus on lithium-iron-phosphate (LFP) battery technology for commercial battery-electric trucks, with production set to begin in 2027. EVE Energy will serve as the technology partner in the joint venture with 10% ownership. The joint venture aims to deliver cost-effective battery cell technology to support the adoption of electric vehicles for medium- and heavy-duty commercial transportation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
none
-
News
PACCAR Highlights Heavy-Duty Innovation at CES 2024 with the Truck Industry’s Most Advanced Technologies
Rhea-AI Summary
PACCAR (PCAR) to Showcase Next-Generation Commercial Vehicles at CES 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
Tags
none
-
News
PACCAR Announces Extra Cash Dividend
Rhea-AI Summary
PACCAR Inc (PCAR) declares an extra cash dividend of $3.20 per share, payable on January 4, 2024, to stockholders of record at the close of business on December 15, 2023. The company has generated excellent shareholder returns due to its industry-leading premium quality vehicles, strong growth in aftermarket parts and financial services, and innovative use of technology. PACCAR is a global technology leader in the design, manufacture, and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. The company also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
dividends
News
PACCAR Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
PACCAR Inc (PCAR) declares a regular quarterly cash dividend of twenty-seven cents per share, payable on March 6, 2024, to stockholders of record at the close of business on February 15, 2024. PACCAR is a global technology leader in the design, manufacture, and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business. PACCAR shares are listed on the NASDAQ Stock Market, symbol PCAR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
dividends
-
News
PACCAR Achieves Record Quarterly Earnings
Rhea-AI Summary
PACCAR achieves record net income in Q3 2023, with excellent margins and parts profits. Net income of $1.23 billion, 60% higher YoY. Revenues of $8.70 billion, up 23% YoY. Quarterly dividend declared. Positive outlook for global truck markets. PACCAR Parts achieves strong revenues and pretax profits. PACCAR Financial Services achieves strong results. PACCAR forms battery joint venture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
Tags
earnings
-
News
PACCAR Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
PACCAR Inc declares quarterly cash dividend of $.27 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
News
Accelera by Cummins, Daimler Truck and PACCAR form a joint venture to advance battery cell production in the United States
Rhea-AI Summary
Accelera by Cummins, Daimler Truck, and PACCAR partner to accelerate and localize battery cell production in the US, with a planned joint venture and an investment of $2-3 billion for a 21 GWh factory. The joint venture will focus on lithium-iron-phosphate (LFP) battery technology for commercial electric trucks, offering advantages such as lower cost, longer life, and enhanced safety. EVE Energy will contribute its battery cell design and manufacturing expertise. The partnership aims to meet growing demand for battery technology and create value for commercial vehicle customers in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
Stock PCAR logo
Paccar Inc.

Nasdaq:PCAR

PCAR Rankings

#210 Ranked by Market Cap
#679 Ranked by Stock Gains
#1830 Ranked by Dividends

PCAR Stock Data

61.92B
513.64M
1.86%
68.31%
1.51%
Heavy Duty Truck Manufacturing
Manufacturing
Link
US
Bellevue

About PCAR

paccar is a global technology leader in the design, manufacture and customer support of premium light-, medium- and heavy-duty trucks under the kenworth, peterbilt and daf nameplates. paccar also designs and manufactures advanced diesel engines, provides financial services, information technology, and distributes truck parts related to its principal business. kenworth truck company builds premium commercial vehicles for sale in the u.s., canada, mexico and australia and for export throughout the world. peterbilt motors also designs, manufactures and distributes premium commercial vehicles in the us and canada. daf trucks manufactures trucks in the netherlands, belgium, brasil and the united kingdom for sale throughout western and eastern europe, and export to asia, africa, north and south america. paccar parts operates a network of parts distribution centers offering aftermarket support to kenworth, peterbilt and daf dealers and customers around the world. aftermarket support includes