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PACCAR Business Update

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There is currently a semiconductor shortage that is affecting some industries including the automotive sector. The semiconductor shortage has reduced PACCAR’s truck deliveries in the first quarter of 2021 by approximately 3,000 vehicles. PACCAR’s first quarter 2021 truck deliveries are estimated to be approximately 42,000 vehicles, compared to 40,800 vehicles delivered in the fourth quarter of 2020.

PACCAR anticipates that the semiconductor shortage will continue in the second quarter. North American and European truck industry orders continue to be very strong. PACCAR’s forecast for 2021 truck industry retail sales remains unchanged.

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 Inc

NASDAQ:PCAR

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Heavy Duty Truck Manufacturing
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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