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Paccar Inc - $PCAR STOCK NEWS

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

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.

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.
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Rhea-AI Sentiment
End-of-Day
4.26%
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Rhea-AI Summary
PACCAR Inc declares quarterly cash dividend of $.27 per share.
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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.
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Rhea-AI Sentiment
End-of-Day
1.66%
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Rhea-AI Summary
Accelera by Cummins, Daimler Truck, and PACCAR partner to localize battery cell production in the US
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End-of-Day
1.66%
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Rhea-AI Summary
PACCAR Achieves Record Revenues and Net Income in Q2 2023, Increases Quarterly Dividend by 8%
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-2.69%
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1.8%
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dividends
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Rhea-AI Sentiment
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-3.16%
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Rhea-AI Sentiment
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-2.27%
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1.4%
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Rhea-AI Sentiment
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-0.19%
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Paccar Inc

Nasdaq:PCAR

PCAR Rankings

PCAR Stock Data

57.09B
513.64M
1.86%
68.31%
1.51%
Heavy Duty Truck Manufacturing
Manufacturing
Link
United States of America
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