Truck manufacturer Paccar knocks Q1 financials out of the park

The Peterbilt Model 579 drives across a bridge

Paccar Inc. posted record Q1 sales and earnings, increasing production despite stubborn supply chain disruptions. The company reaped benefits from a practically all-new lineup of medium- and heavy-duty trucks introduced over the last year.

“Paccar’s investments in vehicle, powertrain and technology initiatives are delivering increased profitability,” CEO Preston Feight said in a press release.

First-quarter 2022 sales increased to $6.47 billion compared to $5.85 billion in the first quarter of...

https://www.freightwaves.com/news/truck-manufacturer-paccar-knocks-q1-financials-out-of-the-park

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