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PACCAR

@paccar.com

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.

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About

Description

PACCAR is a leading American multinational company that designs, manufactures, and distributes high-quality commercial vehicles and parts, primarily in North America, Europe, and Australia. The company is headquartered in Bellevue, Washington, United States. PACCAR was founded in 1905 as the Seattle Car Manufacturing Company, which later became known as PACCAR.


Initially, the company focused on manufacturing railway and logging equipment. In 1924, PACCAR entered the truck industry and began producing heavy-duty trucks, quickly establishing a reputation for innovation and durability. PACCAR's headquarters is located in Bellevue, Washington, a suburb of Seattle.


The facility houses executive offices, research and development departments, and other essential functions of the company. The modern headquarters reflect PACCAR's commitment to sustainable practices, featuring energy-efficient systems and materials. PACCAR offers a wide range of products and services.


Its main brands include Peterbilt, Kenworth, and DAF. These brands produce a variety of commercial vehicles, including heavy-duty trucks, medium-duty trucks, and customized specialty vehicles. PACCAR also provides financial services through its subsidiary, PACCAR Financial, which offers retail financing, leasing, and insurance solutions to PACCAR customers.


On a global scale, PACCAR has a significant presence with manufacturing facilities in several countries, including the United States, Mexico, Canada, the Netherlands, and Australia. The company also has a vast network of dealerships and service centers worldwide, ensuring comprehensive customer support. In terms of market position, PACCAR is one of the world's largest manufacturers of heavy-duty trucks.


Its brands are known for their superior quality, innovative designs, and strong resale value. PACCAR is recognized as a market leader, particularly in the North American heavy-duty truck market. The company continuously invests in research and development to stay ahead of competitors and meet ever-changing customer needs.


PACCAR has achieved several significant milestones and received numerous awards throughout its history. For example, in 2018, PACCAR ranked first among manufacturers in the heavy-duty truck segment for global market share. Additionally, PACCAR has been consistently recognized for its environmental efforts and commitment to sustainability.


As of the latest updates, PACCAR continues to innovate and adapt to the evolving industry landscape. The company focuses on developing advanced technologies, such as autonomous driving and electric powertrains, to offer more sustainable and efficient transportation solutions. Overall, PACCAR's rich history, extensive product range, global operations, and market leadership position make it a key player in the commercial vehicle industry.


The company's commitment to quality, innovation, and sustainability ensures its continued success in the years to come

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Company Type

Public Company

Company Size

10,001+

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