PACCAR Inc (PCAR.BA)
PACCAR Inc
777 - 106th Avenue N.E.
Bellevue, WA 98004
United States
425 468 7400
https://www.paccar.com
Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full-time employees: 32,400
Description
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
Corporate governance
PACCAR Inc’s ISS governance QualityScore as of 1 June 2024 is 5. The pillar scores are Audit: 1; Board: 9; Shareholder rights: 5; Compensation: 4.
