PACCAR

World's Top 5 Medium & Heavy Truck Manufacturers Competitive Quantitative & Qualitative Benchmark Report 2024 - ResearchAndMarkets.com

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수요일, 5월 29, 2024
Trucking, Automotive Manufacturing, Transport, Manufacturing, Volvo, Truck, Daimler, Electrification, Growth, Medium, Comparative, Original equipment manufacturer, SWOT, PACCAR, Rail transport

The "World's Top 5 Medium & Heavy Truck Manufacturers: Daimler, Volvo, Traton, PACCAR, Iveco - Comparative SWOT & Strategy Focus, 2024-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "World's Top 5 Medium & Heavy Truck Manufacturers: Daimler, Volvo, Traton, PACCAR, Iveco - Comparative SWOT & Strategy Focus, 2024-2027" report has been added to ResearchAndMarkets.com's offering.
  • The report provides a Comparative SWOT and Strategy Focus Analysis on the World's Top 5 OEMs in the Global Trucking Industry with focus on a blend of quantitative & qualitative analysis.
  • The report provides a detailed, comparative analysis on the Truck manufacturers and their ability to navigate prevailing internal and external challenges as well as market turbulence by developing appropriate strategies & plans.
  • The medium & heavy truck registrations across emerging markets, especially China and India, contrastingly, are projected to register steady growth for 2024 aided by steady economic growth momentum across both these emerging, high growth markets.

TPI Composites Manufactures All-Composite Cab for the Next-Generation Kenworth SuperTruck 2

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수요일, 5월 22, 2024
ACT, Partnership, DAF, TPI, Composite, DOE, Pearson Yachts, Originality, Weight, Trophy, Original equipment manufacturer, Peterbilt, PACCAR, Rail transport

SCOTTSDALE, Ariz., May 22, 2024 (GLOBE NEWSWIRE) -- Today TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced its contributions on the Kenworth SuperTruck 2 that is being exhibited at the Advanced Clean Transportation (ACT) Expo in Las Vegas, Nevada.

Key Points: 
  • SCOTTSDALE, Ariz., May 22, 2024 (GLOBE NEWSWIRE) -- Today TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced its contributions on the Kenworth SuperTruck 2 that is being exhibited at the Advanced Clean Transportation (ACT) Expo in Las Vegas, Nevada.
  • The all-composite cab, engineered and manufactured by TPI, pushes the boundaries of weight reduction and aerodynamics.
  • The ultramodern style of the Kenworth all-composite cab is 20% lighter than a comparable traditional metallic cab typical of Class 8 vehicles while also providing significant improvements in aerodynamics.
  • “We are thrilled to partner with Kenworth on this state-of-the-art program,” said Todd Altman, Senior Director of Automotive at TPI Composites.

North America Top 4 Class 6-8 Truck Manufacturers Competitive Benchmark Report 2024-2027: Daimler, Volvo, PACCAR, and Navistar International - ResearchAndMarkets.com

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수요일, 5월 22, 2024
Trucking, Automotive Manufacturing, Transport, Manufacturing, Volvo, Truck, Daimler, Navistar, Electrification, Growth, Movement, Original equipment manufacturer, Comparative, SWOT, PACCAR

The "North America's Top 4 Class 6-8 Truck Manufacturers: Daimler, Volvo, PACCAR, Navistar - Comparative SWOT & Strategy Focus, 2024-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America's Top 4 Class 6-8 Truck Manufacturers: Daimler, Volvo, PACCAR, Navistar - Comparative SWOT & Strategy Focus, 2024-2027" report has been added to ResearchAndMarkets.com's offering.
  • The report provides a detailed, comparative analysis on the Truck manufacturers and their ability to navigate prevailing internal and external challenges as well as market turbulence by developing appropriate strategies & plans.
  • New truck registrations in North America continued to grow with 300,000 Class 8 trucks registered across North America for 2023 with replacement demand and infrastructure spending being key drivers.
  • However, the forecast for 2024 indicates a status-quo to a marginal decrease for Class 8 truck deliveries for 2024.

Toyota Establishes Hydrogen Headquarters to Accelerate Advancement of Fuel Cell Technology

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수요일, 5월 1, 2024
Hydrogen, TMNA, LPGA, National Renewable Energy Laboratory, FCD, Golden State, Toyota Motor Europe, Electricity, Research, Transport, TRD, Carbon, Fuel cell, PACCAR, CARB, Kenworth, PEM, Toyota Motor North America, Growth, Renewable energy

"Toyota has developed hydrogen fuel cell electric solutions for more than three decades, and we will continue to advance this scalable, zero-emission technology as part of our electrified portfolio," said Ted Ogawa, President and CEO, Toyota Motor North America.

Key Points: 
  • "Toyota has developed hydrogen fuel cell electric solutions for more than three decades, and we will continue to advance this scalable, zero-emission technology as part of our electrified portfolio," said Ted Ogawa, President and CEO, Toyota Motor North America.
  • "Renaming this facility as North American Hydrogen Headquarters represents our leadership in fuel cell development creating real-world products to help reduce carbon emissions."
  • Then, Toyota Motor Europe announced its own "Hydrogen Factory" with the aim to further grow Toyota's hydrogen business and stimulate wider roll-out of hydrogen ecosystems and infrastructure across Europe.
  • H2HQ will drive North American-led hydrogen initiatives and support the localization of global hydrogen-related technologies and products that include light-duty fuel cell applications, heavy-duty fuel cell opportunities, stationary fuel cell power generation, port vehicle applications and more.

Cummins Reports First Quarter 2024 Results

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목요일, 5월 2, 2024
Oil, Gas, Automotive Manufacturing, Alternative Energy, Energy, Manufacturing, Technology, Batteries, Trucking, Transport, Other Manufacturing, Machinery, Automotive, Other Energy, Vehicle Technology, Engineering, EPA, Cell, Investment, Depreciation, CMI, Kilowatt-hour, PACCAR, CARB, Tax, Commercial vehicle, Machine, Workforce, Inc., Series, Growth, Financial Times, Renewable energy

Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2024.

Key Points: 
  • Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2024.
  • Net income attributable to Cummins in the first quarter was $2.0 billion, or $14.03 per diluted share, compared to $790 million, or $5.55 per diluted share, in 2023.
  • EBITDA for the first quarter of 2024 and the first quarter of 2023 included the gain and costs noted above.
  • “We have raised our expectations on revenue and profitability for 2024 due to continued demand for Cummins’ products and services.

PACCAR Elects New Directors

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화요일, 4월 30, 2024
Automotive Manufacturing, Automotive, Technology, Manufacturing, Professional Services, Trucking, Transport, General Automotive, Software, Fleet Management, Finance, Core, PCAR, University, Economics, Peterbilt, Information technology, DAF, Cornell University, PACCAR, General Motors, LNG, Intel, University of California, Berkeley, Marketing, Applied Materials, MBA, UC, Management

Mr. Pierre Breber and Mr. Brice Hill have been elected to the PACCAR Inc Board of Directors, effective July 1, 2024, according to Mark Pigott, PACCAR executive chairman.

Key Points: 
  • Mr. Pierre Breber and Mr. Brice Hill have been elected to the PACCAR Inc Board of Directors, effective July 1, 2024, according to Mark Pigott, PACCAR executive chairman.
  • “PACCAR is very pleased that Pierre Breber and Brice Hill will be joining the Board.
  • 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 Increases Regular Quarterly Dividend

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화요일, 4월 30, 2024
Trucking, EV, Electric Vehicles, Automotive, Finance, General Automotive, Transport, Automotive Manufacturing, Professional Services, Manufacturing, Fleet Management, DAF, PCAR, PACCAR, Peterbilt, History, Information technology, Holding company

PACCAR Inc’s Board of Directors today approved an increase of 11% in the regular quarterly cash dividend from twenty-seven cents ($.27) per share to thirty cents ($.30) per share.

Key Points: 
  • PACCAR Inc’s Board of Directors today approved an increase of 11% in the regular quarterly cash dividend from twenty-seven cents ($.27) per share to thirty cents ($.30) per share.
  • The dividend will be payable on June 5, 2024, to stockholders of record at the close of business on May 15, 2024.
  • PACCAR has delivered annual dividends, including regular quarterly and extra cash dividends, totaling approximately 50% of net income for many years.
  • PACCAR Parts and PACCAR Financial Services are contributing significantly to the success of PACCAR and its customers.”
    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 Elects New Director

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화요일, 4월 30, 2024
Trucking, Automotive, Other Automotive, Automotive Manufacturing, General Automotive, Transport, Manufacturing, PCAR, Cargill, Peterbilt, Information technology, DAF, Luiz, Votorantim Cimentos, PACCAR, Metallurgy, Judgement

Mr. Luiz Pretti has been elected to the PACCAR Inc Board of Directors, effective September 1, 2024, according to Mark Pigott, PACCAR executive chairman.

Key Points: 
  • Mr. Luiz Pretti has been elected to the PACCAR Inc Board of Directors, effective September 1, 2024, according to Mark Pigott, PACCAR executive chairman.
  • “PACCAR is very pleased that Luiz Pretti will be joining the Board.
  • His years of management experience in international business, especially in South America, finance and manufacturing will benefit PACCAR in its global growth,” said Mark Pigott.
  • Frank has provided superb judgment and counsel as a director and was instrumental in enhancing PACCAR’s business in Brasil and South America.

Global Automotive Brake System Market Forecast to 2028: Stringent Safety Standards and Growing Popularity of Disc Brakes to Drive Market Growth - A USD 30.1 Billion Market by 2028 - ResearchAndMarkets.com

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수요일, 4월 10, 2024
EV, Electric Vehicles, Aftermarket, Automotive, USD, Agriculture, Investment, Safety, Volvo, Volvo VN, TCS, Market development, Transport, Component, Forecasting, Disc, Mercedes-Benz Group, PACCAR, TSC, Region, Geometric group theory, ATV, Developed country, ESC, Kenworth, Freightliner Cascadia, ABS, Friction loss, Running, EBD, GVWR, Growth, AEB, Hydraulic machinery

The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.

Key Points: 
  • The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.
  • Market Development: The report provides comprehensive information about lucrative emerging markets for the automotive brake system market across regions.
  • Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive brake system market.
  • Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the automotive brake system market.

Rush Truck Centers launches special sweepstakes for the chance to win the final Peterbilt Model 389 ever produced; proceeds to benefit Wounded Warrior Project

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화요일, 3월 26, 2024
Freedom, Organization, Truckers Against Trafficking, Veteran, Caregiver, Partnership, PACCAR, SAN, Mental health, History, Policy, Wreaths Across America, RUSHA, WWP

Rush Truck Centers secured the final Model 389 with a winning bid of $1.5 million in an auction hosted by Peterbilt and attended by its dealer body at the 2023 Peterbilt dealer meeting.

Key Points: 
  • Rush Truck Centers secured the final Model 389 with a winning bid of $1.5 million in an auction hosted by Peterbilt and attended by its dealer body at the 2023 Peterbilt dealer meeting.
  • Peterbilt and Rush Truck Centers will donate the full amount of the winning bid to two additional charitable organizations: Truckers Against Trafficking and Wreaths Across America.
  • Peterbilt will contribute the full retail price of the truck – $250,000 and Rush Truck Centers will contribute the remaining $1,250,000 evenly between the two organizations.
  • On December 22, 2023, we produced the last Model 389,” said Jason Skoog, Peterbilt general manager and PACCAR vice president.