Paccar

Car Leasing Market 2020-2024 | Rising Technological Obsolescence of Older Cars to Boost Growth | Technavio

Wednesday, July 1, 2020 - 3:00am

Our car leasing market report covers the following areas:

Key Points: 
  • Our car leasing market report covers the following areas:
    This study identifies the emergence of car leasing as an effective means of personal transportation for businesses as one of the prime reasons driving the car leasing market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the car leasing market, including some of the vendors such as ALD SA, Arval Service Lease, Athlon Car Lease International BV, Avis Budget Group Inc., Deutsche Leasing AG, Enterprise Holdings Inc., Europcar Mobility Group SA, Hertz Global Holdings Inc., LeasePlan Corporation NV, and Sixt SE.
  • Backed with competitive intelligence and benchmarking, our research reports on the car leasing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Boyd Corporation Wins PACCAR’s 10 PPM Quality Award

Tuesday, June 16, 2020 - 1:00pm

Boyd Corporation , a global leader in engineered materials, thermal management and environmental sealing solutions, announced it received the 10 PPM (parts per million) Quality Award from PACCAR through its South Carolina operation.

Key Points: 
  • Boyd Corporation , a global leader in engineered materials, thermal management and environmental sealing solutions, announced it received the 10 PPM (parts per million) Quality Award from PACCAR through its South Carolina operation.
  • We are incredibly proud that our South Carolina site earned PACCARs 10 PPM Quality Award and honored to be able to support PACCAR in building high quality trucks, said Boyd President and CEO Doug Britt.
  • We say that Boyd Corporation puts quality first and recognition like this confirms it, Britt said.
  • Boyd Corporation is a global provider of engineered materials, thermal management, and environmental sealing solutions critical to products that keep the world running.

Women In Trucking Association Announces Continued Gold Level Partnership with PACCAR

Friday, May 15, 2020 - 1:00pm

PLOVER, Wis., May 15, 2020 /PRNewswire-PRWeb/ --The Women In Trucking Association (WIT) announced today that PACCAR has renewed its Gold Level Partnership, helping the nonprofit organization empower more women to develop careers in transportation, celebrate their successes and address the challenges they face.

Key Points: 
  • PLOVER, Wis., May 15, 2020 /PRNewswire-PRWeb/ --The Women In Trucking Association (WIT) announced today that PACCAR has renewed its Gold Level Partnership, helping the nonprofit organization empower more women to develop careers in transportation, celebrate their successes and address the challenges they face.
  • Michele Rodgers, Director of Business & Product Development for Dynacraft, a PACCAR Company, serves on the WIT board of directors.
  • "PACCAR is proud to support Women In Trucking, an organization with diversity-focused initiatives that parallel our own," said Rodgers.
  • About Women In Trucking Association, Inc.
    Women In Trucking, Inc. is a nonprofit association established to encourage the employment of women in the trucking industry, promote their accomplishments and minimize obstacles faced by women working in the trucking industry.

DGAP-News: SAF-HOLLAND awarded once again with the PACCAR 10 PPM Quality Award

Thursday, May 7, 2020 - 3:07pm

The SAF-HOLLAND Group, one of the world's leading suppliers of fifth wheels, has once again been awarded with the 10 PPM Quality Award of the US truck manufacturer PACCAR Inc. - Kenworth, Peterbilt and DAF - for its locations in Singen, Germany, and Woodstock, Canada, for 2019.

Key Points: 
  • The SAF-HOLLAND Group, one of the world's leading suppliers of fifth wheels, has once again been awarded with the 10 PPM Quality Award of the US truck manufacturer PACCAR Inc. - Kenworth, Peterbilt and DAF - for its locations in Singen, Germany, and Woodstock, Canada, for 2019.
  • Only a few select suppliers who attain a defective parts ratio of 10 or less per million are granted this quality award.
  • "I am particularly pleased that we are the sole European manufacturer of fifth wheels to win this award," says Alexander Geis, CEO of the SAF-HOLLAND Group.
  • In addition to achieving 10 ppm quality status, suppliers must meet demanding criteria for delivery performance, warranty support and continuous improvement.

Leyland Trucks Earns the Queen’s Award for Enterprise in International Trade

Tuesday, April 28, 2020 - 6:55pm

Leyland Trucks, a PACCAR company (Nasdaq:PCAR), located in Preston Lancashire, earned the prestigious Queens Award for Enterprise in International Trade 2020 for increasing exports by almost 50% over the last three years.

Key Points: 
  • Leyland Trucks, a PACCAR company (Nasdaq:PCAR), located in Preston Lancashire, earned the prestigious Queens Award for Enterprise in International Trade 2020 for increasing exports by almost 50% over the last three years.
  • Leyland Trucks manufactures DAF trucks and employs more than 1,000 people at its one million sq.
  • Leyland Trucks produces the award winning DAF XF, CF and LF models for the UK, Europe, North and South America and Asia markets.
  • Leyland is delighted to earn this prestigious award for substantially increasing its overseas revenues, said Brennan Gourdie, Leyland Trucks managing director.

Dana Recognized by PACCAR for Second Consecutive Year as Top Performing Supplier for Product Development, Operations Support, and Business Alignment

Thursday, April 23, 2020 - 12:00pm

23, 2020 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been recognized by PACCAR as a 2019 Supplier Performance Management Achiever in North America, marking the second consecutive year as a recipient of the distinguished award.

Key Points: 
  • 23, 2020 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been recognized by PACCAR as a 2019 Supplier Performance Management Achiever in North America, marking the second consecutive year as a recipient of the distinguished award.
  • Suppliers are evaluated on cross-functional key performance indicators in the areas of product development, operations support, and business alignment with PACCAR's objectives.
  • "We are honored to again be recognized by PACCAR, a long-standing partner, as a top performing supplier," said Ryan Laskey, senior vice president of Commercial Vehicle Drive and Motion Systems for Dana.
  • "Receiving this award for the second consecutive year underscores our commitment to continuous improvement initiatives and the development of innovative product solutions."

PACCAR Achieves Good Quarterly Revenues and Profits

Tuesday, April 21, 2020 - 1:30pm

PACCAR (Nasdaq: PCAR) reported good revenues and net income for the first quarter of 2020, said Preston Feight, chief executive officer.

Key Points: 
  • PACCAR (Nasdaq: PCAR) reported good revenues and net income for the first quarter of 2020, said Preston Feight, chief executive officer.
  • PACCAR Parts revenues of $998.6 million and pretax profits of $214.7 million.
  • PACCAR Financial Services revenues of $383.7 million and pretax profits of $48.3 million.
  • PACCAR Parts achieved first quarter revenues of $998.6 million, compared to the $1.0 billion reported in the same period last year.

PACCAR Declares Regular Quarterly Cash Dividend

Monday, April 20, 2020 - 5:10pm

PACCAR Incs (Nasdaq: PCAR) Board of Directors declared a regular quarterly cash dividend of thirty-two cents ($.32) per share, payable on June 2, 2020, to stockholders of record at the close of business on May 12, 2020.

Key Points: 
  • PACCAR Incs (Nasdaq: PCAR) Board of Directors declared a regular quarterly cash dividend of thirty-two cents ($.32) per share, payable on June 2, 2020, to stockholders of record at the close of business on May 12, 2020.
  • 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 shares are listed on the NASDAQ Global Select market, symbol PCAR.

PACCAR Extends Factory Closures to April 20, 2020

Wednesday, April 1, 2020 - 9:45pm

The Company will extend the suspension of truck and engine production at its factories worldwide until April 20, 2020.

Key Points: 
  • The Company will extend the suspension of truck and engine production at its factories worldwide until April 20, 2020.
  • PACCAR will continue to provide aftermarket support to its customers who deliver medical supplies, food and essential infrastructure services to our communities.
  • The Company will provide a business update and first quarter results during the earnings call scheduled for April 21, 2020.
  • PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.

PACCAR Announces Change of Format for 2020 Annual Meeting of Stockholders

Tuesday, March 24, 2020 - 8:55pm

PACCAR Inc (Nasdaq: PCAR) announced today that in response to current public health guidance for COVID-19, it will hold its 2020 Annual Meeting of Stockholders in a virtual meeting format only, via live webcast.

Key Points: 
  • PACCAR Inc (Nasdaq: PCAR) announced today that in response to current public health guidance for COVID-19, it will hold its 2020 Annual Meeting of Stockholders in a virtual meeting format only, via live webcast.
  • The Company is mailing to stockholders a Notice of Change of Format for 2020 Annual Meeting containing a 16-digit control number that will enable access to the meeting at www.virtualshareholdermeeting.com/PCAR2020 .
  • Stockholders have the same rights and opportunities to participate as they would at an in-person meeting.
  • The Company urges stockholders to vote and submit proxies in advance of the Annual Meeting by one of the methods described in the proxy materials for the Annual Meeting.