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Paccar reports record revenues of USD35.13bn in 2023

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By Bradley Osborne - 2nd April 2024

USA – Paccar Inc, the parent of several truck brands based in Bellevue, Washington, announced record sales revenue of USD35.13bn in 2023, a 22% improvement on its performance in the year before (USD28.82bn).

The group also achieved a record net income of USD4.6bn in 2023, a considerable increase of 53% compared to the year prior (USD3.01bn) and including an after-tax charge related to civil litigation in Europe (amounting to USD446.4m). The revenues provided a return of 13.1%.

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