Paccar reports record revenues of USD35.13bn in 2023


By Bradley Osborne - 2nd April 2024

USAPaccar 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%.

Become a subscriber to read article

Start free trial Already a subscriber? Click here to login.

Subscription Features

Unlimited Article Limits

Access to all articles published daily as well as Truck & Bus Builder archives.

Access Article Downloads

Tables, graphs and statistical information as well as government papers.

Premium Content

Including in depth market reports, feature articles and interviews with industry leaders.