PACCAR Inc.: What Are The Market Share Growth Across Different Segments?

10.7% share in the first quarter compared to 8.6% in the same period last year. DAF trucks are highly desired by customers in South America and the region is an important part of PACCAR’s growth and success. In the third quarter of last year, PACCAR announced a commercial vehicle battery joint venture. And construction of the 21- gigawatt hour factory located in Mississippi is expected to begin this quarter. PACCAR anticipates investing $600 million to $900 million over the next several years in this factory to create cost-efficient commercial vehicle batteries. PACCAR’s industry-leading trucks, expanding Parts business, best-in[1]class financial services and advanced technology strategy position the company well for an excellent futu