PACCAR Inc is a multinational corporation primarily engaged in the design, manufacturing, and distribution of high-quality commercial trucks across three main segments: Trucks, Parts, and Financial Services. The Truck segment accounts for the largest portion of its business, offering a variety of light, medium, and heavy-duty vehicles under well-known brands such as Kenworth, Peterbilt, and DAF. Additionally, PACCAR produces diesel engines and assembles trucks in multiple facilities worldwide, catering to a diverse customer base and benefiting from global distribution channels through numerous independent dealers.
Beyond truck manufacturing, PACCAR also operates a Parts segment that distributes aftermarket components to its dealer network, ensuring ongoing support for its vehicles. In the Financial Services segment, PACCAR provides financing and leasing solutions to customers, enhancing the overall value proposition of its products. This multifaceted approach not only supports sales through service offerings but also positions PACCAR well in the competitive landscape of the commercial vehicle industry.