74 billion in the same period last year. 5 million after-tax charge related to civil litigation in Europe.
68 billion reported in the same period last year. 8 million earned in the first quarter of 2024.
Despite these challenges, PACCAR is making progress on substantially resolving the EU civil litigation and is investing in new truck models, advanced manufacturing, and technology-enabled aftermarket solutions to support customers' growth. The company's global truck markets are being affected by uncertain economic conditions and the impact of new tariffs, but its industry-leading trucks provide premium quality and low total cost of ownership.
PACCAR Parts provides aftermarket parts and transportation solutions that cater to the needs of customers in various regions, including North America, Europe, and South America. The company's expansion into new markets and growth across the continent will continue to drive its success.
Overall, PACCAR's financial performance is a testament to the company's commitment to innovation and customer satisfaction.
PACCAR's strong financial performance in the first quarter of 2025 is a positive indicator for the company's long-term growth prospects. The company's investments in new truck models, advanced manufacturing, and technology-enabled aftermarket solutions will be crucial in supporting customers' growth and staying ahead of the competition.
