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{{Short description|American commercial vehicles and heavy equipment manufacturing company}}
{{Promotional tone|date=April 2022}}
{{Infobox company
| name = Paccar Inc.
| logo = [[File:Paccar Inc logo.svg|250px]]
| image = Paccar Tower.jpg
| image_caption = The PACCAR Building, the company's headquarters in Bellevue, Washington, U.S.
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NASDAQ|PCAR}}|[[Nasdaq-100]] component|[[S&P 500]] component}}
| industry = {{ubl|[[Heavy equipment (construction)|Heavy equipment]]|[[Automotive]]|[[Engines]]|[[Powertrain]]|Truck components|[[Financial services]]|[[Information technology]]}}
| area_served = Worldwide
| key_people = {{ubl|[[Mark Pigott|Mark C. Pigott]] ([[chairman]])|Preston Feight ([[Chief executive officer|CEO]])}}
| products = {{Collapsible list
  |framestyle=border:none; padding:0;
  |title=<small>Products List</small>
  |1=[[Diesel engine|Paccar MX13 & MX11]]
  |2=[[Diesel engine|Paccar PR, GR & FR]]
  |3=[[Winch|Braden, Carco & Gearmatic]] 
  |4=[[Axle|Tandem Axle]]
  |5=[[Truck classification#Class 6|Class 6 Trucks]]
  |6=[[Truck classification#Class 7|Class 7 Trucks]]
  |7=[[Class 8 truck|Class 8 Trucks]]
 }}
| revenue = {{nowrap|{{decrease}} {{US$|31.6&nbsp;billion|link=yes}} (2024)}}
| operating_income = {{decrease}} {{US$|4.31&nbsp;billion}} (2024)
| net_income = {{decrease}} {{US$|4.16&nbsp;billion}} (2024)
| assets = {{increase}} {{US$|43.4&nbsp;billion}} (2024)
| equity = {{increase}} {{US$|17.5&nbsp;billion}} (2024)
| num_employees = 30,100 (2024)
| divisions = {{ubl|[[Kenworth]]|[[Peterbilt]]}} [[DAF Trucks]]
| subsid = {{Collapsible list|title=List|
'''Transportation'''
* [[Kenworth]]
* [[Peterbilt]]
* [[DAF Trucks]]
** [[Tatra (company)|Tatra]] (19%)<ref>{{cite web|url=https://www.reuters.com/article/2011/08/02/tatra-daf-contract-idUSL6E7J22MS20110802|title=PACCAR's DAF to gain share in Czech Tatra|publisher=Reuters|date=2 Aug 2011|access-date=25 Jun 2013}}</ref><ref>{{cite web|url=http://www.tatratrucks.com/about-the-company/press-and-media/news/tatra-and-daf-trucks-sign-cooperation-agreements/|title=Tatra & DAF Trucks sign Cooperation Agreement|publisher=Tatra Trucks A.S.|date=2 Aug 2011|access-date=25 Jun 2013}}</ref>
* [[Leyland Trucks]]
'''Financial services'''
* Paccar Financial Corp.
* PacLease
'''Equipment'''
* Winch
** Braden
** Carco
** Germatic
'''Aftermarket parts'''
* Paccar Parts
** Paccar Parts Europe
** Paccar Parts South America
'''International sales'''
* Paccar Global Sales
'''Information technology'''
* Paccar ITD
'''Truck components'''
* Dynacraft
'''Research and development'''
* Paccar Technical Center
* DAF Central Lab
'''Engine manufacturing'''
* Paccar Engine Company
'''International'''
* Paccar Australia
** [[Kenworth Australia]]
** DAF Trucks Australia
* Paccar New Zealand
** Southpac Trucks
** ALL RIG Parts
* Paccar Mexicana
** Kenworth Mexicana
** Peterbilt Mexicana
* Paccar Canada
** Kenworth Canada
** Peterbilt Canada
* Paccar India
* Paccar China
* Paccar Brazil
** DAF Trucks Brazil
}}
| foundation = {{Start date and age|1905}}
| location = [[Bellevue, Washington]], United States
| homepage = {{URL|paccar.com}}
| footnotes = <ref name=10K>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0000075362/000095017025023145/pcar-20241231.htm |title=Paccar Inc. 2024 Annual Report (Form 10-K) |date=February 19, 2025 |website=SEC.gov |publisher=[[U.S. Securities and Exchange Commission]]}}</ref><ref name="History of Paccar Inc">{{cite web|url=http://www.historylink.org/index.cfm?DisplayPage=output.cfm&file_id=4272|publisher=Washington State History Encyclopedia|title=Beginnings of Paccar Inc|date=4 Feb 2005|access-date=25 Jun 2013}}</ref><ref>{{cite web|url=https://www.reuters.com/finance/stocks/companyOfficers?symbol=PCAR.O|publisher=[[Reuters|Reuters Markets]]|title=Paccar Inc|date=30 Dec 2012|access-date=28 Jun 2013}}</ref><ref>{{cite web|url=https://www.paccar.com/about-us/board-of-directors/director-bios/|publisher=Paccar Inc|title=Paccar Board of Directors|access-date=2 May 2022}}</ref>
}}

'''Paccar Inc.''' (stylized as '''PACCAR''') is an American company primarily focused on the design and manufacturing of large commercial trucks through its subsidiaries [[DAF Trucks|DAF]], [[Kenworth]] and [[Peterbilt]] sold across markets worldwide. The company is headquartered in [[Bellevue, Washington]], in the Seattle metropolitan area, and was founded in 1971 as the successor to the '''Pacific Car and Foundry Company''', from which it draws its name. The company traces its predecessors to the Seattle Car Manufacturing Company formed in 1905. In addition to its principal business, the company also has a parts division, a financial services segment, and manufactures and markets industrial winches. The company's stock is a component of the [[Nasdaq-100]] and [[S&P 500]] stock market indices.

==History==
[[File:Seattle Car and Foundry Renton Works 1916.jpg|thumb|left|Seattle Car and Foundry works at [[Renton, Washington]], 1916]]
[[File: Sanborn Fire Insurance Map from Renton, King County, Washington, 1909, Plate 0002.jpg |thumb|left|Seattle Car plant (1909)]]
The company was founded by William Pigott Sr. as Seattle Car Manufacturing Company in 1905, with a capitalization of $10,000.  Its original business was the production of [[Railway freight car|railway]] and [[logging]] equipment. The company built a new factory in Renton in 1909 after its [[Duwamish River|Duwamish]] facility was destroyed in fire as well as to fulfill large number of orders.<ref>{{cite web|url=http://www.seattle.gov/fleetsfacilities/firelevy/facilities/fs14/pdfs/bolasf14nompart1.pdf |publisher=Seattle.gov |access-date=20 Jun 2013 |title=King county fire district |url-status=dead |archive-url=https://web.archive.org/web/20120727185559/https://www.seattle.gov/fleetsfacilities/firelevy/facilities/fs14/pdfs/BOLASF14NomPart1.pdf |archive-date=2012-07-27}}</ref> In 1917 it merged with a [[Portland, Oregon|Portland]] firm, Twohy Brothers, which was its only competitor on the west coast at the time and company was renamed as Pacific Car and Foundry Company. The company manufactured horse or oxen-drawn logging trucks built specifically to address the dense, hilly forests in which the Northwest logging industry operated to transport massive logs. The following years the company specialized in designing air brakes, open cars, refrigerated boxcars for shipment of perishable items and the universal trailer which could be pulled by a truck.<ref name="Pacific Car and Foundry">{{cite web|url=http://www.midcontinent.org/rollingstock/builders/pacific_car.htm|title=Pacific Car & Foundry/|publisher=midcontinent.org|date=30 Dec 2006|access-date=20 Jun 2013}}</ref> The company also manufactured structural steel that was finished by hand that was used to create columns and girders that went into many Seattle-area buildings.<ref>{{cite news|url=https://archive.seattletimes.com/archive/20000924/4044996/paccars-rough-road|title=Paccar's rough road|publisher=The Seattle Times|date=24 Sep 2004|access-date=25 Jun 2013}}</ref><ref name="PACCAR: The Pursuit of Quality"/> In 1924, the founder, William Pigott sold a controlling interest in the company to [[American Car and Foundry Company]]. However, his son, Paul Pigott reacquired a significant interest in the company from American Car and Foundry Company in 1934.<ref>{{cite web|url=http://content.wsulibs.wsu.edu/cdm/singleitem/collection/clipping/id/27707/rec/2|publisher=[[Washington State University|WSU Library]]|title=NW History, Lumber Industry & By-products|access-date=25 June 2013|archive-date=16 December 2013|archive-url=https://web.archive.org/web/20131216205704/http://content.wsulibs.wsu.edu/cdm/singleitem/collection/clipping/id/27707/rec/2|url-status=dead}}</ref><ref>{{cite web|url=http://www.paccar.com/heritage/default.asp|publisher=Paccar Inc|title=Paccar Heritage|access-date=26 June 2013|archive-date=9 May 2013|archive-url=https://web.archive.org/web/20130509030506/http://www.paccar.com/heritage/default.asp|url-status=dead}}</ref>

During the [[Great Depression]] in 1930 despite the stock market crash, the company's earnings rose; but as the Great Depression deepened, Pacific Car and Foundry became one of the most depressed businesses in the Northwest.<ref>{{cite web|url=http://www.coachbuilt.com/bui/p/pacific_car/pacific_car.htm|publisher=Coach bult|title=Pacific Car & Foundry Co.|access-date=18 Jun 2013}}</ref> During the late 1930s, Pacific Car and Foundry received government contracts for steel fabrication for construction of [[Lacey V. Murrow Memorial Bridge]] as well as orders from other companies.<ref>{{cite web|url=http://content.lib.washington.edu/imls/kcsnapshots/sets/timeline-text.html|title=King county timeline|publisher=[[Washington State University|WSU Library]]|access-date=26 Jun 2013}}</ref>

===During World War II===
During [[World War II]], Pacific Car and Foundry's sales grew due to an increased demand for steel used in airplanes, airports, bridges, naval ships, highways and other equipment that helped build America's infrastructure to support the war effort. Pacific Car also sub-contracted for Boeing, building aluminum wing spars for B-17 bombers. During 1942 and 1943 the company also built [[M4 Sherman|M4A1 Sherman]] tanks for the U.S. Army. The company was able to cast almost all the parts for the tanks at its own foundry. Other notable vehicles that were built included the [[M25 tank transporter]], known as the "Dragon Wagon," and the [[T28 super-heavy tank]].<ref name="PACCAR: The Pursuit of Quality">{{cite book |last1=Groner |first1=Alex |last2=Provorse |first2=Barry |title=PACCAR: The Pursuit of Quality|publisher=Documentary Media LLC |year=2005|isbn=978-0-971-90847-5|edition=4th|url=https://books.google.com/books?id=IBCJAAAACAAJ|access-date=26 Jun 2013}}</ref> Everett-Pacific Shipbuilding & Dry Dock Company was established in 1942 that built ships and other marine products for the [[United States Navy|US Navy]] in Port Gardner Bay in Everett. It was bought by Pacific Car and Foundry in 1944.<ref>{{cite web|url=http://shipbuildinghistory.com/history/shipyards/4emergencysmall/everett.htm |title=Everett Pacific Shipbuilding |access-date=27 Jun 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130127222828/http://www.shipbuildinghistory.com/history/shipyards/4emergencysmall/everett.htm |archive-date=2013-01-27 }}</ref>

===Post-war===
[[File:Paccar's History in the early 1900.jpg|thumb|250px|right|PACCAR's history in the 1900s. Clockwise from top: Seattle Car Mfg in 1909, Pacific Car & Foundry's [[railroad car]] in 1950, [[Kenworth]] T-10 truck and [[T28 super-heavy tank]] during [[World War II|WW 2]]]]

After [[World War II]] ended, Pacific Car was a part of the federal government's Mobilization Planning Program, which meant that it promised to devote 100 percent of its facilities to military production in the event of a national emergency. The company was a prime contractor during the [[Korean War]] for producing tanks. Pacific Car chose to subcontract many of the necessary parts, boosting smaller businesses in the state.<ref name="PACCAR: The Pursuit of Quality" /><ref>{{cite web|url=http://www.history.army.mil/documents/mobpam.htm|title=WWII Mobilization|publisher=U.S. Army Center of Military History|access-date=20 June 2013|archive-date=16 March 2021|archive-url=https://web.archive.org/web/20210316132102/http://history.army.mil/documents/mobpam.htm|url-status=dead}}</ref><ref>{{cite web|url=http://militaryvehicleweb.com/vehicle/m-26a1-pacific-car-tank-transporter-and-fruehauf-trailer/|title=1944 M-26A1 Pacific Car Tank Transporter and Fruehauf trailer|publisher=Militaryvehicleweb.com|access-date=27 Jun 2013}}</ref> In 1945 Pacific Car purchased the [[Kenworth|Kenworth Motor Truck Corporation]]. Named after founding stockholders Harry Kent and Edgar Worthington, Kenworth had been producing trucks in Seattle since it was incorporated in 1923. During [[World War II]], Kenworth produced trucks, airplane assemblies and sub-assemblies for the United States military. As the war drew to an end Kenworth shifted attention to production of commercial trucks for the postwar market. In 1956 Kenworth lost independent status and became a division directly under Pacific Car and Foundry.<ref>{{cite web|url=http://www.digitaltermpapers.com/c1074.htm|publisher=Digital Term Papers|title=The History of Kenworth Motor Truck Company|access-date=15 Jun 2013}}</ref>

In 1954, Pacific Car acquired the Dart Truck Company of Kansas City, Missouri, and the [[Peterbilt|Peterbilt Motors Company]], of Oakland, California. Dart built primarily heavy off-highway dump trucks and specialty vehicles. Peterbilt had been a major competitor with Kenworth, producing many kinds of trucks and buses. Peterbilt operated as a wholly owned subsidiary of Pacific Car until 1960, following which it was dissolved and made a division of the company.<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/paccar-inc-history/|title=History of Paccar inc|publisher=Fundinguniverse.com|access-date=27 Jun 2013}}</ref><ref>{{cite web|url=http://www.peterbiltofla.com/history.html|title=Peterbilt History|publisher=Peterbilt of Louisiana|access-date=27 Jun 2013|archive-date=31 July 2013|archive-url=https://web.archive.org/web/20130731215438/http://www.peterbiltofla.com/history.html|url-status=dead}}</ref><ref>{{cite web|url=http://prezi.com/gmr2uz5xeaso/the-history-of-peterbilt-trucks/|title=History of Peterbilt trucks|publisher=Peterbilt of Louisiana|access-date=27 Jun 2013}}</ref> Pacific Car's structural steel division made the steel used to build the 50-story Seattle-First National Bank headquarters and to build Seattle's Space Needle in 1961. The firm provided 5,668 steel panels, weighing 58,000 tons, which formed a major part of the load bearing walls for New York City's World Trade Center twin towers. The World Trade Center, like the Sea-First building, bore the building's load on the exterior walls rather than on an interior structural skeleton. The steel panels were shipped by rail from Seattle to New York City on more than 1,600 railcars. Pacific Car was the largest contractor of the 13 steel fabricators that provided steel for the World Trade Center towers.<ref name="Pacific Car and Foundry"/><ref>{{cite web|url=https://digital.lib.washington.edu/architect/structures/4265/|title=Seattle 1st National Bank, Incorporated, Headquarters Building #2, Downtown|publisher=[[Washington State University|WSU Library]]|access-date=15 Jun 2013}}</ref><ref>{{cite web|url=http://911research.wtc7.net/mirrors/guardian2/wtc/eng-news-record.htm|title=TRADE CENTER BUILDS UPWARD FAST|publisher=911research.wtc7.net|access-date=15 Jun 2013}}</ref><ref>{{cite web|url=http://guardian.150m.com/wtc/small/eng-news-record.htm |title=SOME ARTICLES FROM ENGINEERING NEWS RECORD. |publisher=guardian.150m.com |access-date=15 Jun 2013 |url-status=dead |archive-url=https://web.archive.org/web/20121129115845/http://guardian.150m.com:80/wtc/small/eng-news-record.htm |archive-date=2012-11-29}}</ref>

===The 1970s to 1990s===
In 1970 PACCAR created an overseas manufacturing facility at Bayswater, Melbourne, Australia, producing [[Kenworth]] Trucks to serve the growing developing local and Southeast Asian Markets, which still trade strongly today. The first completed locally built truck rolled off the production line in March 1971, and Australian made vehicle exports commenced in 1975. Despite a serious slowdown due to recessions during 1974, PACCAR continued to generate increasing sales throughout the 1970s. PACCAR purchased Wagner Mining Company in 1975, which built underground Mining Vehicles, International Car Company in 1975 and [[Foden Trucks]] a British truck manufacturer in 1980.<ref>{{cite web|url=http://www.atlascopco.com/us/news/productnews/atlas_copco__atlas_copco_wagner_inc.aspx|publisher=[[Atlas Copco]]|title=Wagner, The early years|access-date=25 Jun 2013|archive-date=15 September 2016|archive-url=https://web.archive.org/web/20160915230036/http://www.atlascopco.com/us/news/productnews/atlas_copco__atlas_copco_wagner_inc.aspx|url-status=dead}}</ref><ref>{{cite web|url=http://content.lib.washington.edu/cgi-bin/showfile.exe?CISOROOT=%2Freports&CISOPTR=4452&CISOMODE=print|publisher=[[Washington State University|WSU Library]]|title=1982 Paccar Annual Report|access-date=18 Jun 2013|archive-date=16 December 2013|archive-url=https://web.archive.org/web/20131216204255/http://content.lib.washington.edu/cgi-bin/showfile.exe?CISOROOT=%2Freports&CISOPTR=4452&CISOMODE=print|url-status=dead}}</ref> Fodens sold trucks in [[Europe]] and [[Africa]].<ref>{{cite web|url=http://www.hoovers.com/company/PACCAR_Inc/rcyhci-1-1njhxk.html|publisher=[[Hoover's]]|title=Paccar Inc, Company profile from Hoover's|access-date=28 Jun 2013}}</ref><ref>{{cite web|url=http://www.roadtransporthall.com/yesterdays-workhorses/1264-foden.html|publisher=Road transport hall|title=Foden, yesterdays work horses|access-date=29 Jun 2013|archive-date=10 April 2013|archive-url=https://web.archive.org/web/20130410114612/http://www.roadtransporthall.com/yesterdays-workhorses/1264-foden.html|url-status=dead}}</ref><ref>{{cite web|url=http://www.gracesguide.co.uk/Foden|publisher=Gracesguide.co.uk|title=Edwin Foden, Sons and Co of Elworth Works, Sandbach produced commercial vehicles|access-date=29 Jun 2013}}</ref> Paccar International was formed in 1972 that promoted exports worldwide.<ref>{{cite web|url=http://www.paccar.com/paccint/about-us.asp|publisher=Paccar International Inc|title=History of Paccar International|access-date=28 Jun 2013|archive-date=7 August 2020|archive-url=https://web.archive.org/web/20200807200635/https://www.paccar.com/paccint/about-us.asp|url-status=dead}}</ref><ref>{{cite web|url=http://topics.nytimes.com/top/news/business/companies/paccar_inc/index.html|work=[[The New York Times]]|title=Paccar Inc News|access-date=28 Jun 2013}}</ref> Paccar Technical Center was established in 1980 in [[Mount Vernon, Washington]], as a research and testing facility. The facility included test tracks, engine test cells, materials test laboratories and structural laboratories. The tech center conducts an Open House event every April that coincides with the [[Skagit Valley Tulip Festival]].<ref>{{cite web|url=http://www.tulipfestival.org/calendar/event/517/|publisher=Tulipfestival.org|title=PTC Open House|access-date=20 Jun 2013|archive-date=3 April 2013|archive-url=https://web.archive.org/web/20130403065530/http://www.tulipfestival.org/calendar/event/517/|url-status=dead}}</ref><ref>{{cite web|url=http://www.paccar.com/company/PTC_open_house.asp |publisher=Paccar Inc |title=Paccar Tech Center Opn House |access-date=29 Jun 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130305115619/http://www.paccar.com:80/company/PTC_open_house.asp |archive-date=2013-03-05}}</ref> In 1983 the International Car Co Division in Kenton Ohio, which had been acquired on December 1, 1975,<ref>1975 Paccar Annual Report</ref> was disbanded.<ref>{{Cite web|url=https://www.upi.com/Archives/1983/02/18/The-International-Car-Co-once-a-leading-maker-of/1193414392400|title=The International Car Co., once a leading maker of... - UPI Archives|website=UPI}}</ref> In 1983 the Paccar Rail Leasing Inc subsidiary in Renton WA and the RAILEASE Inc subsidiary in Bellevue WA were disbanded.<ref>1982, 1983 Paccar Annual Reports</ref> In 1986 the Pacific Car and Foundry subsidiary in Renton WA was renamed to Paccar Defense Systems Division.<ref>1985, 1986 Paccar Annual Reports</ref> In 1984 PACCAR posted record sales in its history of $2.25 billion.<ref>{{cite news|url=https://www.nytimes.com/1984/07/24/business/paccar-inc-reports-earnings-for-qtr-to-june-30.html|work=[[The New York Times]]|title=Paccar INC reports earnings for Qtr to June 30|date=24 Jun 1984|access-date=27 Jun 2013}}</ref><ref>{{cite web|url=http://www.bizjournals.com/seattle/news/2013/05/02/paccar-boosts-its-sales.html?page=all|work=[[Puget Sound Business Journal]]|title=Making trucks more efficient helps Paccar boost its sales|date=3 May 2013|access-date=25 Jun 2013}}</ref>

In the mid-1980s, PACCAR share of Class 8 trucks dropped to about 18% owing to aggressive competition from [[Freightliner Trucks]], which is a subsidiary of [[Daimler AG]] and the merged operations of Volvo White and General. This competition forced PACCAR to close its [[Kenworth]] assembly plant in Kansas City in April, 1986 and its [[Peterbilt]] plant in Newark, California, the following October.<ref>{{cite web|url=http://content.lib.washington.edu/cgi-bin/showfile.exe?CISOROOT=%2Freports&CISOPTR=4119&CISOMODE=print|publisher=[[Washington State University|WSU Library]]|title=Pacific Car and Foundry Annual Report|access-date=30 Jun 2013|archive-date=16 December 2013|archive-url=https://web.archive.org/web/20131216203126/http://content.lib.washington.edu/cgi-bin/showfile.exe?CISOROOT=%2Freports&CISOPTR=4119&CISOMODE=print|url-status=dead}}</ref> PACCAR acquired Trico Industries in 1986 which was a manufacturer of oil exploration equipment based in Gardena, California, for $65 million in order to reduce its dependence on the Class 8 Truck market.<ref>{{cite news|url=https://www.nytimes.com/1986/11/28/business/company-news-paccar-increases-its-stake-in-trico.html|work=[[The New York Times]]|title=COMPANY NEWS; Paccar Increases Its Stake in Trico|date=28 Nov 1986|access-date=26 Jun 2013}}</ref><ref>{{cite web|url=http://www.bizjournals.com/sanantonio/stories/1997/12/08/story5.html|work=[[American City Business Journals|San Antonio Business Journal]]|title=Trico Industries sold to Evi Inc.|date=7 Dec 1997|access-date=30 Jun 2013}}</ref> During the mid-80's PACCAR was negotiating with the [[Rover Group]], for acquiring its [[British Leyland|British Leyland truck division]]. However, [[Rover Group|Rover management]] decided to sell the truck division to [[DAF Trucks]] which was a Dutch automotive concern. Its Dart Truck Company and Wagner Mining Equipment Company were sold in 1984 and 1989 in order to remain profitable.<ref>{{cite web|url=http://www.sabcc.org/linked/blhistory.pdf |publisher=Sabcc.com |title=A brief history of British Leyland |access-date=30 Jun 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130228113641/http://www.sabcc.org:80/linked/blhistory.pdf |archive-date=2013-02-28}}</ref><ref>{{cite web|url=http://www.britishcarcouncil.com/history/bmc.html |publisher=Britishcarcouncil.com |title=British Leyland History |access-date=30 Jun 2013 |url-status=dead |archive-url=https://web.archive.org/web/20150403104518/http://www.britishcarcouncil.com/history/bmc.html |archive-date=2015-04-03}}</ref> In 1987, PACCAR entered the automotive parts & accessories retail market by acquiring Al's Auto Supply and Grand Auto Incorporated.<ref>{{cite news|url=https://www.nytimes.com/1999/08/24/business/company-news-csk-auto-to-buy-paccar-s-parts-subsidiary.html|work=The New York Times|title=CSK Auto to buy Paccar parts subsidiary|date=24 Aug 1999|access-date=20 Jun 2013}}</ref><ref>{{cite web|url=https://archive.seattletimes.com/archive/19990823/2978949/eastside-business----paccar-to-sell-auto-parts-unit-focus-on-trucks|work=The Seattle Times|date=23 Aug 1999|title=Paccar To Sell Auto-Parts Unit, Focus On Trucks|access-date=8 Jul 2013}}</ref><ref>{{cite web|url=http://www.bizjournals.com/seattle/stories/1999/08/23/daily4.html|work=[[Puget Sound Business Journal]]|title=Paccar sells retail automotive parts group|date=23 Aug 1999|access-date=25 Jun 2013}}</ref>

===The 1990s and beyond===
Paccar Parts was created in 1992 in [[Renton, Washington]]. The building it was housed in occupied part of the company's historic Pacific Car and Foundry site. In the same year, PACCAR purchased a 21 percent stake in Wood Group ESP which added to its oil field equipment manufacturing.<ref>{{cite web|url=http://www.truckpr.com/paccar-parts/2013/5/1/paccar-parts-to-celebrate-its-40th-anniversary-in-2013.html|archive-url=https://archive.today/20130721185206/http://www.truckpr.com/paccar-parts/2013/5/1/paccar-parts-to-celebrate-its-40th-anniversary-in-2013.html|url-status=dead|archive-date=July 21, 2013|publisher=Truckpr.com|title=Paccar Parts celebrates its 40th anniversary in 2013|date=1 May 2013|access-date=2 Jul 2013}}</ref><ref>{{cite web|url=http://content.lib.washington.edu/cdm4/item_viewer.php?CISOROOT=%2Fimlsrenton&CISOPTR=456|publisher=[[Washington State University|WSU Library]]|title=Pacific Car and Foundry building exterior in Renton, WA|date=2 Aug 1984|access-date=3 Jul 2013|archive-date=16 December 2013|archive-url=https://web.archive.org/web/20131216204420/http://content.lib.washington.edu/cdm4/item_viewer.php?CISOROOT=%2Fimlsrenton&CISOPTR=456|url-status=dead}}</ref><ref>{{cite web|url=http://www.barchart.com/plmodules/?module=secFilings&filingid=92288&type=HTML&popup=1&override=1&symbol=PCAR|publisher=Barchart.com|title=Paccar INC., FORM 10-K, SECURITIES AND EXCHANGE COMMISSION, WASHINGTON, D.C. 20549|date=31 Dec 1993|access-date=8 Jul 2013}}</ref> In 1993, PACCAR acquired a line of winches from heavy equipment manufacturer [[Caterpillar Inc.|Caterpillar]]. The same year it brought a new plant in Washington on line to help meet the increased demand for trucks. In 1994 the company began selling in New Zealand for the first time and entered new countries in Asia and Central and South America. The company made its Mexican joint venture VILPAC, S.A., a wholly owned subsidiary in 1995. PACCAR's Winch division was one of the world's largest manufacturer of industrial winches by 1994.<ref>{{cite web|url=https://archive.seattletimes.com/archive/19931217/1737518/paccar-inc-to-increase-stake-in-mexican-truck-maker|work=The Seattle Times|title=Paccar Inc. To Increase Stake In Mexican Truck Maker|date=17 Dec 1993|access-date=6 Jul 2013}}</ref><ref>{{cite web|url=https://apnews.com/ad5e1db8c3470551b08a47e52f62aa90|publisher=Associated Press|title=Paccar REPORTS STRONGER EARNINGS FOR QUARTER|date=19 Jul 1995|access-date=8 Jul 2013}}</ref>

Paccar International marketed trucks to more than 40 countries, and was one of the largest exporters of capital goods in North America by 1995. Kenworth truck factory in [[Renton, Washington]], was opened on June 4, 1993.<ref>{{cite web|url=http://money.cnn.com/magazines/fortune/fortune_archive/2000/08/14/285618/ |publisher=[[CNN Business|CNN Money]] |title=America's Elite Factories Whether it's trucks, circuit breakers, or critical aircraft parts, no plant turns them out with less waste motion or leaner inventories than these paragons of productivity. |date=14 Aug 2000 |access-date=21 Jun 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131216220846/http://money.cnn.com/magazines/fortune/fortune_archive/2000/08/14/285618/ |archive-date=2013-12-16}}</ref> In 1997 [[Mark Pigott]] assumed PACCAR's presidency as Charles Pigott retired in 1997.<ref>{{cite web|url=https://archive.seattletimes.com/archive/19960501/2326944/top-executive-at-paccar-plans-to-retire|work=The Seattle Times|title=Top Executive At Paccar Plans To Retire|date=1 May 1996|access-date=6 Jul 2013}}</ref> In 1996, the company spent $543 million to acquire [[DAF Trucks|DAF Trucks N.V.]] based in the [[Netherlands]], an acquisition it first pursued back in the mid-1980s. The acquisition was funded in part by the sale of Trico Industries to EVI in 1997.<ref>{{cite news|url=https://www.nytimes.com/1986/11/18/business/company-news-paccar-considers-takeover-of-trico.html?n=Top%2fReference%2fTimes%20Topics%2fSubjects%2fF%2fFinances|work=The New York Times|date=18 Nov 1986|title=Paccar Considers Takeover of Trico|access-date=30 Jun 2013}}</ref><ref>{{cite news|url=https://www.nytimes.com/1986/11/28/business/company-news-paccar-increases-its-stake-in-trico.html?n=Top%2fReference%2fTimes%20Topics%2fSubjects%2fF%2fFinances|work=The New York Times|title=Paccar Increases Its Stake in Trico|date=28 Nov 1986|access-date=25 Jun 2013}}</ref><ref>{{cite web|url=http://www.dieselpowermag.com/features/1102dp_february_2011_baselines_paccar/viewall.html|publisher=DieselPower Magazine|title=How Peterbilt & Kenworth trace their history to trains|date=Feb 2011|access-date=5 Jul 2013|archive-date=3 April 2015|archive-url=https://web.archive.org/web/20150403085343/http://www.dieselpowermag.com/features/1102dp_february_2011_baselines_paccar/viewall.html|url-status=dead}}</ref><ref>{{cite news|url=https://www.nytimes.com/1996/10/08/business/paccar-buying-dutch-truck-maker-for-543-million.html?n=Top%2fReference%2fTimes%20Topics%2fSubjects%2fF%2fFinances|work=The New York Times|title=Paccar buying Dutch Truck Maker for $543 million|date=8 October 1996|access-date=8 July 2013}}</ref> Financial and leasing subsidiaries also performed well in the late 1990s. In 1998, PACCAR acquired UK-based [[Leyland Trucks]], a manufacturer known for its light and medium truck (6 to 44 metric tons) design and manufacture capability. With its Peterbilt, Kenworth, and DAF nameplates, PACCAR ranks second in production numbers in the United States and third in production numbers globally in "big rig" truck production; behind [[Daimler Truck]] in the US market. Other major heavy-truck competitors include [[International Motors]] and [[Volvo]].<ref>{{cite web|url=http://www.truckinginfo.com/channel/aftermarket/news/story/2010/08/class-8-truck-sales-near-10000-in-july.aspx?prestitial=1|publisher=Truckinginfo.com|title=Class 8 Truck sales near 10,000 in July|date=12 Aug 2010|access-date=27 Jun 2013}}</ref><ref>{{cite web|url=http://fleetowner.com/equipment/news/truck-sales-surged-0119|publisher=FleetOwner.com|title=US truck sales surged in 2011|date=19 Jan 2012|access-date=27 Jun 2013}}</ref><ref>{{cite web|url=http://www.thetrucker.com/news/stories/2012/5/14/USClass8salesdownslightlyfromMarchstillstrong.aspx|work=The Trucker|title=US Class 8 sales down lightly from March, still strong|date=14 May 2012|access-date=28 Jun 2013|archive-date=5 November 2013|archive-url=https://web.archive.org/web/20131105010956/http://www.thetrucker.com/news/stories/2012/5/14/USClass8salesdownslightlyfromMarchstillstrong.aspx|url-status=dead}}</ref><ref>{{cite web|url=http://www.thetrucker.com/news/stories/2012/3/13/USClass8salestop15KinFebruaryFreightlinerposts5-yearhigh.aspx|work=The Trucker|title=U.S. Class 8 sales top 15K in February; Freightliner posts 5-year high|date=13 Mar 2012|access-date=28 Jun 2013|archive-date=5 November 2013|archive-url=https://web.archive.org/web/20131105043250/http://www.thetrucker.com/news/stories/2012/3/13/USClass8salestop15KinFebruaryFreightlinerposts5-yearhigh.aspx|url-status=dead}}</ref>

== Leadership ==
* [[William Pigott]] (1905–1937)
* Paul Pigott (1937–1961)
* Robert O'Brien (1961–1965)
* Charles Pigott (1965–1997)
* [[Mark Pigott]] (1997–2013)<ref>{{cite web |url= http://investing.businessweek.com/research/stocks/people/person.asp?personId=294723&ticker=PCAR:US |archive-url= https://archive.today/20130118190552/http://investing.businessweek.com/research/stocks/people/person.asp?personId=294723&ticker=PCAR:US |url-status= dead |archive-date= January 18, 2013 |title=Mark Pigott: Executive Profile & Biography - Businessweek |work=investing.businessweek.com|accessdate=21 June 2012}}</ref>
* [[Ron Armstrong]] (2013–2019)<ref>https://www.paccar.com/news/archived-news/2013/paccar-names-ronald-e-armstrong-as-chief-executive-officer/#:~:text=December%2016%2C%202013%2C%20Bellevue%2C,role%20as%20executive%20chairman%2C%20Mr.</ref>
* Preston Feight (2019–present)<ref>https://www.daf.com/en/news-and-media/news-articles/global/2019/q2/18-04-2019-paccar-names-preston-feight-as-chief-executive-officer#:~:text=PACCAR%20Inc%20announced%20today%20that,strategic%20counsel%20to%20the%20company.</ref>

==Subsidiaries==
[[File:Paccar MX engine.jpg|thumb|Paccar MX engine]]
* [[Peterbilt]]
* [[Kenworth]]
* [[DAF Trucks]]
* [[Leyland Trucks]]
* PacLease
* Paccar Parts
* Paccar Financial Corp
* Paccar Global Sales
* Paccar ITD (Information Technology Division)
* Dynacraft
* Paccar Technical Center

==Former subsidiaries==
* Pacific Car and Foundry: Railroad freight cars and cabooses, and military vehicles manufactured at 1400 N 4th Street, Renton Washington.<ref name="1981 Paccar Annual Report">1981 Paccar Annual Report</ref>
* International Car Co Division: Railroad cabooses and freight cars manufactured at 31 Bales Road, Kenton Ohio.<ref name="1981 Paccar Annual Report"/>
*PACCAR Winch<ref>{{cite press release | url=https://www.prnewswire.com/news-releases/black-phoenix-group-announces-acquisition-of-paccar-winch-from-paccar-inc-302294199.html | title=Black Phoenix Group Announces Acquisition of PACCAR Winch from PACCAR Inc }}</ref>

==Criticism==
In December 2011, the organization [[Public Campaign#Reports|Public Campaign]] criticized '''PACCAR''' for spending $760,000 on [[lobbying]] and not paying any taxes during the severe economic recession of 2008–2010, instead getting $112 million in tax rebates, despite making a profit of $465 million.<ref>{{cite web|last=Portero |first=Ashley |title=30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010 |url=http://www.ibtimes.com/articles/264481/20111209/30-major-u-s-corporations-paid-lobby.htm |work=[[International Business Times]] |access-date=26 December 2011 |archive-url=https://web.archive.org/web/20120107173713/http://www.ibtimes.com/articles/264481/20111209/30-major-u-s-corporations-paid-lobby.htm |archive-date=7 January 2012 |url-status=dead}}</ref>

==References==
{{Reflist|33em}}

==Sources==
* David Wilma, [https://web.archive.org/web/20120217164112/http://www.historyink.org/index.cfm?DisplayPage=output.cfm&file_id=3194 Pacific Car and Foundry Co. becomes Paccar Inc on January 25, 1972], HistoryLink, April 11, 2001.
* Paccar – ''The Pursuit of Quality, Alex Groner and Barry Provorse''; Documentary Media, Seattle, Washington, 2005 – 4th Edition

==External links==
{{commons category|Paccar}}
* {{Official|https://www.paccar.com/}}
* Paccar Inc, [http://www.paccar.com/heritage/history2.asp Paccar Official History Page] {{Webarchive|url=https://web.archive.org/web/20170422220632/http://www.paccar.com/heritage/history2.asp |date=2017-04-22 }}
{{Finance links
| name = Paccar
| symbol = PCAR
| sec_cik = 75362
| yahoo = PCAR
| google = PCAR
}}
* [http://content.lib.washington.edu/cdm4/results.php?CISORESTMP=results.php&CISOVIEWTMP=item_viewer.php&CISOMODE=thumb&CISOGRID=thumbnail,A,1;title,A,1;subjec,A,0;descri,200,0;none,A,0;20;title,none,none,none,none&CISOBIB=title,A,1,N;subjec,A,0,N;descri,200,0,N;none,A,0,N;none,A,0,N;20;title,none,none,none,none&CISOTHUMB=20%20(4x5);publis,none,none,none,none&CISOTITLE=20;title,none,none,none,none&CISOHIERA=20;subjec,title,none,none,none&CISOSUPPRESS=1&CISOTYPE=link&CISOOP1=all&CISOFIELD1=descri&CISOBOX1=Pacific+Car+Foundry&CISOOP2=all&CISOFIELD2=subjec&CISOBOX2=&CISOOP3=all&CISOFIELD3=descri&CISOBOX3=&CISOOP4=all&CISOFIELD4=CISOSEARCHALL&CISOBOX4=&c=all&CISOROOT=/reports Historical Annual Reports for Pacific Car and Foundry]
* [http://content.lib.washington.edu/cdm4/results.php?CISORESTMP=results.php&CISOVIEWTMP=item_viewer.php&CISOMODE=thumb&CISOGRID=thumbnail,A,1;title,A,1;subjec,A,0;descri,200,0;none,A,0;20;title,none,none,none,none&CISOBIB=title,A,1,N;subjec,A,0,N;descri,200,0,N;none,A,0,N;none,A,0,N;20;title,none,none,none,none&CISOTHUMB=20%20(4x5);publis,none,none,none,none&CISOTITLE=20;title,none,none,none,none&CISOHIERA=20;subjec,title,none,none,none&CISOSUPPRESS=1&CISOTYPE=link&CISOOP1=all&CISOFIELD1=subjec&CISOBOX1=PACCAR&CISOOP2=all&CISOFIELD2=subjec&CISOBOX2=&CISOOP3=all&CISOFIELD3=descri&CISOBOX3=&CISOOP4=all&CISOFIELD4=CISOSEARCHALL&CISOBOX4=&c=all&CISOROOT=/reports Historical Annual Reports for PACCAR]

{{Paccar}}
{{Seattle Corporations}}
{{NASDAQ-100}}
{{Trucking industry in the United States}}

[[Category:Vehicle manufacturing companies established in 1905]]
[[Category:Companies listed on the Nasdaq]]
[[Category:Manufacturing companies based in Washington (state)]]
[[Category:Truck manufacturers of the United States]]
[[Category:Diesel engine manufacturers]]
[[Category:Companies based in Bellevue, Washington]]
[[Category:National Medal of Technology recipients]]
[[Category:Paccar| ]]
[[Category:Superfund sites in Washington (state)]]