UPDATE 3-Paccar net drops; industry outlook cut


* Q2 loss 1 ct/share ex-items; Wall St view EPS 4 cts * Sales down 55 percent at $1.85 billion * Says challenging market conditions continuing * Shares fall as much as 7.8 percent (Adds analyst comment and byline, updates stock activity) By James B. Kelleher CHICAGO, July 28 (Reuters) - Paccar Inc said on Tuesday that quarterly earnings plunged more than 90 percent as a weak freight market walloped demand for its trucks and forced it to idle some plants, sending its shares down as ...

Premium Content (PAID Subscription Required)

"UPDATE 3-Paccar net drops; industry outlook cut" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×