DAF
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News
Class 8 truck makers extend production halts (Update)
Major truck manufacturers extend production suspensions as the coronavirus pandemic worsens. J.P. Morgan upgrades PACCAR and holds a neutral rating on Navistar.
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Equipment
Daimler, PACCAR join rivals in suspending truck production
All four major heavy-duty truck manufacturers now have suspended production for at least two weeks, with market leaders Daimler Trucks North America and PACCAR Inc.…
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Business
Truck maker Paccar issues special $2.30-per-share dividend
Just in time for the holidays, Paccar declared a special dividend of $2.30 a share for stockholders of record by Dec. 20.
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Equipment
Truck manufacturers lose first round in price-fixing battle
Tribunal rules $6 billion class action against manufacturers DAF, Daimler/Mercedes, Iveco, MAN and Volvo/Renault can proceed.
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Company earnings
Paccar beats Q3 estimates on strong truck deliveries (Update)
Paccar Inc. delivered 31,000 trucks in the third quarter, helping the parent company of Kenworth Truck Co. , Peterbilt Motor Co. and DAF beat earnings…
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Business
PACCAR sets second-quarter revenue and income records
PACCAR Inc. added to a string of beating analyst revenue estimates in the second quarter but fell 3 cents short on earnings per share consensus.…
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