PACCAR Inc

PCAR: XNAS (USA)
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Paccar Earnings: Recovery in Class 8 Truck Demand Increasingly Clear

Paccar reported a 10% decline in its industrial segments to $6.2 billion. The trucks business declined 13% to $4.5 billion, though outperforming industry deliveries down 18%. This was also offset by the parts segment growth of 1% to $1.7 billion amid a difficult but inflecting market.

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