PACCAR Inc

PACCAR Inc designs manufactures and distributes light medium and heavy-duty commercial trucks in the United States Europe Mexico South America Australia and internationally. It operates through three segments: Truck Parts and Financial Services. The Truck segment designs manufactures and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth Peterbilt and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small medium and large commercial trucking companies as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden Carco and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue Washington.