US: Paccar reports strong growth in Q1

Paccar has reported revenue from truck and other businesses (excluding financial services) of US$3,042.6m in the first three months of 2011, a gain of 53.3% from the US$1,984.3m seen in Q1 2010. Gross profit in the latest quarter was US$410.3m, a margin of 13.5%, versus US$216.5m (10.9%) in the January-March Subscribe to Automotive World to … Continued

• By Webmaster
• April 19, 2011