About the company
Paccar, founded in 1905, has solidified its position as a leading manufacturer in the trucking industry over more than a century of operation. With a focus on medium- and heavy-duty trucks, the company has created a strong presence in multiple regions around the world. One of Paccar's most recognizable brands is Kenworth. Known for their durability, performance, and sleek design, Kenworth trucks have become the preferred choice for many trucking companies and independent drivers. The brand's reputation for reliability has made it a staple in the North American and Australian truck markets. These trucks are built to withstand challenging terrains and carry heavy loads, making them highly sought after by businesses looking for unparalleled performance. Peterbilt, another premium brand under the Paccar umbrella, is equally renowned for its quality and dependability. Known for their signature long-nose design and advanced engineering, Peterbilt trucks have established themselves as a symbol of premium craftsmanship. Peterbilt trucks are favored by long-haul truckers who value comfort, fuel efficiency, and cutting-edge technology. The brand's commitment to innovation has placed it at the forefront of the North American truck market. In addition to the Kenworth and Peterbilt brands, Paccar also owns DAF trucks, making it a powerful player in the European and South American markets. DAF trucks are known for their efficiency, outstanding fuel economy, and low environmental impact. These trucks are built with the latest technologies and have won numerous awards for their performance and sustainability. DAF trucks have gained significant market share in Europe and South America, establishing themselves as a favorite among European truck drivers. To ensure a wide distribution network, Paccar sells its trucks through over 2,300 independent dealers worldwide. These dealers are carefully selected and trained to provide comprehensive support to customers, from initial sales to after-sales service. This extensive dealer network helps Paccar cater to the unique needs and preferences of different markets, further consolidating its global presence. Paccar Financial Services, a division of Paccar, specializes in providing financial solutions to its customers and dealers. Retail financing is offered to customers, enabling them to purchase trucks and equipment with customized leasing and loan options. Paccar Financial Services also provides wholesale financing to dealers, ensuring they have access to the necessary capital to maintain inventories and expand their operations. These financial services play a crucial role in supporting Paccar's truck sales and strengthening its relationships with customers and dealers alike. Paccar's commitment to quality, innovation, and customer satisfaction has allowed the company to capture a significant market share in both North America and Europe. Its Class 8 trucks hold an impressive 30% market share in North America, a testament to the trust and confidence customers have in Paccar's brands. In Europe, Paccar's heavy-duty market share stands at 17%, reflecting the brand's growing influence in this competitive market. As Paccar continues to thrive in the trucking industry, it remains dedicated to delivering reliable, efficient, and technologically advanced trucks to its customers worldwide. With its diverse portfolio of brands, extensive distribution network, and strong financial services division, Paccar is well-positioned to maintain its leadership in the global trucking market for years to come.
Website: https://www.paccar.com
Data updated: June 2, 2026
