PACCAR Inc is a multinational company that designs manufactures and distributes commercial trucks and provides related parts and financial services. The company operates primarily in the truck manufacturing industry with a global footprint that includes production facilities in North America Europe Australia Brazil Canada and Mexico. Its core activities involve building trucks under the Kenworth Peterbilt and DAF nameplates and supporting those products through aftermarket parts distribution and financing solutions.

The company generates revenue from three main sources. First it sells new trucks to independent dealers who then sell them to end users such as trucking companies and owner operators. Second it distributes aftermarket parts for trucks and related commercial vehicles through a network of parts distribution centers and branded TRP stores worldwide. Third it provides finance and leasing products including loans leases and used truck sales to customers dealers and franchises in the markets where its trucks are sold.

PACCAR Inc operates through the following three segments: Truck Parts and Financial Services.

• The Truck segment includes the design manufacture and distribution of light medium and heavy duty commercial trucks. It produces vehicles under the Kenworth Peterbilt and DAF nameplates in plants located in the United States Europe Australia Brazil Canada and Mexico. The segment also designs and manufactures diesel engines primarily for use in its trucks at facilities in Columbus Mississippi Eindhoven the Netherlands and Ponta Grossa Brazil. Revenue from this segment accounted for approximately sixty eight percent of total net sales in 2025.

• The Parts segment distributes aftermarket parts for trucks and related commercial vehicles to more than two thousand Kenworth Peterbilt and DAF dealers and over three hundred fifty TRP stores in ninety nine countries. It operates twenty one strategically located parts distribution centers in the United States Canada Europe Australia Mexico and Central and South America. Parts are sourced from external suppliers and also manufactured in house. This segment contributed about twenty four percent of total net sales in 2025.

• The Financial Services segment provides finance and leasing products and services to customers and dealers in twenty six countries across North America Europe Australia and South America. It offers retail loans leases dealer inventory financing and full service leasing under the PacLease brand. The segment also manages the sale of used trucks returned from leases and repossessions. In 2025 this segment accounted for roughly eight percent of total net sales and represented fifty one percent of total assets.

PACCAR Inc holds a strong position in the global commercial truck market. In the United States and Canada its Class 8 market share was twenty nine point nine percent and its medium duty market share was fifteen point nine percent in 2025. In Europe the DAF brand achieved a thirteen point five percent share of the heavy duty market and a nine point seven percent share of the light medium duty market. The company faces four principal competitors in the North American Class 8 segment and six principal competitors in the European market. Competitive advantages include a reputation for high quality trucks a diversified product portfolio across three well known nameplates a vertically integrated supply chain for key components long term supplier agreements with major parts providers and a robust dealer network that supports sales and service worldwide.

The company sells its trucks to independent dealers who then serve a broad range of end users including trucking companies owner operators fleet operators and other businesses that require transportation of goods. Its aftermarket parts are sold to the same dealer network and to TRP stores that cater to repair and maintenance needs. The financial services segment provides loans and leases to small medium and large commercial trucking companies independent owner operators and fleet customers seeking financing for equipment acquisition.