GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (WBO:PCAR) » Definitions » Other Liabilities for Banks

PACCAR (WBO:PCAR) Other Liabilities for Banks


View and export this data going back to 2017. Start your Free Trial

What is PACCAR Other Liabilities for Banks?

Other Liabilities (Bank) only applies to banks.


PACCAR Business Description

Address
777-106th Avenue North East, Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium nameplates Kenworth and Peterbilt, which are primarily sold in the Americas and Australia, and DAF, which primarily services Europe and South America. The trucks segment (74% sales) goes to market through a network of 2,200 independent dealers. Paccar maintains an internal finance subsidiary that provides retail and wholesale financing for customers and dealers (6% sales). In recent years, Paccar has aggressively grown its parts business (20% sales), which include engines, axles, and transmissions for its own truck brands as well as independent producers. The company commands approximately 30% of the Class 8 market share in North America and 15% of the heavy-duty market share in Europe.