PACCAR(US:PCAR)2024-07-23 18:51Financial Performance - PACCAR achieved revenues of $8.7 billion in the second quarter of 2024 [175] - PACCAR Parts achieved pretax income of $414 million in the second quarter of 2024 [175] - Net income for the second quarter of 2024 was $1.123 billion [259] - PACCAR Financial Services' total assets reached $21.333 billion as of June 30, 2024 [197] - PACCAR achieved $22,500 net income per truck in 2023 [64] Market and Products - Trucking moves 72% of U S freight [78] - PACCAR produced 204,200 trucks in 2023 [42] - New Kenworth T680 features 7% greater fuel economy [21] - DAF's new truck models offer 10% greater fuel efficiency [31] Strategy and Investments - PACCAR has invested $7.8 billion in capital projects, new products, and technologies in the last decade [106] - PACCAR is investing in a battery cell joint venture with a total investment of $2-3 billion and a capacity of 21 GWh [126] - PACCAR has an average dividend yield of 3.8% over the last ten years [76]