* Washington - Paccar rides strong truck sales to record second-quarter profit
-- Bellevue-based truck maker Paccar reported a record profit in the second quarter of this year, reflecting increased truck sales, especially in North America and Europe... The company’s quarterly financial report also showed record profit from Paccar parts division and robust results in the company’s financial-services division... Paccar delivered 41,600 trucks from April to June, a 23.4 percent increase compared with the second quarter of 2014. Deliveries in North America for the quarter were up 30.7 percent to 26,800. European deliveries were up almost 26 percent to 11,200 trucks, and other countries, including Mexico, South America and Australia, delivered 3,600 trucks, down 16 percent... Paccar shares were down 12 cents in afternoon trading Tuesday to $64.54, a decline of 0.18 percent...
(Photo: A Peterbilt truck by Paccar) -- Bellevue, WASH, USA - The Seattle Times, by Coral Garnick - July 28, 2015
* Texas - Caterpillar splits with Navistar, will design and build its own vocational trucks in
--The CT680 is Caterpillar’s latest vocational truck model, launched earlier this year in May... Caterpillar has announced a parting of ways with truck maker Navistar, ending a six-year partnership between the two companies that launched the Cat brand into the vocational truck market... Cat has worked with Navistar to design and build its line of vocational trucks, launching the CT660 in 2011, followed by the CT680 and CT681 since then... Beyond more control over the process, Cat customers will likely also appreciate that the move means its trucks will now be manufactured in the U.S.A. ... The CT lineup is currently built in Escobedo, Mexico, but manufacturing will be moved to Cat’s plant in Victoria, Texas... The Victoria plant currently manufactures the company’s excavators. Truck manufacturing is expected to add 200 jobs at the facility... Cat says the transition to Victoria will begin immediately with plans to begin production there in the first half of 2016...
(Photo: The CT680 is Caterpillar's latest vocational truck model, launched earlier this year in May) -- Vicgtoria, TXS, USA - Aggregates Manager, by Bobby Atkinson . July 28, 2015Labels: truckmakers news USA
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