"PACCAR reported higher revenues and net income for the first quarter of 2014,” said Ron Armstrong, chief executive officer. “PACCAR’s truck segment results improved compared to last year reflecting the benefits of stronger industry truck sales in North America. PACCAR also generated good aftermarket sales and financial services results. I am very proud of our 21,700 employees who have delivered industry leading products and services to our customers worldwide.”
PACCAR earned $273.9 million ($.77 per diluted share) for the first quarter of 2014 compared to $236.1 million ($.67 per diluted share) in the first quarter last year. First quarter 2014 net sales and financial services revenues were $4.38 billion compared to $3.92 billion reported for the first quarter of 2013.
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