About PACCAR
PACCAR is a company based in Bellevue (United States) founded in 1905 by William Pigott.. The company has 30,100 employees as of December 31, 2024. PACCAR has completed 3 acquisitions, including Foden, Leyland Trucks and Truckcenter Hauser. PACCAR offers products and services including Kenworth Trucks, Peterbilt Trucks, PACCAR Financial, and PACCAR Parts. PACCAR operates in a competitive market with competitors including Ford, PlusAI, Proterra, Gatik and BRP, among others.
- Headquarter Bellevue, United States
- Employees 30100 as on 31 Dec, 2024
- Founders William Pigott
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Paccar Inc.
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IPO & Listings of PACCAR
PACCAR is a publicly listed company on the NASDAQ with ticker symbol PCAR in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PACCAR
PACCAR offers a comprehensive portfolio of products and services, including Kenworth Trucks, Peterbilt Trucks, PACCAR Financial, and PACCAR Parts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Heavy-duty trucks for transportation and logistics needs
Trucks designed for freight and industrial applications
Services for truck financing and leasing options
Components and spares for truck maintenance and repair
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Software Development Team
84 people
Leadership Team
43 people
Data Analysis and Operations Team
27 people
Sales and Marketing
23 people
Human Resources and Administration
23 people
Creative and Marketing Team
19 people
Legal and Compliance
16 people
Product Management Team
15 people
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Funding Insights of PACCAR
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $1.3M
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First Round
First Round
(15 Dec 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Grant - PACCAR | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - PACCAR | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - PACCAR | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PACCAR
PACCAR has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DOE and Bund.de. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Energy sources and policies are managed by the DOE.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PACCAR
PACCAR has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Foden, Leyland Trucks and Truckcenter Hauser. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial vehicles are branded and manufactured by Foden.
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1996 | ||||
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Trucks are manufactured by Leyland Trucks in the United Kingdom.
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1993 | ||||
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Truck transportation services are provided from Braunschweig, Germany.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PACCAR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paccar Comparisons
Competitors of PACCAR
PACCAR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ford, PlusAI, Proterra, Gatik and BRP, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Automobiles and commercial vehicles are manufactured by Ford.
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| domain | founded_year | HQ Location |
Self-driving technology for commercial trucks is developed by PlusAI.
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| domain | founded_year | HQ Location |
Electric buses and charging systems are manufactured for fleets.
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| domain | founded_year | HQ Location |
AI-enabled platform offering self-driving delivery trucks and delivery management system
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| domain | founded_year | HQ Location |
Motorized recreational vehicles and power-sports engines are manufactured and distributed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paccar
Frequently Asked Questions about PACCAR
When was PACCAR founded?
PACCAR was founded in 1905 and raised its 1st funding round 116 years after it was founded.
Where is PACCAR located?
PACCAR is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Who is the current CEO of PACCAR?
Ronald Armstrong is the current CEO of PACCAR.
How many employees does PACCAR have?
As of Dec 31, 2024, the latest employee count at PACCAR is 30,100.
What is the annual revenue of PACCAR?
Annual revenue of PACCAR is $33.65B as on Dec 31, 2024.
What does PACCAR do?
PACCAR was founded in 1905 and is headquartered in Bellevue, United States. Medium and heavy-duty commercial vehicles are produced by the company, along with advanced diesel engines. Financial services, information technology solutions, and truck parts distribution are also provided. Operations are maintained worldwide, with annual revenues of 28.82 billion and net profit of 3.01 billion recorded in 2022.
Who are the top competitors of PACCAR?
What products or services does PACCAR offer?
PACCAR offers Kenworth Trucks, Peterbilt Trucks, PACCAR Financial, and PACCAR Parts.
Is PACCAR publicly traded?
Yes, PACCAR is publicly traded on NASDAQ under the ticker symbol PCAR.
How many acquisitions has PACCAR made?
PACCAR has made 3 acquisitions, including Foden, Leyland Trucks, and Truckcenter Hauser.
Who are PACCAR's investors?
PACCAR has 2 investors. Key investors include DOE, and Bund.de.
What is PACCAR's ticker symbol?
The ticker symbol of PACCAR is PCAR on NASDAQ.
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