PACCAR Announces Increased Second Quarter Revenues and Earnings

ENPNewswire-28 July 2010-PACCAR Announces Increased Second Quarter Revenues and Earnings(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 27072010 - 'PACCAR reported improved revenues and net income for the second quarter of 2010,' said Mark C. Pigott, chairman and chief executive officer. 'Against a backdrop of global truck markets that are only gradually emerging from historically low levels, PACCAR's results reflect the benefits of higher truck and parts sales and improving financial services profits worldwide. Our customers are benefiting from increased freight tonnage, which has resulted in higher fleet utilization rates, resulting in positive gains for our aftermarket parts sales. I am very proud of our 16,000 employees who have delivered superior results to our shareholders in a challenging global business climate.'