Increasing Global Truck Deliveries and Record PACCAR Parts Profits Drive Results
“PACCAR reported good revenues and net income for the first quarter of 2017,” said Ron Armstrong, chief executive officer. “PACCAR benefited from increasing truck production in North America and Europe, as well as record quarterly PACCAR Parts pretax profits. I am very proud of our 23,000 employees who have delivered industry leading products and services to our customers.”
DAF is introducing the new generation CF and XF trucks, which set a new standard in transport efficiency and driver comfort. Engine innovations, new drivelines and aerodynamic optimizations result in an up to 7% lower fuel consumption. The new DAF Connect fleet management system will drive even larger efficiency gains. The new generation CF and XF also feature lower weight for increased payload and an updated interior and exterior design for the highest driver comfort and greatest appeal. These excellent new trucks provide our customers with the lowest operating cost and the highest uptime.
2016 marks growth in major markets
DAF Trucks increased its European market position in 2016. Market share in the heavy segment (16 tons+) grew by a significant 0.9% to 15.5%. DAF strengthened its position in almost all European countries and holds market leadership in The Netherlands, United Kingdom, Poland, Hungary and Bulgaria.
Increased Market Share and Strong European Truck Market Drive Results
“PACCAR reported very good annual revenues and profitability in 2016. PACCAR achieved its 78th consecutive year of net income,” said Ron Armstrong, chief executive officer. “PACCAR’s financial results reflect the company’s premium-quality products and services, increased European truck deliveries, higher truck market share, and good aftermarket parts and PACCAR Financial Services results. I am very proud of our 23,000 employees who have delivered outstanding products and services to our customers.”
DAF Trucks and PACCAR Parts present the brand-new ‘TRP eCatalogue’. As well as carrying a total of more than 70,000 parts for all makes of trucks and trailers, the online catalogue is now also available in no fewer than 17 languages.
DAF Trucks is the market-leading European brand
DAF Trucks is experiencing impressive growth in Taiwan. The 5,000th truck has rolled off the assembly line less than ten years after it opened in Dadu. With a market share of almost 30% in the 12 ton+ segment, in Taiwan DAF is the undisputed market leader among non-Asian truck brands.
DAF LF, DAF CF ánd DAF Trucks awarded by UK transport industry
DAF Trucks collected three prestigious awards at the 2016 Commercial Fleet Awards ceremony: next to DAF Trucks being awarded ‘Truck Fleet Manufacturer of the Year’, the DAF LF-series was voted 'Best Urban Delivery Truck' and the DAF CF-series won the 'Best Distribution Truck' Award. It is for the second year in a row DAF Trucks scoops the Commercial Fleet Award for both the LF-series as well as for ‘Truck Fleet Manufacturer of the Year’.
DAF Trucks presents a completely new High Gear clothing line, complemented by elegant accessories and gadgets for anyone with a DAF heart.
DAF Trucks received a prestigious Irish Truck of the Year category award at the 2017 Fleet Transport Awards in Dublin. The versatile CF distribution truck with the state of the art PACCAR PX-7 engine was named the Irish Truck of the Year in the ‘Distribution – Heavy Duty Rigid’ category. The prize was awarded at the 10th anniversary of the Fleet Transport Awards Gala Dinner.
Increases Truck Market Share in Major Markets
“PACCAR reported good revenues and net income for the third quarter of 2016,” said Ron Armstrong, chief executive officer. “PACCAR’s third quarter results reflect strong truck markets in Europe, increased heavy-duty truck market share in North America and Europe, and good aftermarket parts and financial services results worldwide. I am very proud of our 23,000 employees who have delivered industry-leading products and services to our customers.”