DAF-Trucks-NV-HQ-mainbuilding

Profit

DAF Trucks and PACCAR

 

Strong performance for DAF in 2019

Second largest market share in company history

2019 was a good year for DAF Trucks. A market share of 16.2% in the heavy duty (16+ tonne) segment puts DAF in the Top 3 of largest truck manufacturers in Europe. DAF’s share of the market in the light segment grew from 9.0% to 9.7%. In 2019, the European truck market for the 16+ tonne segment totalled 320,000 trucks, more or less the same number as the year before. The market share of 16.2% in the heavy segment is the second highest in the history of DAF.

PACCAR inc. 

PACCAR has been continuously profitable since 1938. PACCAR’s consistent profits and strong cash flow enable the company to invest in its core markets while expanding its presence in emerging markets. PACCAR is well-positioned for long-term growth with investments in new state-of-the-art DAF, Kenworth and Peterbilt vehicles, durable PACCAR engines, innovative aftermarket parts and service capabilities, factory enhancements, and truck technologies that increase vehicle fuel-efficiency and reliability.