PACCAR (PCAR) Tops Q1 EPS by 3c
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PACCAR Achieves Good First Quarter Results
April 26, 2016 8:01 AM EDTStrong European Truck Market Drives Record DAF Share
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR (Nasdaq: PCAR) reported good revenues and operating income for the first quarter of 2016, said Ron Armstrong, chief executive officer. PACCAR benefitted from a favorable truck market in North America and record DAF market share of 16.6% year-to-date in Europe. PACCAR generated increased truck and parts segment margins, and good financial services results worldwide. I am very proud of our 23,000 employees who have delivered industry leading products and services to our customers.
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