“Paccar reported excellent revenues and net income for the first quarter of 2012,” said Mark Pigott, chairman and CEO.
Paccar earned $327.3 million ($.91 per diluted share) for the first quarter of 2012 compared to $193.3 million ($.53 per diluted share) in the first quarter last year. First-quarter 2012 net sales and financial services revenues increased 45 percent to $4.78 billion from $3.28 billion reported for the first quarter of 2011.