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Company Directory - PACCAR Inc

Company Details - PACCAR Inc

PACCAR Inc Logo

PACCAR Inc

Website

Bellevue, United States

NASDAQ: PCAR 

ISIN: US6937181088

42 Locations

PACCAR Inc is a global leader in the design and manufacturing of high-quality trucks and related technologies. The company provides advanced trucks and aftermarket support, promoting superior vehicle performance and customer satisfaction.

CCI Score

CCI Score: PACCAR Inc

18.00

-0.07%

Latest Event

PACCAR Inc Political Finance & Lobbying Profile

An OpenSecrets profile details PACCAR Inc's involvement in political finance for the 2024 cycle, with contributions totaling $104,414 and lobbying expenditures of $640,000. The data also reveals that all PACCAR Inc lobbyists in 2023 previously held government positions, raising concerns over a revolving door and potential regulatory capture.

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SABOTEUR

PACCAR Inc is currently rated as a Saboteur.

+10 to +24 CCI Score
Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

  • PACCAR Inc Political Finance & Lobbying Profile Logo
    FEB
    06
    2025

    An OpenSecrets profile details PACCAR Inc's involvement in political finance for the 2024 cycle, with contributions totaling $104,414 and lobbying expenditures of $640,000. The data also reveals that all PACCAR Inc lobbyists in 2023 previously held government positions, raising concerns over a revolving door and potential regulatory capture.

  • -40

    Political Contributions and Lobbying Efforts

    April 30

    The data showing PACCAR Inc's political contributions and substantial lobbying activity, combined with the fact that all its lobbyists have held previous government roles, suggests a concerning level of political entanglement and potential regulatory capture. This revolving door between government and corporate lobbying raises red flags from an anti-authoritarian perspective.

    Paccar Inc Profile: Summary

  • PACCAR Strengthens Supply Chain Transparency Logo
    JAN
    01
    2025

    PACCAR's Supplier Code of Conduct, highlighted under the California Transparency in Supply Chains Act, prohibits forced labor and mandates supplier compliance with labor laws regarding working conditions, minimum employment age, and fair compensation. This measure underscores the company's commitment to ethical supply chain practices and supports anti-authoritarian labor standards.

  • +80

    Supply Chain Ethics

    January 1

    The article details PACCAR's clear policy in its Supplier Code of Conduct to prohibit forced labor and trafficking, ensuring adherence to labor laws and ethical supply practices. This proactive approach aligns with anti-authoritarian values by combating modern slavery and protecting workers.

    California Transparency in Supply Chains Act

  • PACCAR Publishes Supplier Code of Conduct for Ethical Business Practices Logo
    NOV
    01
    2024

    In November 2024, PACCAR released its Supplier Code of Conduct outlining rigorous standards for ethical business conduct. The document mandates that suppliers and sub-suppliers adhere to strict guidelines covering labor and human rights, environmental safeguards, responsible sourcing, and supply chain transparency, reinforcing the company’s commitment to fair labor practices and ethical supply chain operations.

  • +60

    Labor Relations and Human Rights Practices

    April 30

    The Supplier Code of Conduct includes detailed guidelines that promote fair labor practices, non-discrimination, and respect for human rights across PACCAR's supply chain. This proactive measure supports worker rights and aligns with anti-fascist values by safeguarding vulnerable workers from exploitative practices.

    PDF Supplier Code of Conduct - paccar.com

  • +60

    Supply Chain Ethics

    April 30

    The code enforces strict ethical sourcing, transparency, and environmental standards across its supply chain. By requiring comprehensive compliance from suppliers and sub-suppliers, PACCAR actively reduces the risk of human rights violations and environmental harm, reinforcing ethical business practices.

    PDF Supplier Code of Conduct - paccar.com

  • PACCAR Implements Robust Supply Chain and Labor Protections Under Canada Supply Chains Act Logo
    MAY
    20
    2024

    PACCAR Inc, through its subsidiary PACCAR of Canada, released its report detailing compliance with the Canada Supply Chains Act. The report outlines stringent supplier conduct, mandatory training on forced and child labour prevention, and rigorous due diligence processes to ensure ethical supply chain management and labor practices.

  • +70

    Labor Relations and Human Rights Practices

    April 30

    PACCAR's policies, including a strict Supplier Code of Conduct and mandatory training on human rights, indicate a strong commitment to labor rights and worker protection. These actions align with progressive and anti-authoritarian labor practices.

    Canada Supply Chains Act | PACCAR Inc

  • +70

    Supply Chain Ethics

    April 30

    The report highlights robust supply chain due diligence and ethical sourcing standards for suppliers, ensuring compliance with human rights laws. This proactive approach mitigates the risk of forced and child labour across PACCAR's supply chains.

    Canada Supply Chains Act | PACCAR Inc

  • PACCAR Board Opposes Enhanced Lobbying Transparency Logo
    APR
    19
    2024

    Investors, led by Calvert Research, pressed for an annual report on PACCAR's lobbying and policy efforts aligned with the Paris Agreement. Nevertheless, PACCAR’s board recommended shareholders vote against the proposal, defending its current reporting practices and claiming that the company is already a global environmental leader.

  • -40

    Executive Political Engagement

    April 30

    PACCAR’s board decision to oppose the enhanced transparency measures for lobbying and environmental reporting suggests a resistance to accountability over its political influence. By advising shareholders to vote against the proposal, the company avoids increased scrutiny of its lobbying practices—a move that undermines corporate transparency essential for democratic accountability.

    Paccar opposes renewed push for environmental reporting

  • Paccar Inc. Joins EV Battery Joint Venture Logo
    SEP
    06
    2023

    Paccar Inc. has partnered with Cummins, Daimler, and other companies in a joint venture to establish a U.S. EV battery plant. The project, estimated to cost $2-3 billion for a 21-gigawatt hour capacity facility, aims to create domestic jobs, boost sustainable manufacturing, and advance green technology in battery production.

  • +70

    Economic and Structural Influence

    April 30

    This joint venture supports domestic economic growth and job creation by building a U.S. EV battery plant. It aligns with progressive policies of bolstering domestic manufacturing, reducing reliance on foreign supply chains, and promoting decarbonization, all of which undermine authoritarian economic dependency.

    Daimler, Cummins and Paccar Partner on EV Battery Plant

  • +60

    Technology and Services Impact

    April 30

    The project advances technological innovation through the development of advanced battery cell production. By investing in sustainable and cutting-edge energy technology, Paccar contributes to a greener industrial future, enhancing resilience against authoritarian practices that often benefit from outdated and oppressive technologies.

    Daimler, Cummins and Paccar Partner on EV Battery Plant

  • PACCAR Opposes Strengthening EPA Emissions Standards Logo
    JUN
    15
    2023

    Analysis from InfluenceMap revealed that in June 2023, PACCAR, along with other truck manufacturers, opposed increasing the ambition of existing Phase 2 emissions standards during the EPA public comment period, an action that contributed to weakening environmental regulations aimed at reducing truck-related diesel pollution.

  • -40

    Political Contributions and Lobbying Efforts

    April 30

    PACCAR's opposition to strengthening emissions standards demonstrates active lobbying against progressive environmental regulation. This attempt to delay or dilute strict EPA measures not only undermines public health by allowing higher diesel pollution but also aligns with broader fossil-fuel industry interests, reflecting a negative impact on environmental justice.

    New Research Shows Corporate Advocacy to Weaken the EPA Clean Trucks Plan

  • PACCAR Expands Hydrogen Fuel Cell Truck Collaboration with Toyota Logo
    MAY
    02
    2023

    On May 2, 2023, PACCAR and Toyota Motor North America announced an expansion of their joint efforts to develop and commercialize zero emissions, hydrogen fuel cell-powered Kenworth and Peterbilt trucks, with initial deliveries planned for 2024. This builds on previous pilot programs and advances the use of sustainable fuel cell technology in heavy-duty trucks.

  • +70

    Business Practices and Ethical Responsibility

    April 30

    The collaboration expansion demonstrates PACCAR's commitment to sustainable business practices by investing in zero-emissions technology and reducing environmental impact. This move aligns with progressive values around environmental responsibility and corporate ethical behavior.

    PACCAR and Toyota Expand Hydrogen Fuel Cell Truck Collaboration to Include Commercialization

  • +80

    Technology and Services Impact

    April 30

    The initiative leverages advanced hydrogen fuel cell technology to develop state-of-the-art zero-emission heavy-duty trucks. The technological innovation not only strengthens PACCAR's industry leadership but also contributes to a sustainable future, inherently opposing regressive, fossil-fuel reliant models that often support authoritarian corporate practices.

    PACCAR and Toyota Expand Hydrogen Fuel Cell Truck Collaboration to Include Commercialization

  • PACCAR Board Opposes Environmental Lobbying Transparency Proposal Logo
    APR
    05
    2023

    PACCAR's board of directors has strongly opposed a shareholder proposal—initiated by Calvert Research and Management—to publicly disclose how the company's lobbying activities align with the Paris Agreement. The board claimed that PACCAR’s current sustainability efforts and environmental scorecards sufficiently demonstrate its commitment, urging shareholders to vote against the disclosure measure at the upcoming annual meeting on April 25, 2023.

  • -50

    Political Contributions and Lobbying Efforts

    April 30

    The company’s board dismissed a call for increased transparency in its environmental lobbying activities. This action undermines corporate accountability and hampers efforts for stakeholders and investors to make informed decisions regarding the company's role in influencing environmental policy, which is critical in today’s politically charged and climate-sensitive environment.

    Paccar, investor clash over environmental lobbying disclosures

  • Strategic Equity Investment in Connected Truck Technology Logo
    MAR
    30
    2023

    On March 30, 2023, PACCAR announced a minority equity investment in its connected truck partner, Platform Science, aimed at integrating Virtual Vehicle technology with the PACCAR Connect telematics system. This initiative is designed to offer enhanced connectivity, real‐time vehicle data, and streamlined telematics solutions to improve customer productivity and operational efficiency.

  • +20

    Technology and Services Impact

    April 30

    PACCAR's investment into Platform Science and the integration of advanced telematics represents a proactive embrace of technology that improves connectivity and transparency. This forward-thinking approach enhances service quality and operational efficiency without facilitating oppressive surveillance, aligning with progressive, anti-authoritarian business practices.

    PACCAR and Platform Science Announce Strategic Equity Investment

Corporate Financials

Revenue
2025
$23.69B
Total Assets
2025
$18.67B
Operating Income
2025
$2.48B
Total Equity
2025
$8.23B

Employees: 29,000

Industries

336120
Heavy Duty Truck Manufacturing
336211
Motor Vehicle Body Manufacturing
336111
Automobile Manufacturing