We will send you a confirmation when your video has been approved and published. The shutdown initially was scheduled to last from March 24 until April 6. Paccar again cited weaker outlook for the global economy as a consequence of the coronavirus pandemic.Paccar’s announcement stated, “[The company] will continue to provide aftermarket support to its customers who deliver medical supplies, food and essential infrastructure services to our communities.”950 N Glebe Road Suite 210, Arlington, VA 22203The manufacturer’s North American brands include Peterbilt Motors Co., Kenworth Truck Co. and the MX engine. PACCAR said it will review future actions regularly. Paccar Inc. announced it will extend to April 20 its suspension of truck and engine production at its factories worldwide. It is the second-leading U.S. truck maker based on … Paccar News Releases. PACCAR is halting truck and engine production at its facilities worldwide beginning Tuesday in reaction to the global economic slowdown caused by the coronavirus outbreak. Bellevue, WA – Paccar, makers of Kenworth and Peterbilt commercial vehicles, is extending its ongoing production shutdown at all of its plants worldwide as the fallout from the COVID-19 pandemic worsens. Thanks for sharing!In a message to investors, Paccar cautioned its financial results for the first quarter and the remainder of 2020 “will be impacted by lower production schedules due to changes in customer demand and the impact of government regulations or mandates.”The company’s latest round of production shut downs will last for at least two weeks.“An extension of this measure will depend on further developments,” Daimler indicated.Additionally, Paccar says officials will review future actions on a regular basis.Further, Daimler said, “With these measures, Daimler is helping to protect its workforce, to interrupt chains of infection and to contain the spread of the pandemic. Simply login to your FREE or Premium account and upload your video by pasting the current video URL from YouTube, Vimeo, Ustream, DailyMotion or whichever site your video is hosted on.
Truck and engine production at Denton-based Peterbilt Motors Co. has come to a halt due to COVID-19, its parent company announced this week. In a press release issued Monday evening, the company said it will suspend truck and engine production at its factories worldwide from March 24 until April 6, 2020.
Also on Monday, Daimler, makers of Freightliner and Western Star Trucks, also suspended the “majority” of its production of cars, vans and trucks at its commercial vehicle plants in the U.S., Latin America, Africa and India.Want to share a video with Transportation Nation Network viewers? At the same time, this will help the company to prepare for a period of temporarily lower demand and to protect its financial strength.”Paccar also assured customers and dealers it will continue to provide aftermarket support.The company says it will provide an update on its 2020 outlook and first quarter results during the earnings call scheduled for April 21, 2020.“Paccar’s excellent balance sheet, experienced leadership team and outstanding employees will contribute to the company successfully managing through this difficult period,” said CEO Preston Feight.In a press release issued Monday evening, the company said it will suspend truck and engine production at its factories worldwide from March 24 until April 6, 2020.Last Thursday, Volvo Trucks NA officials confirmed all manufacturing of its vehicles at facilities in Macungie, PA; Dublin, VA; and Hagerstown, MD, had been suspended and will be so until at least March 27. It's easy! In Europe, it makes DAF trucks.Paccar Inc. announced it will extend to April 20 its suspension of truck and engine production at its factories worldwide.
Katherine Khashimova Long Seattle Times business reporter Bellevue-based truck and engine manufacturer Paccar has halted production at its factories worldwide due to … The shutdown, which initially went into effect on March 24, has been extended to April 20 for all of the PACCAR plants worldwide, according to a news release from the company.
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