PACCAR Business Update
October 04 2021 - 5:05PM
Business Wire
The ongoing global semiconductor shortage continues to affect
some industries including the automotive sector. The semiconductor
shortage has reduced PACCAR’s truck deliveries in the third quarter
of 2021 by approximately 7,000 vehicles. PACCAR’s third quarter
2021 truck deliveries are estimated to be approximately 33,000
vehicles, compared to 40,100 vehicles delivered in the second
quarter of 2021.
PACCAR anticipates that the semiconductor shortage and
associated production inefficiencies will continue in the fourth
quarter. PACCAR expects global truck production to strengthen when
the supply disruptions are resolved. Global demand for the new
Kenworth, Peterbilt and DAF trucks is very strong.
PACCAR is a global technology leader in the design, manufacture
and customer support of high-quality light-, medium- and heavy-duty
trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR
also designs and manufactures advanced powertrains, provides
financial services and information technology, and distributes
truck parts related to its principal business.
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version on businesswire.com: https://www.businesswire.com/news/home/20211004005949/en/
Ken Hastings (425) 468-7530 ken.hastings@paccar.com
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