Paccar's Trading Volume Drops 33.6% to $217 Million Ranking 408th in Market

On May 6, 2025, Paccar's trading volume was $217 million, a 33.6% decrease from the previous day, ranking 408th in the day's stock market. Paccar (PCAR) fell 0.53%, marking two consecutive days of decline, with a total decrease of 1.02% over the past two days.

Paccar Inc. has announced that it will be holding its annual meeting of shareholders on June 12, 2025. The meeting will be held at the company's headquarters in Bellevue, Washington, and will include discussions on the election of directors, the ratification of auditors, and other important matters.

Paccar Inc. has reported that its Kenworth and Peterbilt truck brands have seen a significant increase in orders for electric vehicles. The company attributes this growth to the increasing demand for sustainable transportation solutions and the availability of government incentives for electric vehicle purchases.

Paccar Inc. has announced that it will be investing $500 million in the expansion of its manufacturing facilities in the United States. The investment will be used to increase production capacity and improve the efficiency of its operations. The company expects the expansion to create over 1,000 new jobs in the region.