Paccar says factory production schedules are full for FY23

“Customers are updating their fleets to take advantage of Peterbilt and Kenworth’s industry-leading fuel efficiency and reliability. Our factory production schedules are full for the year,” commented Darrin Siver, PACCAR executive vice president. Class 8 industry retail sales in the U.S. and Canada are estimated to be in a range of 290,000-320,000 trucks this year. “DAF’s innovative range of premium new trucks are generating excellent results for our customers,” shared Harald Seidel, DAF president. “The new, aerodynamic DAF trucks are delivering the highest fuel efficiency in the industry, which reduces customers’ fuel expenses by several thousand dollars per truck per year and is good for the environment. The DAF XF has been honored as Green Truck 2023 in Germany by the leading German trade magazines, for its industry-leading transport efficiency and fuel performance.” European truck industry registrations in the above 16-tonne segment are estimated to be in a range of 300,000-330,000 vehicles this year. Mike Dozier, PACCAR executive vice president, said, “Kenworth and DAF trucks are increasing their market share in the South American market.” The South American above 16-tonne truck market is estimated to be in the range of 105,000-115,000 units this year. DAF Brasil’s market share was 9.2% in the above 16-tonne truck segment in the first six months of this year compared to 6.9% in the same period last year.