BELLEVUE,
Wash. -- PACCAR has reported "good" earnings and
revenues for the third quarter and first nine months of 2008.
PACCAR
earned $299 million (82 cents per diluted share) for the third quarter of 2008
compared to $302.3 million (81 cents per diluted share) earned in the third
quarter last year. Third quarter net sales and financial services revenues were
$4 billion. Net sales and financial services revenues for the first nine months
of 2008 were $12.06 billion. PACCAR reported nine-month net income of $904.8
million ($2.47 per diluted share), compared to $966.2 million ($2.58 per
diluted share) in 2007.
“PACCAR’s
financial strength, global diversification, high-quality products and strong
distribution network are critical elements that contribute to its profitable
results, especially in an uneven economy,” said Mike Tembreull, PACCAR vice
chairman.