Paccar profit (DAF,Kenworth ,Peterbilt )dropped by 96%,the third quoter was the worst

Truck manufacturing segment lost money in brutal third quarter

Heavy truck manufacturer Paccar eked out a $13 million third-quarter profit on $2 billion in combined truck and financial service revenue, but its net was down 96 percent from a year earlier and its truck segment lost money.

Combined sales fell 50 percent, with Paccar’s “truck and other” revenue category down 52 percent to $1.8 billion.