PACCAR, makers of Peterbilt, Kenworth and DAF trucks, in late April reported that its parts division had record profits during the first quarter of this year.
First quarter 2025 revenues were a record $1.69 billion compared to $1.68 billion reported in the same period last year.
PACCAR Parts achieved quarterly pretax income of $426.5 million, compared to $455.8 million earned in the first quarter of 2024.
Bryan Sitko, PACCAR vice president and PACCAR Parts general manager, said, “PACCAR Parts provides aftermarket parts and transportation solutions that deliver greater uptime and profitability for our customers. PACCAR Parts’ excellent performance reflects investments in new parts distribution centers (PDCs), TRP all-makes parts and TRP stores, and world-class logistics capabilities.”
According to a statement from the company, PACCAR has produced 1.2 million PACCAR MX engines, leading to a downstream powertrain business opportunity in remanufactured engines.
“PACCAR is investing in a 50,000 sq. ft., $35 million PACCAR engine remanufacturing facility in Columbus, Mississippi,” said Harry Wolters, PACCAR vice president. “This new factory will remanufacture existing PACCAR engines to provide dealers and customers reliable and lower cost powertrains for their current vehicles.”
PACCAR Parts’ 20 global parts distribution centers support more than 2,000 DAF, Kenworth and Peterbilt sales, parts and service locations, and more than 350 TRP stores. These independent dealers provide service to customers, complementing the premium quality of DAF, Kenworth and Peterbilt vehicles.