Paccar CEO sees tariffs affect fleet buying pattern

May 09, 2025 at 10:42 AM CST
As trucking companies make decisions about their truck purchases amid economic uncertainty and tariffs, Paccar “is really well positioned,” with its footprint in North America, according to Feight. Paccar has a Peterbilt factory in Denton, Texas, a Kenworth plant in Chillicothe, Ohio, and a Renton, Washington plant. Paccar considers those locations as the principal three Class 8 truck plants that it uses for U.S. production, according to Feight. “We are an American company that builds our trucks in the markets for the markets,” Feight said. Still, Paccar has components that come into those factories from suppliers in other countries and “we don’t know how they would be affected” by tariffs, he said.

May 09, 2025 at 10:42 AM CST

As trucking companies make decisions about their truck purchases amid economic uncertainty and tariffs, Paccar “is really well positioned,” with its footprint in North America, according to Feight.

Paccar has a Peterbilt factory in Denton, Texas, a Kenworth plant in Chillicothe, Ohio, and a Renton, Washington plant. Paccar considers those locations as the principal three Class 8 truck plants that it uses for U.S. production, according to Feight.

“We are an American company that builds our trucks in the markets for the markets,” Feight said. Still, Paccar has components that come into those factories from suppliers in other countries and “we don’t know how they would be affected” by tariffs, he said.