Paccar Inc Investor Conference Transcript
(presentation)
Okay, that was a fun video. I think that video does a great job of conveying the pride and emotion that the wonderful people, employees of PACCAR around the world do in creating great products and services that we offer. And it shows a great picture of our bright future.
PACCAR is a global technology leader in the commercial vehicle business. And in 2021, we celebrated 83 consecutive years of profitability. 2021 total revenues were $23.5 billion and net income was $1.85 billion. Our Truck products include medium- and heavy-duty commercial vehicles, diesel engines and other advanced powertrain components. They represent 72% of our total business. Aftermarket parts supports our global network of over 2,200 dealerships and made up 21% of total revenues. And Financial Services was 7% of total sales and had a portfolio of 204,000 vehicles and assets of $15.4 billion.
PACCAR's core strengths are industry-leading quality, applied technology and continuous innovation. These core values form the basis for our broad
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