In the first quarter of 2009, the company's net sales and financial services revenues were $1.99 billion, compared to $3.94 billion in the first quarter of 2008.

Mark Pigott, chairman and CEO of Paccar, said: "Paccar has reported lower revenues and net income for the first quarter of 2009. Paccar's results reflect the impact of a slower economy on freight shipments and truck purchases worldwide. The first quarter 2009 financial results were negatively impacted by lower build rates, temporary plant shutdowns and reduced gross margins."

A service of YellowBrix, Inc.