PACCAR launches European finance business
BELLEVUE, Wash. (August 21, 2001) — PACCAR Inc. announced that it has expanded its financial services business with the establishment of PACCAR Financial Europe to support the sale of DAF and Foden trucks. DAF Trucks had previously provided financing through a joint venture with a Dutch bank.
PACCAR Financial Corp. is the leading finance company in North America for Kenworth and Peterbilt trucks, with over $3.7 billion US in assets.
“The launch of PACCAR Financial Europe establishes PACCAR as one of the global finance leaders for commercial vehicles. The worldwide growth of PACCAR Financial will enable many of PACCAR’s 1,700 dealer locations to offer a complete range of financial services,” said Ken Gangl, PACCAR vice-president.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.