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2017 ANNUAL REPORT - paccar.com

2 0 1 7 A N N U A L R E P O R T. S T A T E M E N T O F C O M P A N Y B U S I N E S S. S T O C K H O L D E R S ' I N F O R M A T I O N. paccar is a global technology company that designs and manufactures premium quality light, medium and heavy duty commercial vehicles sold worldwide under Corporate Offices Stock Transfer DAF, EPIQ, Kenmex, paccar Building and Dividend Kenworth, Leyland, the Kenworth, Peterbilt and DAF nameplates. paccar designs and manufactures 777 106th Avenue Dispersing Agent paccar , paccar MX-11, Bellevue, Washington Wells Fargo Bank paccar MX-13, paccar .

4 TO OUR SHAREHOLDERS PACCAR had an excellent year in 2017, generating record revenues and industry-leading operating margins. Revenues climbed to $19.46 billion and net inc

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