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Stockreport

U.S. truck maker Paccar lays off 300 workers in Quebec [Yahoo! Finance Canada]

PACCAR Inc. (PCAR)  More Company Research Source: Yahoo! Finance Canada
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
The factory in Sainte-Thérèse, a Montreal suburb, manufactures Kenworth and Peterbilt trucks and relies heavily on revenue from the United States. Unifor Quebec director Daniel Cloutier calls the cuts “a wake-up call” as the plant risks losing sales south of the border due to the hefty levies on commercial trucks, set to take effect Nov. 1. The factory will likely find itself in competition with other plants owned by Paccar, which can shift production to its facilities in the U.S. In a conference call with analysts this week, chief executive Preston Feight called the sectoral tariffs "a good thing for Paccar's customers," pointing to plants in Texas, Ohio and Washington that could offer a competitive advantage against producers not on American soil. The announcement is the latest in a series of layoffs at the company's Quebec plant, where some 425 workers have already been let go since January. This report by The Canadian Press was first published Oct. 22, 2025. Stéphane [Read more]
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Stockreport

U.S. truck maker Paccar lays off 300 workers in Quebec [Yahoo! Finance Canada]

PACCAR Inc.  (PCAR) 
More Company Research Source: Yahoo! Finance Canada
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
The factory in Sainte-Thérèse, a Montreal suburb, manufactures Kenworth and Peterbilt trucks and relies heavily on revenue from the United States. Unifor Quebec director Daniel Cloutier calls the cuts “a wake-up call” as the plant risks losing sales south of the border due to the hefty levies on commercial trucks, set to take effect Nov. 1. The factory will likely find itself in competition with other plants owned by Paccar, which can shift production to its facilities in the U.S. In a conference call with analysts this week, chief executive Preston Feight called the sectoral tariffs "a good thing for Paccar's customers," pointing to plants in Texas, Ohio and Washington that could offer a competitive advantage against producers not on American soil. The announcement is the latest in a series of layoffs at the company's Quebec plant, where some 425 workers have already been let go since January. This report by The Canadian Press was first published Oct. 22, 2025. Stéphane [Read more]
IMPACT SNAPSHOT
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PCAR
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Price Change %
Volume Shares
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
MAX DOWN
Low:
%
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%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
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TICKS
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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