Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Paccar Inc. - an American company, is the third largest manufacturer of heavy trucks in the world.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Glob.Revenue, mln.USD
23522

The Bellevue, Washington, truck maker is still active in Russia. The company has suspended truck and parts sales in Russia and Belarus to comply with international sanctions, and manages export sales to the country through independent dealers and a third-party-owned warehouse, it said in a regulatory filing. It sold 2,500 trucks into Russia and Belarus last year.

The Company Statement
April 01, 2022

Stop driect sales in Russia but continue selling through thrid-parties

May 25, 2022These U.S. companies are still doing business in Russia
March 31, 2022FORM 10-Q
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