---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-104285"
form_type: "8-K"
ticker: "PCAR"
cik: "0000075362"
company_name: "PACCAR INC"
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T01:01:14.748267+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PACCAR records $600M pre-tax charge for European truck antitrust settlements

## Summary
- Non-recurring pre-tax charge of $600M ($446M after-tax) in Q1 2023 from European truck antitrust litigation settlements and judgments.
- Several European courts issued mixed rulings; unfavorable judgments are being appealed; company believes it has meritorious defenses.
- Limitation period for claims expired in most jurisdictions; some settlements reached in Q1 2023.
- Estimate may be adjusted as legal process continues, could materially impact financial results.
- Customer demand and new truck models (Kenworth, Peterbilt, DAF) performing well across markets.

## SEC filing metadata
- accession: 0001193125-23-104285
- form_type: 8-K
- ticker: PCAR
- cik: 0000075362
- company_name: PACCAR INC
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75362/000119312523104285/0001193125-23-104285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75362/000119312523104285/d442732d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-104285
- JSON: https://secwatch.observer/filing/0001193125-23-104285.json
- Plain text: https://secwatch.observer/filing/0001193125-23-104285.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.