other material
confidence high
sentiment negative
materiality 0.65
PACCAR says semiconductor shortage cut Q3 truck deliveries by ~7,000 units
PACCAR INC
- Q3 2021 deliveries estimate ~33,000 vehicles, down ~17% from Q2 2021's 40,100.
- Semiconductor shortage reduced deliveries by approximately 7,000 vehicles in Q3.
- Shortage and production inefficiencies expected to continue in Q4 2021.
- Global demand for Kenworth, Peterbilt, and DAF trucks remains very strong.