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Seattle Bubble Forum Archive • View topic - big layoff at Renton truck manufacturer Paccar

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big layoff at Renton truck manufacturer Paccar

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big layoff at Renton truck manufacturer Paccar

Postby The Tim » Fri Nov 14, 2008 12:26 pm

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Re: big layoff at Renton truck manufacturer Paccar

Postby WestSideBilly » Fri Nov 14, 2008 1:21 pm

Trucks are very cyclical to begin with, and 2005-2006 were flagship years as every major fleet bought pre-2007 emissions models. Everyone in the industry knew 2007-2010 were going to be bad, no matter what the general economy did.

Also, Paccar also has Peterbilt (in Texas) and DAF (Europe), so this isn't pure capitulation.
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