DAF moves ahead

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DAF is increasing its production rates in Europe following a strong year in 2006. Aad Goudriaan, Paccar vice president and DAF president, said that in 2006 DAF increased its full-year European market share to a record 14.5 per cent.
“Business confidence indicators are high and growth is increasing in Western and Central Europe. As a result, industry truck sales in Europe above 15 tonnes continue to be strong and should be at least comparable to 2006 at 265,000-280,000 units. “DAF’s long-term goal is to achieve over 20 per cent market share.”
Parent company Paccar reported record first quarter net income of $365.6 million.

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