Fact-check · Oct 6, 2026 · Donald Trump
“They're doing this billion dollar expansion”
MISLEADING
What the record shows
PACCAR's 2024 capital investments were $795.8 million; 2025 projected at $700-$800 million. A $1 billion DAF expansion exists, but Peterbilt capex alone has never reached $1 billion.
Speaker conflates total capex with a single expansion project. PACCAR's annual capex is $700-$800M, not $1B. The $1B figure refers to DAF's European facility, not Peterbilt.
Sources
From: President Trump Delivers Remarks, Oct. 6, 2026
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