Product Planning Intern
About the job
- Currently enrolled in an undergraduate or graduate program pursuing a degree in Business, Marketing, Engineering, or another related field.
- Strong interest in the trucking industry and product planning.
- Strong analytical skills and the ability to use data to inform product decisions.
- Ability to work in a fast-paced, deadline-driven environment.
- Proficiency in Microsoft Office.
- Knowledge of or some experience in Human Centered Design.
- Ability to interact effectively with managers, co-workers, and customers.
- Assist in conducting market research to understand customer needs and identify opportunities for new products or product improvements.
- Collaborate with cross-functional teams, including research and development, marketing, sales, and operations, to help ensure successful product development and launch.
- Monitor and analyze market trends, competition, and customer feedback to inform product decisions.
- Assist in developing a forecasting tool.
- Learn about the product development life cycle and process, including design, prototyping, and testing.
- Assist with planning and implementing customer-focused research events.
- Junior or senior standing is preferred.
Company Information
PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium-, and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced diesel engines, provides financial services and information technology, and distributes truck parts related to its principal business.
Kenworth Truck Company: Kenworth Truck Company, founded in 1923, is the manufacturer of The World’s Best® heavy and medium duty trucks. With an excellent heritage of quality, innovation and technology, Kenworth has played an essential role in the development of trucks that are more fuel efficient, productive, and economical to operate. Today, Kenworth is leading transportation innovation with the introduction of battery-electric vehicles, exploration of fuel cell electric powertrains, and autonomous driving systems. Kenworth is committed to fostering an environment of diversity, equality and inclusivity in the workplace.
Requisition Summary
Kenworth Division of PACCAR is looking for a highly motivated individual who is interested in gaining professional Product Planning experience in an industry-leading manufacturing company to join our internship Program in Kirkland, WA.
Internships are scheduled to begin May or June 2027
Internships include unique learning opportunities such as:
- Learn first-hand from the industry’s top professionals
- Work directly with Managers and Senior Managers
- Develop mentoring relationships with leaders
- Gain valuable hands-on experience
- Expand your professional network
Internships are scheduled to begin in May or June 2027
Job Functions / Responsibilities
This position will be working on various projects and reports to include but not limited to:
- Assist in conducting market research to understand customer needs and identify opportunities for new products or product improvements
- Collaborate with cross-functional teams, including R&D, marketing, sales, and operations, to help ensure successful product development and launch
- Monitor and analyze market trends, competition, and customer feedback to inform product decisions
- Assist in the development of a forecasting tool
- Learn about the product development life cycle and product development process, including design, prototyping, and testing.
- Assist with the planning and implementation of customer-focused research events
Skills / Competencies
- Strong interest in the trucking industry and product planning
- Strong analytical skills and ability to use data to inform product decisions
- Must be able to work in a fast-paced, deadline-driven environment
- Proficient in Microsoft Office
- Excellent verbal and written communication
- Knowledge of or some experience in Human Centered Design
- Comfortable and effective in interacting with managers, co-workers, and customers
- Strong professionalism
Education
Currently enrolled in an undergraduate or graduate program pursuing a degree in Business, Marketing, Engineering, or other related fields
- Junior or senior standing preferred
Intern Benefits
As a U.S. PACCAR intern, you have a full range of benefit options, including:
- Competitive salary and 401k with up to a 5% company match
- Medical, dental, and vision plans for you and your family
- Sick Leave
- Flexible spending accounts (FSA) and health savings accounts (HSA)
- EAP services: including wellness plans, estate planning, financial counseling, and more
- Global Fortune 500 company with a wide array of growth, training, and development opportunities
- Work alongside experienced goal-oriented colleagues recognized as experts in their field
Additional Job Board Information
At PACCAR, we value talent and promote growth and development. We carefully consider numerous compensation factors, including your education, training, or experience. The salary range for internship positions is $25 an hour for undergraduate students and $30 an hour for graduate students. Additionally, this role is eligible for a range of benefit options listed above.
PACCAR is an Equal Opportunity Employer/Protected Veteran/Disability and E-Verify Employer.
About the company
PACCAR designs and builds medium- and heavy-duty trucks for freight carriers, builders and other fleet operators, selling them under three brands: Kenworth and Peterbilt in North America and DAF in Europe and beyond. Its trucks haul long-distance freight, make local deliveries and work on construction and logging sites, and they are sold and serviced through independent dealers worldwide. The company makes most of its money selling trucks, and it also earns steady revenue from selling replacement parts and from loans and leases to truck buyers. PACCAR traces its roots to a Seattle rail car maker founded in 1905 and is based in Bellevue, Washington.
Company Size
10,001+
Company Stage
IPO
Headquarters
Bellevue, Washington
Founded
1905
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Simplify's Take
What believers are saying
- Margins are improving: April to June 2026 net income rose to $752 million while revenue held near $7.55 billion.
- Parts cushion truck cycles: PACCAR Parts posted record revenue of $1.75 billion and $417 million pretax profit in Q2 2026.
- Engineers get funded work: in July 2026, PACCAR budgeted up to $480 million for diesel, hybrid and electric powertrain R&D.
What critics are saying
- Factory jobs swing with demand: PACCAR cut 300 more jobs at its Quebec truck plant in October 2025.
- Its core market is cyclical: US and Canada heavy truck sales fell 13% to 233,000 in 2025, PACCAR reported.
- Supplier flaws reach customers: PACCAR recalled 5,919 Kenworth and Peterbilt trucks built in June and July 2026 for electrical faults.
What makes Paccar unique
- Profits survive truck slumps: 2025 was PACCAR's 87th straight year of net profit, a streak dating to 1939.
- In-house engines: PACCAR diesels powered nearly all DAF and 29% of North American Kenworth and Peterbilt heavy trucks in 2025.
- Its parts network is global: 21 PACCAR distribution centers and over 350 TRP parts stores serve 99 countries.
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Benefits
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Disability Insurance
- 401(k) Company Match
- 401(k) Retirement Plan
- Paid Vacation
- Paid Sick Leave
- Paid Holidays
- Tuition Reimbursement
- EAP services including wellness plans, estate planning, financial counseling and more
Company News
PACCAR's shares fell 0.6% to about $103.73 after the truck maker reported strong third-quarter results. The stock has dropped about 22.5% over the past three months. Revenue rose about 19% to $7.94 billion from $6.67 billion a year earlier. Net income climbed about 44% to $847.5 million, or $1.61 a share, helped by firm pricing and solid parts and financial services results. Parts revenue hit a record $1.78 billion. PACCAR Connect, its connected services platform, now has a 2027 launch date. The company delivered 40,100 trucks in the quarter and guided to 41,000 to 43,000 for the fourth quarter. It commits $450 million to $480 million a year to new powertrains, connected platforms, and autonomy, though autonomous trucking has shown no material revenue yet.
What PACCAR (PCAR) said on its Q3 earnings call. PACCAR (NASDAQ:PCAR) reported third-quarter 2026 revenue of $7.94 billion and net income of $847.5 million, representing year-over-year increases of 19% and 44%, respectively, as the truck maker cited strong customer demand, improved pricing and record parts revenue. Chief Executive Officer Preston Feight said the company delivered 40,100 trucks in the quarter, though supply constraints modestly affected production. PACCAR expects suppliers to improve their ability to support higher industry build rates in the fourth quarter and projected deliveries of 41,000 to 43,000 trucks. "All you have to do is miss a single part on a truck and it becomes impactful," Feight said, adding that the company is working closely with suppliers and has made progress toward supporting higher fourth-quarter output. Margins remain high despite production costs. PACCAR's third-quarter trucks, parts and other gross margin was 14.5%. The company expects fourth-quarter gross margins to remain in a range of 14% to 15%. Feight said fourth-quarter margins will reflect higher production costs and inefficiencies associated with supply availability, even as truck pricing remains strong. He said price-cost remained favorable during the quarter, primarily because of favorable truck price realization. The company said tariffs were not material to its quarterly financial performance. Feight said PACCAR continued to incur certain tariff costs on imports while also receiving some benefits, but characterized the overall impact as part of the normal business mix rather than a one-time gain. Truck market outlook points to 2027 growth. PACCAR estimates the U.S. and Canadian Class 8 market will total 240,000 to 260,000 trucks in 2026 and expand to a range of 240,000 to 280,000 trucks in 2027. The company cited economic growth, infrastructure investment and an improving freight market as drivers of demand. For Europe, PACCAR forecasts the above-16-ton market at 300,000 to 320,000 units in both 2026 and 2027. The South American above-16-ton market is expected to reach 100,000 to 105,000 vehicles this year and increase to 105,000 to 115,000 next year. Feight said customer discussions indicate fleets prefer proven 200-milligram engine technology as they assess the cost of future lower-NOx platforms. Customers are beginning to place orders for 2027, though order activity could increase once nonconformance penalty, or NCP, levels associated with emissions regulations are finalized. "Every customer we meet with is much more interested in proven, stable technology that they've had time to vet in their operations," Feight said. The company expects uncertainty surrounding NCP levels to be most relevant early in 2027, with greater clarity potentially supporting demand later in the year. Feight said PACCAR expects a decision within four to eight weeks, though the timing remains uncertain. Parts business posts record revenue. PACCAR Parts generated record quarterly revenue of $1.78 billion. President Kevin Baney attributed the result to investments in parts distribution, growth in the TRP all-makes brand, transportation solutions and additional dealer retail locations. The company expects continued parts growth in the fourth quarter and said it remains on track for its previously forecast 3% to 5% full-year growth range. Baney said the parts business has increased market share and grown its share of wallet with customers despite a constrained parts market. Management said customers have faced elevated operating costs, including higher diesel prices, while some trucks have been sidelined by CDL enforcement activity. Those dynamics have deferred certain maintenance purchases and affected the product mix, rather than reflecting heightened pricing competition, according to Baney. * PACCAR Financial Services reported pretax income of $138 million, up 9.4% from a year earlier, supported by stable finance margins and higher used-truck pricing. * The company generated $2.5 billion in cash from operations through the first nine months of 2026, Chief Financial Officer Brice Poplawski said. * Capital expenditures are projected at $650 million to $700 million in both 2026 and 2027. * Research and development expense is expected to be $440 million to $460 million in 2026 and $460 million to $500 million in 2027. Connected vehicle and autonomous initiatives. PACCAR recently introduced PACCAR Connect, a transportation technology platform designed to integrate fleet telematics, truck data, customer productivity applications, Apple CarPlay and electronic driver logs into a single vehicle display system. Feight said the platform could reduce the need for customers to install third-party telematics hardware, while creating opportunities for PACCAR to offer applications, predictive maintenance capabilities and dealership-connected service solutions. Baney said the system can help PACCAR remain connected with customers throughout the operating cycle of their vehicles. On autonomous trucking, Feight said PACCAR is developing a proprietary autonomous vehicle platform intended to facilitate factory integration of autonomous systems. He said the company's approach prioritizes safety, validation and gradual deployment in specific lanes and operating conditions, working with partners including Stack AV and Aurora. "It's got to be a win for our customers, it's got to be a win for the developers, and it's got to be a win for PACCAR," Feight said. About PACCAR (NASDAQ:PCAR). PACCAR Inc (NASDAQ: PCAR) is a global manufacturer of heavy- and medium-duty trucks. Through its Kenworth, Peterbilt and DAF brands, the company produces vehicles used for long-haul transportation, construction, distribution and other commercial applications. PACCAR also manufactures PACCAR-branded engines and provides related parts and aftermarket support. The company's operations extend across North America, Europe, South America, Australia and other international markets. In addition to truck manufacturing, PACCAR operates a worldwide parts distribution network and offers financial services, including retail financing and leasing for trucks and related equipment.
What PACCAR (PCAR) said on its Q3 earnings call. October 27, 2026 Key points. * PACCAR delivered strong Q3 results: Revenue rose 19% year over year to $7.94 billion, while net income increased 44% to $847.5 million, supported by demand, pricing and record parts revenue. * Production and margins remain resilient despite supply constraints: PACCAR delivered 40,100 trucks and expects 41,000-43,000 in Q4, with gross margins projected at 14%-15%. Tariffs had no material impact on quarterly results. * Management sees potential market growth ahead: PACCAR forecasts expansion in the North American Class 8 market in 2027, while its parts business continues to grow and the company advances connected-vehicle and autonomous-trucking initiatives. * Tracking PACCAR through earnings season? MarketBeat All Access sends real-time alerts on ratings, earnings, and news - $149 a year, locked in for as long as you stay. PACCAR NASDAQ: PCAR reported third-quarter 2026 revenue of $7.94 billion and net income of $847.5 million, representing year-over-year increases of 19% and 44%, respectively, as the truck maker cited strong customer demand, improved pricing and record parts revenue. Chief Executive Officer Preston Feight said the company delivered 40,100 trucks in the quarter, though supply constraints modestly affected production. PACCAR expects suppliers to improve their ability to support higher industry build rates in the fourth quarter and projected deliveries of 41,000 to 43,000 trucks. "All you have to do is miss a single part on a truck and it becomes impactful," Feight said, adding that the company is working closely with suppliers and has made progress toward supporting higher fourth-quarter output. Margins remain high despite production costs. PACCAR's third-quarter trucks, parts and other gross margin was 14.5%. The company expects fourth-quarter gross margins to remain in a range of 14% to 15%. Feight said fourth-quarter margins will reflect higher production costs and inefficiencies associated with supply availability, even as truck pricing remains strong. He said price-cost remained favorable during the quarter, primarily because of favorable truck price realization. The company said tariffs were not material to its quarterly financial performance. Feight said PACCAR continued to incur certain tariff costs on imports while also receiving some benefits, but characterized the overall impact as part of the normal business mix rather than a one-time gain. Truck market outlook points to 2027 growth. PACCAR estimates the U.S. and Canadian Class 8 market will total 240,000 to 260,000 trucks in 2026 and expand to a range of 240,000 to 280,000 trucks in 2027. The company cited economic growth, infrastructure investment and an improving freight market as drivers of demand. For Europe, PACCAR forecasts the above-16-ton market at 300,000 to 320,000 units in both 2026 and 2027. The South American above-16-ton market is expected to reach 100,000 to 105,000 vehicles this year and increase to 105,000 to 115,000 next year. Discover more MarketBeat All Access MarketBeat Research Tools Feight said customer discussions indicate fleets prefer proven 200-milligram engine technology as they assess the cost of future lower-NOx platforms. Customers are beginning to place orders for 2027, though order activity could increase once nonconformance penalty, or NCP, levels associated with emissions regulations are finalized. "Every customer we meet with is much more interested in proven, stable technology that they've had time to vet in their operations," Feight said. The company expects uncertainty surrounding NCP levels to be most relevant early in 2027, with greater clarity potentially supporting demand later in the year. Feight said PACCAR expects a decision within four to eight weeks, though the timing remains uncertain. Parts business posts record revenue. PACCAR Parts generated record quarterly revenue of $1.78 billion. President Kevin Baney attributed the result to investments in parts distribution, growth in the TRP all-makes brand, transportation solutions and additional dealer retail locations. The company expects continued parts growth in the fourth quarter and said it remains on track for its previously forecast 3% to 5% full-year growth range. Baney said the parts business has increased market share and grown its share of wallet with customers despite a constrained parts market. Management said customers have faced elevated operating costs, including higher diesel prices, while some trucks have been sidelined by CDL enforcement activity. Those dynamics have deferred certain maintenance purchases and affected the product mix, rather than reflecting heightened pricing competition, according to Baney. * PACCAR Financial Services reported pretax income of $138 million, up 9.4% from a year earlier, supported by stable finance margins and higher used-truck pricing. * The company generated $2.5 billion in cash from operations through the first nine months of 2026, Chief Financial Officer Brice Poplawski said. * Capital expenditures are projected at $650 million to $700 million in both 2026 and 2027. * Research and development expense is expected to be $440 million to $460 million in 2026 and $460 million to $500 million in 2027. Connected vehicle and autonomous initiatives. PACCAR recently introduced PACCAR Connect, a transportation technology platform designed to integrate fleet telematics, truck data, customer productivity applications, Apple CarPlay and electronic driver logs into a single vehicle display system. Feight said the platform could reduce the need for customers to install third-party telematics hardware, while creating opportunities for PACCAR to offer applications, predictive maintenance capabilities and dealership-connected service solutions. Baney said the system can help PACCAR remain connected with customers throughout the operating cycle of their vehicles. On autonomous trucking, Feight said PACCAR is developing a proprietary autonomous vehicle platform intended to facilitate factory integration of autonomous systems. He said the company's approach prioritizes safety, validation and gradual deployment in specific lanes and operating conditions, working with partners including Stack AV and Aurora. "It's got to be a win for our customers, it's got to be a win for the developers, and it's got to be a win for PACCAR," Feight said. About PACCAR (NASDAQ:PCAR). PACCAR Inc NASDAQ: PCAR is a global manufacturer of heavy- and medium-duty trucks. Through its Kenworth, Peterbilt and DAF brands, the company produces vehicles used for long-haul transportation, construction, distribution and other commercial applications. PACCAR also manufactures PACCAR-branded engines and provides related parts and aftermarket support. The company's operations extend across North America, Europe, South America, Australia and other international markets. In addition to truck manufacturing, PACCAR operates a worldwide parts distribution network and offers financial services, including retail financing and leasing for trucks and related equipment. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider PACCAR, you'll want to hear this. 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PACCAR has launched PACCAR Connect, a factory-integrated platform that combines telematics, driver tools, and fleet apps in Kenworth and Peterbilt class 8 trucks. It unveiled the system on October 19, 2026, at the American Trucking Associations' Management Conference & Exhibition in Charlotte, North Carolina. The platform will be available from early 2027. Drivers use a new touchscreen display. PACCAR says the system, which is covered by factory warranty, can replace multiple aftermarket devices. Features include a voice assistant, up to eight camera inputs, pairing for two phones at once, and Apple CarPlay compatibility. Fleet managers get a portal to monitor vehicle health, location, mileage, and idle time, and to activate apps from a marketplace.
Peterbilt, Kenworth revamp connectivity options. Paccar Connect overhaul includes factory-installed touchscreen. Staff Reporter October 19, 2026 11:00 AM, EDT Peterbilt and Kenworth Class 8 trucks will be available with larger factory-installed digital touchscreens and a revamped connectivity platform. (Peterbilt) Key takeaways: Peterbilt and Kenworth Class 8 trucks will be available with larger factory-installed digital touchscreens and a revamped connectivity platform starting in early 2027, parent company Paccar said Oct. 19. The expansion of the Paccar Connect platform includes a voice assistant, camera integration, an applications portal, connectivity to Apple CarPlay and Bluetooth compatibility, Paccar revealed at American Trucking Associations' Management Conference & Exhibition. The touchscreen, which sits on a vertical axis in Peterbilt vehicles and horizontal axis in Kenworth trucks, includes physical rotary controls. The Kenworth version has three rotary controls, while the Peterbilt version has one. "The display was designed around the driver. So, as you look at it, you touch it, feel it. All the commands, the features, the buttons, everything on the display is designed to be easily and ergonomically accessible," Peterbilt Marketing Segment Manager Chase Wolf said during a preview in Sonoma, Calif. The touchscreens are also designed to be used with gloves on. The voice assistant responds to more than 250 commands in English, Spanish and French. The Peterbilt and Kenworth versions are activated by the phrase "Hey, Peterbilt" or "Hey, Kenworth" in a similar fashion to other automotive or household assistants. On launch, the truck-specific application store will be linked to Apple Marketplace and Platform Science's marketplace. Wolf said extensive market research led the truck makers to offer Apple connectivity first rather than or alongside Android capabilities. Drivers and fleets will be able to connect third-party applications or carrier applications. Camera integration supports four analog and four digital camera inputs. Cabs will be wired to connect to upfitted cameras, Wolf said. Drivers also will have access to applications offering a digital operator's manual, driver tutorials, vehicle health information and a dealer locator. For fleet managers, the enhanced Paccar Connect provides tools including improved vehicle health monitoring, remote diagnostics, mileage, location, warranty status and idle time capabilities. Documentation can be uploaded at job sites. "Paccar Connect advances our connected vehicle strategy," said John Rich, Paccar chief technology officer. "By creating a future-ready technology foundation, it enables us to continuously expand capabilities, integrate new technologies and enhance the driver experience." Earlier phases of the strategy include integrating Platform Science's Virtual Vehicle technology with the Connect telematics system. The strategy also includes Paccar's partnership with Aurora Innovation to produce factory-built autonomous Class 8 trucks.