Pros
PACCAR is a solid, stable company with many, many years of profits. Senior Management drives the need to preserve shareholder equity to all levels of the corporation. That is our primary purpose in life ... to make a profit.
Cons
The economic downturn and tightening of the corporate belt has caused technology to stale; it will cost a fortune to get back up-to-speed. The tightening of the corporate belt has not set well with many technology professionsals; it will result in a huge loss of resources when the markets open up again. Very conservative company - very slow to make decisions - decisions are questioned all along the path ... aging workforce (probably because they're the only ones with the fortitude to navigate the corporate culture).