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Paccar

Open a retail used truck facility in Madrid, Spain

Not delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
21 Apr 2020
Due
31 Dec 2020
Checked
12 Oct 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“plans to open retail used truck facilities in Prague, Czech Republic and Madrid, Spain this year.”
  • SourcePaccar Form 8-K press release, 2020-04-21
  • FilingSEC filing index
  • Deadline as statedthis year
  • Deadline used31 Dec 2020, the last day of the stated period
  • TypeFacility
  • Permanent referenceKI-C-2020-PCAR-008228
    Cite as https://keptindex.org/c/KI-C-2020-PCAR-008228/ — this address never changes.

What we found

Evidence strength A What the grades mean

Paccar failed to open the Madrid facility in 2020 as planned, with subsequent filings indicating the opening was delayed until 2021.

  • A
    Paccar 10-K filed 2021-02-17 Regulatory filing · published 17 Feb 2021 · retrieved 12 Oct 2026 · kept permanently by the SEC · fingerprint 3e82349747f3
    “PACCAR Financial Services (PFS) recently opened used truck centers in Lyon, France, Denton, Texas, and Prague, Czech Republic, and plans to open a used truck facility in Madrid, Spain in 2021.” ✓ confirmed on the page

Market reaction: the shares moved -1.4% against the S&P 500 over the three sessions around the disclosure (16 Feb 2021 to 19 Feb 2021). What this measures

Checked 12 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • Deadline drift +730 days
  • 4 versions
  1. Version 1 · original · stated 21 Apr 2020

    Deadline 31 Dec 2020 (“this year”) · wording expected

  2. Version 2 · stated 20 Oct 2020

    Deadline 31 Dec 2021 (“next year”) · wording expected

    “plans to open a used truck facility in Madrid, Spain next year.”

    Source for this version

  3. Version 3 · stated 26 Apr 2022

    Deadline 31 Dec 2022 (“this year”) · wording expected

    “A new PFS used truck facility is expected to open this year in Madrid, Spain.”

    Source for this version

  4. Version 4 · stated 26 Jul 2022

    Deadline 31 Dec 2022 (“this year”) · wording firm

    “A new PFS used truck facility will open this year in Madrid, Spain.”

    Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Facility opening
Indicative materiality
High rules
Action
Open
Deliverable
retail used truck facility
Where
Madrid, Spain
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
  4. Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2020-PCAR-008228 · Corrections policy

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