SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  FORM 10-K/A
                              Amendment No. 1 to
[X]   ANNUAL   REPORT  PURSUANT  TO  SECTION  13  OR  15(D)  OF   THE
      SECURITIES EXCHANGE ACT OF 1934 [Fee Required]

FOR THE FISCAL YEAR ENDED DECEMBER 31, 1994
Commission File No. 0-6394

                                   PACCAR INC
           (Exact name of Registrant as specified in its charter)

                Delaware                               91-0351110
        (State of incorporation)           (I.R.S. Employer Identification No.)

  777 - 106th Ave. N.E., Bellevue, Washington             98004
   (Address of principal executive  offices)           (Zip Code)

Registrant's  telephone  number,  including  area   code     (206) 455-7400


          Securities registered pursuant to Section 12(g) of the Act:

                         Common Stock, $12 par value
                      Preferred Stock Purchase Rights
                              (Title of Class)

Indicate  by check mark whether the registrant (1) has  filed  all
reports  required  to  be filed by Section  13  or  15(d)  of  the
Securities Exchange Act of 1934 during the preceding 12 months (or
for  such shorter periods that the registrant was required to file
such  reports),  and (2) has been subject to such  filing  require
ments for at least the past 90 days. Yes  X   No

Indicate by check mark if disclosure of delinquent filers pursuant
to  Item  405 of Regulation S-K is not contained herein, and  will
not  be  contained,  to  the  best of registrant's  knowledge,  in
definitive   proxy  or  information  statements  incorporated   by
reference in Part III of this Form 10-K or any amendment  to  this
Form 10-K. [X]

The   aggregate  market  value  of  the  voting  stock   held   by
non-affiliates of the registrant as of March 1, 1995:

          Common Stock, $12 par value -- $1,506,723,855

The number of shares outstanding of the issuer's classes of common
stock, as of March 1, 1995:

         Common Stock, $12 par value -- 38,859,281 shares


               DOCUMENTS INCORPORATED BY REFERENCE

Portions  of the Annual Report to Stockholders for the year  ended
December 31, 1994 are incorporated by reference into Parts  I  and
II.

Portions  of  the  proxy  statement for  the  annual  stockholders
meeting to be held on April 25, 1995 are incorporated by reference
into Part III.



                             PART IV

ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS  ON FORM 8-K

     (a)   (1) and (2) - The response to this portion of Item  14  is
                         submitted as a separate section of this report.

           (3)  Listing  of  Exhibits (in  order  of  assigned  index numbers)

                (3)  Articles of incorporation and bylaws

                     (a)   PACCAR Inc Certificate of Incorporation,  as
                           amended   to  April  27,  1990  (incorporated   by
                           reference  to  the Quarterly Report on  Form  10-Q
                           for the quarter ended March 31, 1990).

                     (b)   PACCAR Inc Bylaws, as amended to April  26,
                           1994  (incorporated by reference to the  Quarterly
                           Report  on  Form 10-Q for the quarter ended  March
                           31, 1994).

                (4)  Instruments  defining  the  rights  of  security
                     holders, including indentures

                     (a)   Rights  agreement dated as of December  21,
                           1989  between  PACCAR Inc and First Chicago Trust
                           Company  of  New York setting forth the terms  of
                           the   Series  A  Junior  Participating  Preferred
                           Stock,  no par  value per share (incorporated  by
                           reference  to Exhibit 1 of the Current  Report on
                           Form 8-K of PACCAR Inc dated December 27, 1989).

                     (b)   Indenture  for  Senior  Debt Securities  dated as of
                           December 1,  1983  between PACCAR   Financial  Corp.
                           and   Citibank,   N.A.,   Trustee  (incorporated  by
                           reference to Exhibit  4.1 of  the  Annual  Report on
                           Form  10-K  of  PACCAR Financial  Corp. for the year
                           ended  December  31, 1983).

                     (c)   First Supplemental  Indenture dated   as   of  June
                           19,  1989  between   PACCAR Financial  Corp. and
                           Citibank, N.A.,  Trustee  (incorporated by
                           reference to Exhibit 4.2  to  PACCAR Financial
                           Corp.'s  registration   statement   on Form S-3,
                           Registration No. 33-29434).

                     (d)   Forms  of  Medium-Term  Note, Series  E
                           (incorporated by reference to  Exhibits 4.3A,  4.3B
                           and 4.3C to PACCAR Financial  Corp.'s Registration
                           Statement on Form S-3 dated June  23, 1989,
                           Registration Number 33-29434, and Forms  of
                           Medium-Term   Note,  Series  E,  incorporated   by
                           reference  to  Exhibit 4.3B.1 to PACCAR  Financial
                           Corp.'s   Current  Report  on  Form   8-K,   dated
                           December 19, 1991, under Commission File Number 0-
                           12553).

                           Letter   of   Representation among  PACCAR Financial
                           Corp., Citibank, N.A.  and the  Depository  Trust
                           Company,  Series  E,  dated July   6,  1989
                           (incorporated  by  reference   to Exhibit  4.3  of
                           PACCAR Financial Corp.'s  Annual Report  on  Form
                           10-K, dated March 29, 1990.  File Number 0-12553).

                                        -2-




                     (e)   Forms  of  Medium-Term  Note, Series  F
                           (incorporated by reference to  Exhibits 4.3A,  4.3B
                           and 4.3C to PACCAR Financial  Corp.'s Registration
                           Statement on Form S-3 dated  May  26, 1992,
                           Registration Number 33-48118).

                           Form    of    Letter     of Representation   among
                           PACCAR  Financial   Corp., Citibank,  N.A. and the
                           Depository Trust  Company, Series  F  (incorporated
                           by reference  to  Exhibit 4.4   to  PACCAR
                           Financial  Corp.'s  Registration Statement   on
                           Form  S-3  dated  May  26,   1992, Registration
                           Number 33-48118).

                     (f)   Forms  of  Medium-Term  Note, Series  G
                           (incorporated by reference to  Exhibits 4.3A   and
                           4.3B  to  PACCAR  Financial   Corp.'s Registration
                           Statement on Form S-3 dated  December 8, 1993,
                           Registration Number 33-51335).

                           Form    of    Letter     of Representation   among
                           PACCAR  Financial   Corp., Citibank,  N.A. and the
                           Depository Trust  Company, Series  G  (incorporated
                           by reference  to  Exhibit 4.4   to  PACCAR
                           Financial  Corp.'s  Registration Statement  on  Form
                           S-3 dated December  8,  1993, Registration Number
                           33-51335).

               (10)  Material contracts

                     (a)   PACCAR  Inc  Incentive  Compensation  Plan
                           (incorporated by reference to Exhibit  (10)(a)  of
                           the  Annual Report on Form 10-K for the year ended
                           December 31, 1980).

                     (b)   PACCAR Inc Deferred Compensation  Plan  for
                           Directors  (incorporated by reference  to  Exhibit
                           (10)(b) of the Annual Report on Form 10-K for  the
                           year ended December 31, 1980).

                     (c)   Supplemental Retirement Plan  (incorporated by
                           reference to Exhibit (10)(c) of the Annual  Report
                           on Form 10-K for the year ended December  31, 1980).

                     (d)   1981 Long Term Incentive Plan (incorporated  by
                           reference to Exhibit  A  of  the 1982 Proxy
                           Statement, dated March 25, 1982).

                     (e)   Amendment to 1981  Long  Term Incentive  Plan
                           (incorporated  by  reference   to Exhibit  (10)(a)
                           of the Quarterly Report  on  Form 10-Q for the
                           quarter ended March 31, 1991).

                     (f)   PACCAR  Inc  1991  Long-Term Incentive  Plan
                           (incorporated  by  reference   to Exhibit  (10)(h)
                           of the Quarterly Report  on  Form 10-Q for the
                           quarter ended June 30, 1992).

                     (g)   Amended and Restated Deferred Incentive Compensation
                           Plan (incorporated by reference to Exhibit 10(g) of
                           the Annual Report on Form 10-K for the year ended
                           December 31, 1993).

               (13)  Annual report to security holders

                     Portions  of  the  1994  Annual  Report  to  Shareholders
                     have been incorporated by reference and are filed herewith.

                                      -3-



               (21)  Subsidiaries of the registrant

               (23)  Consent of independent auditors

               (24)  Power of attorney

                     Powers of attorney of certain directors

               (27)  Financial Data Schedule

               (99)  Proxy Statement, dated March 20, 1995

     (b)   No  reports  on Form 8-K were filed for the  three  months
           ended December 31, 1994.

     (c)   Exhibits

     (d)   Financial  Statement Schedules --  The  response  to  this
           portion  of  Item  14 is submitted as a separate  section  of
           this report.



                                      -4-



                                 SIGNATURES

Pursuant  to  the requirements of the Securities Exchange  Act  of 1934,  the
Registrant has duly caused this amendment to its annual report on Form 10-K to
be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: March 15, 1995         PACCAR Inc
                              (Registrant)


                              By: /s/  G. G. Morie
                                  ------------------------------------
                                  G. G. Morie
                                  Vice  President, General Counsel and
                                  Corporate Secretary