barnyarddog
4月前
5,001-10,000 employees https://www.linkedin.com/company/cvgrp?trk=public_post_feed-actor-name
About us
CVG is a leading supplier of warehouse automation and robotic assemblies, electric vehicle assemblies, electrical wire harnesses, seating systems, mechanical assemblies, structures, plastic products and more to the ecommerce, transportation, warehousing, construction equipment, industrial and recreational vehicle markets. While we are known for our strength in commercial trucks and continue to support multiple global manufacturers, we are continuing to adapt our portable capabilities and expertise into new industries, including electric vehicles, ecommerce and more.
barnyarddog
4月前
Commercial Vehicle Group, Inc. engages in the manufacture, supply, and sale of cab related products and systems. It operates through the following segments: Global Seating, Global Electrical Systems, and Trim Systems and Components. The Global Seating segment engages in the designing, manufacturing and selling of commercial vehicle seats for global commercial vehicle markets including heavy duty trucks, medium duty trucks, last mile delivery trucks and vans, construction and agriculture equipment in North America, Europe and Asia-Pacific. The Global Electrical Systems segment engages in the designing, manufacturing and selling of cable and harness assemblies for both high and low voltage applications, control boxes, dashboard assemblies and design and engineering for these applications. The Trim Systems and Components segment engages in the designing, manufacturing and selling of plastic components primarily for the North America commercial vehicle market, MD/HD truck market and power sports markets. The company was founded in August 2000 and is headquartered in New Albany, OH.
https://cvgrp.com/
barnyarddog
4月前
Institutional Ownership
RENAISSANCE TECHNOLOGIES LLC 4.42%
RBF Capital, LLC 4.39%
VANGUARD GROUP INC 4.05%
Huber Capital Management LLC 2.89%
Peapod Lane Capital LLC 2.42%
Clearstead Advisors, LLC 1.91%
IRONWOOD INVESTMENT MANAGEMENT LLC 1.73%
D. E. Shaw & Co., Inc. 1.64%
GAMCO INVESTORS, INC. ET AL 1.62%
BlackRock, Inc. 1.52%
barnyarddog
4月前
AI - Post-earnings rally extended on improved margins, Zoox contract, and upbeat 2026 guidance.
CVGI's Q4 2025 earnings, released March 10, showed revenue of $154.8 million beating estimates despite a 5.2% YoY decline, with adjusted EBITDA surging 156% to $2.3 million on 190 basis point gross margin expansion. Full-year free cash flow hit $34 million amid $29 million debt reduction.
The company announced selection as Zoox Robotaxi's low-voltage wire harness supplier and guided 2026 revenue to $660-700 million with adjusted EBITDA of $24-30 million, signaling EV/autonomous growth. This triggered a multi-day surge—peaking March 11 with 46 million shares traded—continuing into March 13 as investors assessed the turnaround.
barnyarddog
4月前
AI - Key Partnerships and Growth
Zoox Partnership: CVG is a critical supplier for Zoox (Amazon's autonomous vehicle unit), providing custom low-voltage wiring harness systems for their bidirectional robotaxis.
Expansion: The company recently opened a new facility in Aldama, Mexico, to support production volumes for the Zoox program, which is expected to ramp up through 2026.
Market Diversification: While traditionally focused on heavy-duty trucks, CVG is actively expanding into electric vehicles (EV), warehouse automation, and robotic assemblies.
barnyarddog
4月前
Commercial Vehicle Group, Inc.
5d
Big news for Commercial Vehicle Group, Inc.! We’ve been selected as a key wire harness supplier for Zoox, supporting the next generation of purpose-built autonomous vehicles for ride-hailing. Zoox’s purpose-built all-electric robotaxis are designed with the rider in mind. Its ride-hailing service launched in Las Vegas last fall, with additional testing underway across the U.S. Through design and manufacturing leadership, we are excited to help power the future of autonomous mobility.
https://www.linkedin.com/posts/cvgrp_cvg-autonomousvehicles-electricvehicles-activity-7437488574205169664-Kg2s
whytestocks
6年前
News: $CVGI Commercial Vehicle Group Announces Second Quarter 2020 Results
NEW ALBANY, Ohio , Aug. 10, 2020 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company" or "CVG") (NASDAQ: CVGI) today reported financial results for the second quarter ended June 30, 2020, including revenues of $126 .9 million, net loss of $12.5 million , EPS of $(0.4...
In case you are interested CVGI - Commercial Vehicle Group Announces Second Quarter 2020 Results
whytestocks
7年前
News: $CVGI Commercial Vehicle Group, Inc. Awarded Design and Production of Cabin Structure and Other Components of Autocar's Severe-Duty Vocational Truck
NEW ALBANY, Ohio , Aug. 29, 2019 /PRNewswire/ -- Commercial Vehicle Group, Inc. (the "Company" or "CVG") (NASDAQ: CVGI) announced today the award of the design and production of the cabin structure and other components of Autocar's severe-duty vocational truck. At full volume, annual reve...
Got this from Commercial Vehicle Group, Inc. Awarded Design and Production of Cabin Structure and Other Components of Autocar's Severe-Duty Vocational Truck
Stock-n-Seeds
17年前
Commercial Vehicle Group Reports Second Quarter 2009 Results
http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/08-04-2009/0005071952&EDATE=
NEW ALBANY, Ohio, Aug. 4 /PRNewswire-FirstCall/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI) today reported revenues of $103.5 million for the second quarter ended June 30, 2009, compared to revenues of $209.2 million for the second quarter of 2008. Net loss was ($22.5) million for the quarter, or ($1.04) per diluted share, compared to net income of $3.1 million, or $0.14 per diluted share, in the prior-year quarter. Fully diluted shares outstanding for the quarter and prior-year period were 21.7 million. Included in the Company's results for the second quarter is a non-cash expense of approximately $10.4 million related to the impairment of certain tangible and intangible assets.
"Market conditions for the second quarter of this year remained weak as our revenues were reduced by approximately 51 percent from the same period last year; however, the detrimental impact to our bottom line continues to be minimized by the significant savings programs we have implemented over the past six to nine months," said Mervin Dunn, President and Chief Executive Officer of Commercial Vehicle Group. "The sizable impact of our global cost initiatives is outlined best when comparing this second quarter to the first quarter of this year as our revenues dropped by an additional $5.0 million yet operating profit improved by approximately $6.6 million, when excluding the non-cash asset impairments. With this kind of cost structure change in place, we are very excited about the potential when our markets return," added Mr. Dunn.
Revenues for the quarter compared to the prior-year period decreased by approximately $105.7 million, or 50.5%, due primarily to the global economic decline impacting the Company's North American, European and Asian end markets.
Net debt (calculated as total debt less cash and cash equivalents) was $147.3 million at June 30, 2009, when compared to $157.6 million at December 31, 2008.
"Our focus remains on cash generation as evidenced by our dramatic reduction in inventory levels and capital spending as well as our profit improvement over the first three months of this year. These efforts combined with our recent bond exchange and senior credit facility amendment puts us in a better position towards market recovery," said Chad M. Utrup, Chief Financial Officer of Commercial Vehicle Group.
The Company is not providing revenue or earnings estimates at this time.
A conference call to review second quarter results is scheduled for Wednesday, August 5, 2009, at 10:00 a.m. ET. To participate, dial (888) 713-4217 using access code 37957012. You can pre-register for the conference call and receive your pin number at:
https://www.theconferencingservice.com/prereg/key.process?key=PJK8KFQWE
This call is being webcast by Thomson/CCBN and can be accessed at Commercial Vehicle Group's Web site at www.cvgrp.com, where it will also be archived for a period of one year.
A replay of the conference call will be available for a period of two weeks following the call. To access the replay, dial (888) 286-8010 using access code 83819775.
hang ten
17年前
Commercial Vehicle Group Selected as Development Partner for Nissan Diesel
Last update: 7/9/2009 3:39:00 PM
CVG Products to be Used on Multiple Nissan Vehicles ---
Primary Markets will be Japan, South America, Asia, Australia and the U.S.
NEW ALBANY, OHIO, July 9, 2009 /PRNewswire-FirstCall via COMTEX/ -- Commercial Vehicle Group, Inc. (CVGI) announced today that it has been selected as the Development Source Partner for a new seat and suspension program with Nissan Diesel Motors, a subsidiary of Volvo AB. This joint initiative is a result of CVG's efforts to expand its global presence along with Volvo AB's global sourcing objectives. The new program includes seating and interior products and is currently scheduled for a late 2009 launch. The new seats, as well as other interior components such as bunks, are planned for use in multiple Nissan Diesel vehicles. These vehicles will be assembled in Japan for domestic use and are expected to be exported to certain global markets including South America, Asia, Australia and the United States. CVG will produce and supply the new model seats from its Shanghai, China facility. Mervin Dunn, Chief Executive Officer of Commercial Vehicle Group, Inc. stated, "We are very pleased to announce this joint development and supplier program with Nissan Diesel Motors. Nissan Diesel and their parent, Volvo AB, are excellent, highly-regarded leaders in the global heavy truck industry. Their selection of CVG as their Development Source Partner is a testament to our engineering expertise and global manufacturing capabilities." "This initiative fits directly with CVG's strategy to expand our Company's geographic footprint and manufacturing presence in the emerging markets of Europe and Asia and we look forward to a long relationship with Nissan Diesel," added Mr. Dunn.
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