New look CVG ‘more competitive’ in tough markets

The streamlined company has reduced its exposure to the declining North American Class 8 truck market and is ready to start growing elsewhere, observes Freddie Holmes

First quarter (Q1) 2016 results show that Commercial Vehicle Group continues to struggle, with group revenue of US$180.3m down 18.2% year-on-year, and global truck and bus (GTB) segment revenues down 20%.

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https://www.automotiveworld.com/articles/new-look-cvg-competitive-tough-markets/

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