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Commercial Vehicle Group Inc (CVGI) delivers essential components for commercial vehicles across global markets, specializing in cab systems, electrical solutions, and industrial automation. This news hub provides investors and industry professionals with timely updates on corporate developments, financial milestones, and technological advancements.
Access authoritative coverage of CVGI's earnings reports, product innovations, strategic partnerships, and leadership updates. Our curated collection ensures you stay informed about critical announcements impacting the commercial vehicle sector, from new contract wins to manufacturing expansions.
Key updates include quarterly financial results, major OEM supply agreements, automation technology launches, and aftermarket service expansions. All content is sourced directly from verified corporate communications and regulatory filings.
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CVG (NASDAQ: CVGI) reported third quarter 2025 results: revenues $152.5M (down 11.2% YoY), GAAP net loss from continuing operations of $6.8M or $(0.20) per diluted share, and adjusted EBITDA $4.6M (up 7.0%) with a 3.0% margin. Adjusted net loss was $4.6M or $(0.14) per share.
Segment highlights: Global Electrical Systems returned to year‑over‑year revenue growth (+5.9% to $49.5M); Global Seating revenues fell to $68.7M; Trim Systems & Components declined 29.2% to $34.3M. Liquidity was $127.8M (cash $31.3M plus availability). Company updated 2025 outlook: net sales $640–$650M and adjusted EBITDA $17–$19M (down from prior $21–$25M); free cash flow remains targeted at > $30M.
Commercial Vehicle Group (NASDAQ: CVGI) will hold its Q3 2025 earnings conference call on Tuesday, November 11, 2025 at 8:30 a.m. ET to discuss third quarter 2025 financial results.
The company will issue a press release and presentation prior to the call. Toll-free participants may dial (800) 549-8228 and international participants may dial (289) 819-1520, both using conference code 19689. The call will be webcast via the Investors section at ir.cvgrp.com and archived for one year.
A telephonic replay is available until November 25, 2025 at +1 888 660 6264 (access code 19689 #) or +1 289 819 1325 for other locations.
CVG (NASDAQ: CVGI) reported challenging Q2 2025 financial results, with revenues declining 11.2% to $172.0 million. The company posted a net loss of $4.1 million, or $(0.12) per diluted share, compared to a net loss of $1.3 million in Q2 2024. Adjusted EBITDA decreased 36.6% to $5.2 million.
Despite market headwinds, CVG demonstrated operational improvements with gross margin expansion of 80 basis points versus Q1 2025 and generated strong free cash flow of $17.3 million. The company maintains solid liquidity of $135.9 million and has updated its 2025 guidance, now expecting revenues of $650-670 million and adjusted EBITDA of $21-25 million.
Commercial Vehicle Group (NASDAQ: CVGI) has scheduled its second quarter 2025 earnings conference call for Tuesday, August 5, 2025, at 8:30 a.m. ET. The company will release its financial results and presentation materials before the call.
Investors can join via phone using conference code 72110 (toll-free: 800-549-8228; international: 289-819-1520) or access the webcast through CVG's investor relations website at ir.cvgrp.com. The webcast will be archived for one year, and a telephonic replay will be available until August 19, 2025.
Commercial Vehicle Group (NASDAQ: CVGI) has successfully completed a significant debt refinancing transaction, securing $210 million in senior secured credit facilities. The package consists of a $95 million senior secured term loan with TCW Asset Management Company LLC and a $115 million senior secured asset-based revolving credit facility with Bank of America.
The refinancing extends debt maturity to 2030 and includes the following key terms: The Term Loan features tiered interest rates from SOFR plus 8.75% to 10.75% based on leverage ratios, with an initial rate of SOFR plus 9.75%. The ABL Facility includes a $100 million US subfacility and a $15 million UK subfacility, with interest rates ranging from 1.50% to 2.00% above SOFR, SONIA, or EURIBOR.
As part of the transaction, TCW Group received five-year warrants to purchase up to 3,934,776 shares of CVGI's common stock in two equal tranches, with exercise prices of $1.58 and $2.07 respectively. The company maintains the right to repurchase up to 50% of each warrant tranche within four years.
Commercial Vehicle Group (CVGI) has scheduled its first quarter 2025 earnings conference call for Wednesday, May 7, 2025, at 8:30 a.m. ET. The company will release its financial results and presentation materials before the call.
Participants can join the call using the following details:
- Toll-free (US): (800) 549-8228
- International: (289) 819-1520
- Conference code: 57416
The webcast will be available through CVG's investor relations website at ir.cvgrp.com and archived for one year. A replay will be accessible until May 21, 2025, via phone using toll-free number (+1) 888 660 6264 or (+1) 289 819 1325 for other locations, with access code 57416#.
Commercial Vehicle Group (CVG) announced that Robert C. Griffin will retire from the Board of Directors, effective May 15, 2025. Griffin, who has served as a Director since 2005 and is the current Chairman of the Board, will not stand for re-election at the 2025 annual meeting of stockholders.
William C. Johnson is expected to succeed Griffin as Chairman of the Board. Michael Nauman, Chairman of the Nominating, Governance and Sustainability Committee, acknowledged Griffin's invaluable contributions during his 20-year tenure, particularly highlighting his extraordinary leadership in supporting the company's strategic goals and priorities.
Griffin's retirement is not due to any disagreement with the Company, its management, the Board, or any committee of the Board.
CVG (NASDAQ: CVGI) reported its Q4 and full-year 2024 results, showing significant challenges. Q4 revenue declined 15.7% to $163.3 million, primarily due to softening in Construction and Agriculture demand and lower Class 8 Heavy Truck builds. The company reported a Q4 operating loss of $5.3 million and net loss of $35.0 million, including a $28.8 million non-cash tax valuation allowance.
For full-year 2024, revenue decreased 13.4% to $723.4 million. The company secured new business wins worth $97 million, mainly in the Electrical Systems segment. CVG completed strategic portfolio actions, including the sale of its Industrial Automation business in October 2024, and is shifting production to lower-cost facilities in Morocco and Mexico.
Looking ahead to 2025, CVG announced a reorganization into three operating divisions: Global Electrical Systems, Global Seating, and Trim Systems and Components. The company expects North American Class 8 truck production to reach 316,000 units in 2025, down from 332,382 units in 2024, while Construction and Agriculture markets are projected to decline 5-10%.
Commercial Vehicle Group (CVGI) has scheduled its fourth quarter and full year 2024 earnings conference call for March 11, 2025, at 8:30 a.m. ET. The company will release its financial results and presentation materials before the call.
Investors can join via phone using conference code 45919: toll-free at (800) 549-8228 or internationally at (289) 819-1520. The webcast will be available through CVG's investor relations website at ir.cvgrp.com and archived for one year. A replay will be accessible until March 25, 2025, via toll-free (888) 660-6264 or (289) 819-1325 for North America and other locations.
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