CVG

CVG (Commercial Vehicle Group, Inc.) is a global supplier of systems, assemblies and components for commercial and electric vehicle markets. The company designs, engineers and manufactures customized interior and electrical products to meet customer specifications and just‑in‑time delivery requirements.

Core business

• Designs, manufactures and sells products across three segments:
  • Global Seating: seats and seating systems for medium/heavy trucks, buses, construction and agricultural equipment, and military applications; includes office seating for European and Asia‑Pacific markets.
  • Global Electrical Systems: wire harness assemblies, cable and harness assemblies, control boxes and dashboard assemblies; serves construction, agricultural, industrial, automotive (ICE and EV), mining, rail, marine, power generation, and military/defense end markets.
  • Trim Systems and Components: plastic components and subassemblies (thermoformed, injection molded, and RIM); instrument panels; cab interiors; and accessories (mirrors, wipers, sensors) for medium/heavy trucks, powersports and related markets.
• Brands across segments include CVG™, Sprague Devices®, Moto Mirror®, RoadWatch®, KAB Seating™, National Seating™, Bostrom Seating®, Stratos™ and AdvancTEK™.
• Targets internal combustion and electric vehicles, construction and agricultural equipment, powersports, military, and office furniture (via seating products in select markets).
• Uses flexible, cell‑based manufacturing and just‑in‑time production to support low‑volume, highly configured orders and near‑customer delivery.

Segments and products

Global Seating

• Fully assembled seats and seating components for heavy/medium trucks, buses, construction and agriculture equipment, and military vehicles.
• Office seating for Europe and Asia‑Pacific markets.

Global Electrical Systems

• Wire harnesses, cable and harness assemblies, control boxes and dashboard assemblies.
• Serves construction, agriculture, industrial, automotive (ICE and EV), mining, rail, marine, power generation, and military/defense markets.

Trim Systems and Components

• Plastic components and subassemblies for medium/heavy trucks and powersports.
• Molded components, instrument panels, cab interiors and accessories.

Global footprint and markets

• Manufacturing and operations in: United States, Mexico, China, United Kingdom, Czech Republic, Ukraine, Morocco, Thailand, India and Australia.
• Products sold into North America, Europe and the Asia‑Pacific region.
• Principal facilities: five owned and 22 leased locations.

People and workforce

• Total employees (as of December 31, 2025): approximately 6,500
  • Permanent employees: about 6,100
  • Temporary employees: about 400
• Geographic distribution of permanent employees: roughly 86% outside the United States; about 14% in the United States.
• Labor relations:
  • All U.S. employees are non‑union.
  • A majority of personnel in Mexico are unionized.
  • Approximately 62% of employees in European, Asian and Australian operations are represented by shop steward committees.

Customers and business considerations

• Receivables from the top five customers represented approximately 46% of total receivables as of December 31, 2025.
• The business is oriented around regionally focused production near customers to reduce shipping costs and delivery risk.
• CVG works with OEM programs on multi‑year platform contracts and faces potential price and margin pressure from tariffs and inflation.
• Ownership of and collaboration among multiple brands supports a diversified product and go‑to‑market approach.