Business and Finance
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
"This initiative fits directly with CVG's strategy to expand our Company's geographic footprint and manufacturing presence in the emerging markets of
About Commercial Vehicle Group, Inc.
Commercial Vehicle Group is a leading supplier of fully integrated system solutions for the global commercial vehicle market, including the heavy-duty truck market, the construction and agriculture market and the specialty and military transportation markets. The Company's products include suspension seat systems, interior trim systems, such as instrument and door panels, headliners, cabinetry, molded products and floor systems, cab structures and components, mirrors, wiper systems, electronic wiring harness assemblies and controls and switches specifically designed for applications in commercial vehicle cabs. The Company is headquartered in
Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. In particular, this press release may contain forward-looking statements about Company estimates for future periods with respect to financial information. These statements are based on certain assumptions that the Company has made in light its experience in the industry as well as its perspective on historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including but not limited to: (i) general economic or business conditions affecting the markets in which the Company serves; (ii) increased competition in the heavy-duty truck market; (iii) the impact of changes in governmental regulations on the Company's customers or on its business; (iv) the loss of business from a major customer or the discontinuation of particular commercial vehicle platforms; (v) the Company's ability to execute cost reductions and restructuring initiatives; and (vi) various other risks as outlined under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended
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