What Commercial Vehicle Group makes

Commercial Vehicle Group (CVG) builds the cab-facing systems that go into heavy and medium-duty commercial vehicles: seats, electrical systems, and interior trim. The company sells commercial-vehicle seating under the National Seating, Bostrom, KAB and Stratos brands, covering static and air-suspension seats for trucks, buses, and construction, agriculture, and military vehicles. Its electrical business designs and produces high- and low-voltage wire harnesses, power distribution boxes, over-molded harness solutions, and control assemblies. A trim and components business makes molded plastic parts, wipers, mirrors, and sensors, along with cab structures and assemblies.

End markets run across Class 8 and non-Class 8 trucks, construction and agriculture equipment, bus, rail, marine, mining, military and defense, e-commerce and last-mile delivery, and electric and autonomous vehicles. CVG reorganized effective January 1, 2025 into three market-focused divisions, Global Seating, Global Electrical Systems, and Trim Systems and Components, replacing the earlier Vehicle Solutions, Electrical Systems, and Aftermarket and Accessories reporting segments. A significant share of its work is direct-to-OEM production supply, which puts it in the Tier 1 position on the programs it serves.

Financial performance

CVG is publicly traded on Nasdaq under the ticker CVGI. Full-year 2024 revenue was $723.4 million, down 13.4 percent from $835.5 million in 2023, as commercial-truck demand softened. The company recorded a net loss from continuing operations of $35.7 million in 2024, against net income of $43.6 million the year before, and an operating loss of $0.8 million. Adjusted EBITDA fell to $23.2 million, a 3.2 percent margin, from $54.6 million and 6.5 percent in 2023. By segment, 2024 revenue was $404.2 million in Vehicle Solutions, $189.6 million in Electrical Systems, and $129.6 million in Aftermarket and Accessories.

The picture improved through 2026. Second-quarter 2026 revenue rose 13.5 percent year over year to $195.2 million, gross margin expanded about 140 basis points, and the company returned to positive operating income. On the strength of that recovery, CVG raised its full-year 2026 revenue guidance to a range of $725 million to $755 million, roughly 14 percent growth, and guided adjusted EBITDA up about 60 percent at the midpoint. Management attributed the turn to new business ramps, including an electrical program for the Zoox autonomous vehicle, international seating growth, and new Trim Systems product launches. At the end of 2024 the balance sheet showed $26.6 million in cash, $135.5 million in total debt, and about $111.0 million in total liquidity including revolver availability. Buyers weighing total cost of ownership and supplier resilience should read the two years together: a cyclical trough in 2024 followed by a documented recovery in 2026.

Ownership and history

Commercial Vehicle Group was formed in 2000 by combining Bostrom Seating and Trim Systems, and it went public in 2004. Several of its brands are far older than the corporate parent: National Seating, Bostrom, and KAB Seating each carry decades of commercial-seating history. The company is headquartered at 7800 Walton Parkway in New Albany, Ohio, and employs roughly 6,900 people, about 1,100 in the United States and about 5,300 internationally. It operates manufacturing and support facilities across ten countries: the United States, Mexico, China, the United Kingdom, the Czech Republic, Ukraine, Morocco, Thailand, India, and Australia.

Leadership has turned over recently. James R. Ray Jr. has served as President and Chief Executive Officer since December 2023, following operating roles at Stanley Black and Decker, TE Connectivity, and Delphi. Angie O'Leary was appointed Executive Vice President and Chief Financial Officer on August 6, 2026, after serving as interim CFO earlier in the year and, before that, as Corporate Controller and Chief Accounting Officer. The prior CFO departed in April 2026 and the prior chief operating officer left in 2025, so the current executive bench is comparatively new.

Certifications and quality

CVG describes ISO 9001 quality-management, ISO 14001 environmental-management, and IATF 16949 (formerly TS 16949) automotive quality systems across its manufacturing facilities, which is the standard expectation for a direct-to-OEM commercial-vehicle supplier. Its own supplier quality manual, published on the company site, requires its suppliers to hold current IATF 16949 certification. Multi-site certification of this kind is reported here as a company claim rather than a single dated certificate, which is normal for a manufacturer running plants in ten countries. Program work for OEM customers typically runs through PPAP and APQP discipline.

Known customers

CVG's 10-K describes a concentrated commercial-vehicle OEM customer base but does not name individual customers with revenue percentages in its public business summary, which is normal for a Tier 1 on production programs. One recent program is on the public record through company earnings commentary.

Beyond these, CVG serves construction and agriculture equipment makers and international seating customers, with EMEA wins named as a 2026 driver. Customs records place its inbound supply base around commercial-vehicle seating and suspension components, consistent with its seating and electrical franchises rather than finished-goods resale.

Sourcing evidence

CVG's US import record shows 722 sea shipments on record, with the most recent dated September 19, 2026, which marks it as an actively importing manufacturer rather than a dormant entity. The top named foreign suppliers are KAB Seating, Lucas TVS, CVG Vehicle Components Shanghai, and Zhejiang Roadtamer Auto Suspension. Two of those, KAB Seating and CVG Vehicle Components Shanghai, are CVG's own brand and affiliate operations, so part of the inbound flow is intra-company movement of seating and components. Lucas TVS in India and Zhejiang Roadtamer in China are external component suppliers, weighted toward seating suspension and electrical hardware.

That mix, seating and suspension parts inbound with cab systems shipping out, fits a vertically integrated commercial-vehicle supplier that manufactures across multiple regions. It is also relevant to buyers watching tariff exposure, given the China and India origins in the record.

Coverage caveats: these are US ocean-freight records only. Air, truck, and rail movements do not appear, some records name freight intermediaries rather than manufacturers, and product categories come from declared manifest codes, which are noisy. Absence of a record is not evidence of absence. The full monthly time series was not extractable for this profile, so no shipment trend chart is shown.

Frequently asked questions

What does Commercial Vehicle Group make?

Commercial Vehicle Group makes cab-facing systems for commercial vehicles: seats (under the National Seating, Bostrom, KAB and Stratos brands), high- and low-voltage wire harnesses and electrical systems, and plastic trim, mirrors, wipers, and cab structures. It supplies heavy and medium-duty trucks, construction and agriculture equipment, buses, military vehicles, and electric and autonomous vehicle programs.

Who owns Commercial Vehicle Group?

Commercial Vehicle Group is a publicly traded company listed on Nasdaq under the ticker CVGI. It was formed in 2000 by combining Bostrom Seating and Trim Systems and went public in 2004. It is headquartered in New Albany, Ohio.

What is Commercial Vehicle Group's revenue?

CVG reported full-year 2024 revenue of $723.4 million, down 13.4 percent from 2023 in a soft commercial-truck market. Revenue recovered in 2026, with second-quarter sales up 13.5 percent year over year, and the company raised its full-year 2026 revenue guidance to a range of $725 million to $755 million.

Where is Commercial Vehicle Group headquartered?

Commercial Vehicle Group is headquartered at 7800 Walton Parkway, New Albany, Ohio 43054. It operates manufacturing and support facilities across ten countries, including the United States, Mexico, China, the United Kingdom, the Czech Republic, Ukraine, Morocco, Thailand, India, and Australia.

Who are Commercial Vehicle Group's customers?

CVG supplies commercial-truck OEMs (Class 8 and medium-duty), construction and agriculture equipment makers, and electric and autonomous vehicle programs. Its 10-K describes a concentrated OEM base without naming individual customers; the company has publicly cited an electrical program for the Zoox autonomous vehicle as a 2026 growth driver.

What certifications does Commercial Vehicle Group hold?

CVG describes ISO 9001, ISO 14001, and IATF 16949 (formerly TS 16949) quality and environmental management systems across its manufacturing facilities, the standard set for a direct-to-OEM commercial-vehicle supplier. Its supplier quality manual also requires its own suppliers to hold current IATF 16949 certification.

Last verified September 27, 2026. Is this your company? Request a correction.