Commercial Vehicle Group (CVG) designs and manufactures seats, wire harnesses, and plastic interior components primarily for heavy- and medium-duty commercial trucks. CVG sells customized, OEM-specific components — engineered to customer specifications and delivered just-in-time to assembly lines — rather than off-the-shelf parts. CVG's primary end market is North American Class 8 trucks, which drives most revenue in its Global Seating and Trim Systems segments. CVG operates three segments: Global Seating (seats for trucks, construction/agriculture equipment, buses, and military vehicles, sold under brands including National Seating, Bostrom, and KAB); Global Electrical Systems (wire harness assemblies and control boxes for construction/agriculture, autonomous vehicles, rail, and industrial customers); and Trim Systems and Components (plastic cab interiors almost entirely for North American Class 8 trucks). CVG sells to OEMs under contracts covering a portion of a customer's production requirements, and also sells replacement parts through aftermarket channels, which carry higher margins. The business is highly volume-sensitive, as CVG's cost base is largely fixed, meaning OEM production swings flow disproportionately to profitability. CVG's primary growth bet is Global Electrical Systems, where CVG has invested in new low-cost facilities in Mexico and Morocco to support new program wins with autonomous vehicle and European OEM customers. CVG divested several non-core businesses in 2024 and is currently prioritizing debt reduction and free cash flow generation.