Global light vehicle sales rebound in October [Yahoo! Finance]
Commercial Vehicle Group, Inc. (CVGI)
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm
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Source: Yahoo! Finance
In YoY terms, market volumes rebounded from the previous months' downward trend. YoY sales were up 6% versus October 2023. YTD sales have experienced a modest increase of 1% compared to the same period last year. In October, sales experienced a resurgence across most regions. Sales in China grew 5% YoY, as the domestic market saw a modest recovery driven by subsidies and the ongoing price war. In the US, sales grew nearly 12% for the month, driven by additional selling days and new model releases. Finally, sales in Western Europe remained broadly flat, as the region continues to experience significant political and economic headwinds. North America The US Light Vehicle market saw sales increase YoY in October 2024, surpassing expectations, partly due to having two additional selling days compared to the same period last year. Sales volume totaled 1.34 million units in October, growing by 11.5% YoY, or by 3.4% when adjusted for the number of selling days in the month. The annuali
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CVGI
News
- Woodson Equity Acquires Commercial Vehicle Group’s First Source Electronics BusinessBusiness Wire
- Saudi Arabia Automotive Actuators Market Forecast Report (2024-2032) by Type, Product, Vehicle, and Sales Channel [Yahoo! Finance]Yahoo! Finance
- Impressive Earnings May Not Tell The Whole Story For Commercial Vehicle Group (NASDAQ:CVGI) [Yahoo! Finance]Yahoo! Finance
- Bengur Bryan Advises Commercial Vehicle Group on the Sale of its First Source Electronics Business to Woodson EquityPR Web
- Commercial Vehicle Group Announces Departure of Carlos JimenezGlobeNewswire
CVGI
Earnings
- 11/4/24 - Miss
CVGI
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- CVGI's page on the SEC website