Commercial Vehicle Group Q1 net income drops 29% y/y to USD2.6 million
Sharp decline in North America heavy duty truck production volume results in sales and profit decline in the first quarter
Commercial Vehicle Group (CVG) reported a 28.6% year-over-year (y/y) decline in net income to USD2.6 million for the first quarter ended 31 March 2016, the company said in a press release.
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