Accuride’s First-Quarter Widens

Commercial vehicle component maker Accuride Corp. said Thursday it lost $11.7 million, or 33 cents a share, in the first quarter, compared with a loss of $1.9 million, or 5 cents, a year ago.

Sales plunged 26.8% to $238.2 million, the company said in a statement.

That “reflects a 33% decline in North American Class 8 production and a $24 million reduction due to products re-sourced by a light vehicle customer during 2007,” the company said in a statement.