Commercial Vehicle Group Reports 2Q Profit

Parts maker Commercial Vehicle Group said it earned $700,000 in the second quarter, turning around a $22.5 million loss from the same quarter last year.

The company earned 2 cents per share, versus a $1.04 loss last year. Revenue rose to $142.3 million, from $103.5 million, the company said late Wednesday.

CVG expects North American class 8 production to be 150,000 to 155,000 this year, then rising to 220,000 to 230,000 in 2011.