Commercial Vehicle Group Reports 4Q Loss

Commercial Vehicle Group reported it lost $3.3 million, or 15 cents a share, for the fourth quarter, compared with a profit of $11.1 million, or 51 cents, a year ago.

Revenue for the quarter fell to $178.5 million, from $218.8 million, due primarily to a decline in the North American heavy-duty truck market, the supplier of suspension and other truck systems said late Wednesday.

For the full year, CVG lost $3.3 million, or 15 cents a share, compared with earning $58.1 million, or $2.69, a year earlier.