CVG Reports Higher Third-Quarter Profit

Commercial Vehicle Group reported third-quarter income of $7.4 million, or 26 cents per share, up from to $1.1 million, or 4 cents, a year ago.

The New Albany, Ohio, maker of truck components said its revenue rose 43.7% to $216.9 million. Operating income rose to $13.5 million, from $5.1 million.

CVG estimates 2011 North American Class 8 truck production levels in the range of 250,000 to 255,000 units.