Commercial Vehicle Group Inc. (CVGI) 2005年年度报告「NASDAQ」.pdf

1、 2 2 3 3 4 4Contents Letter to the Stockholders Our Vision Global Network Products End Markets Financial Highlights Executive Management Form 10-K Corporate Information 5 5 6 6Sincerely,Mervin Dunn President and Chief Executive Officer mirror,controls and switch products,we feel we are in a greater

2、position than ever before to capitalize on the opportunities in the global commercial vehicle market.Looking Ahead Our Research and Development team continues to focus on future product innovation and process improvements.Throughout every level of our organization,we have developed a culture of cont

3、inuous improvement which keeps us at the forefront of the industry as well as improving manufacturing efficiencies and increasing product reliability.We continue to search for new and enhanced methods of providing the commercial vehicle market with higher quality,shorter lead times,100%on-time deliv

4、ery and the best service for the OEM and Aftermarket segments.ANOTHER SOLID YEAR FOR COMMERCIAL VEHICLE GROUP IN OUR FIRST FULL YEAR as a public company,CVG made great strides towards further developing a stronger,more diversified and integrated global company.During 2005,we completed three strategi

5、c acquisitions while maintaining our financial strength and flexibility.We continued to seek ways to lower costs,improve manufacturing efficiencies and increase product throughput.Management is focused on implementing our strategy to become the premier system supplier for the commercial vehicle indu

6、stry.As a result of our acquisitions,our product offering has been enhanced to include complete cab structures,sleeper boxes and other structural components;wiring harnesses,panel and cab frame assemblies and injection molding products.Together with our variety of seating,interior,wiper,Management i