Commercial Vehicle Group Inc. (CVGI) 2012年年度报告「NASDAQ」.pdf

1、2012 ANNUAL REPORTSTRATEGYCVG is guided to achieve our vision by our strategic objectives,success factors and core values.STRATEGIC OBJECTIVES GeographicDiversity EndMarketDiversification TechnologyLeader PeopleDevelopmentSUCCESS FACTORS Safety Quality Profitability CustomerSatisfaction StockholderV

2、alueCORE VALUES ContinuousImprovement InnovationandCreativity Integrity Teamwork PassionCVG 2012 ANNUAL REPORT|1ASTEADYCOURSEIN2012CVG is proud to have accomplished another year of steady,measured growth in 2012,remaining on course and committed to our long-term strategic plan.We maintained a strong

3、 balance sheet in spite of market fluctuations,ending the year with growth in revenues over the previous year.STRATEGICGROWTHAROUNDTHEGLOBECVG continued to grow in 2012 with acquisitions that expand our services and products,while increasing our market share around the world.New companies and their

4、products have been assimilated into the CVG vision of becoming the leading global supplier of commercial vehicle components.WeacquiredDaltek,LLC,acompanyspecializingindecorativeandothercustomizedinteriorandexteriorfinisheswithapplicationssuchaspaint,UVhard coating and hydrographics.CVG provides thes

5、e services under our new FinishTEK brand.Additionally,CVG acquired the assets of Vijayjyot Seats Private Limited,which supplies seats primarily for the passenger,school and coach bus markets in India.This acquisition allows us to expand into the commercial vehicle market in India and complements our

6、 existing initiatives in the construction and truck markets in that region.It also represents continued strides for us in India,which we have strategically identified as a strong market for growth opportunities.FROMTHECEOFORWARDTHINKINGCVG continues to seek growth opportunities that match our vision