Company: CVGI
Filing Date: 2025-08-07
Form Type: 8-K
Source: 0001628280-25-038897
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Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-08-07
Form: 8-K
Item: Item 8.01
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Item 8.01. Other Events.

As previously disclosed in our Annual Report on Form 10-K for the fiscal year ended December 30, 2024 (the “2024 From 10-K”), effective January 1, 2025, we realigned certain of our reportable segments to conform with changes to our organizational structure and how our Chief Executive Officer monitors the performance of, and allocates resources to, these segments. The reorganization was designed to enhance alignment with customers and end markets, and CVG’s vertical business units were reorganized into the following three operating divisions and reporting segments: Global Electrical Systems, Global Seating, Trim Systems and Components. As part of this realignment, the Company’s Aftermarket & Accessories business unit was absorbed in these three segments. CVG's seating and electrical portfolio transitioned to Global Seating and Global Electrical Systems, respectively. CVG's wiper systems became part of the newly formed Trim Systems and Components business unit in addition to the trim and components businesses from the prior Vehicle Solutions segment.

CVG is filing this Current Report on Form 8-K to recast historical segment reporting to reflect our current organizational structure.

Attached in Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference into this Item 8.01 are recast segment discussions within Part I, “ Item 1. Business;” Part II, “ Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations;” and Notes 1, 2, 14, and 16 to CVG’s consolidated financial statements, in each case as included in the 2024 Form 10-K, as filed with the Securities and Exchange Commission (SEC) on March 17, 2025.

The changes in the reportable segment structure discussed above, as reflected in the information included in this Current Report on Form 8-K, affect only the manner in which the results for the prior segments were previously reported. This Current Report on Form 8-K does not revise nor restate CVG’s previously reported consolidated financial statements for any period, and all other information in the 2024 Form 10-K remains unchanged, including Notes 3 though 13, 15, and 17 to CVG’s consolidated financial statements, and has not been otherwise updated for events or developments that occurred subsequent to the filing of the 2024 Form 10-K with the SEC. Beginning with the first quarter of 2025, CVG’s financial statements reflected