Commercial Vehicle Group, Inc. has completed the sale of substantially all assets of its business related to manufacturing and assembling structured products and cabs for medium and heavy-duty vehicles. The total sale amount to SVO, LLC was $40 million, subject to adjustments based on the actual inventory value as of October 1, 2024. The first $20 million was paid on the closing date, September 6, 2024, and the remaining $20 million was received by Commercial Vehicle Group on October 1, 2024. They also issued a press release regarding the transaction on October 2, 2024.