Investors in turnaround stories need to have patience, but Commercial Vehicle Group (NASDAQ:CVGI) is certainly testing the patience of its shareholders. The company's new CEO needs to be given enough time to let his turnaround plan bear fruit (he's been on the job for less than six months), but it's frustrating as heck to see CVGI go nowhere this year while Cummins (NYSE:CMI), PACCAR (NASDAQ:PCAR), and Allison (NYSE:ALSN) are all up about 20% and Modine (NYSE:MOD) and Navistar (NYSE:NAV) are up more than 60%.
CVGI is currently sitting in the middle of some uncomfortable trends. While Class 8 truck orders have improved, build rates still aren't all that...
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