Automotive Rocker Panel Market to Reach $86,444.32 Million, Globally, by 2033 at 5.1% CAGR: Allied Market Research [Yahoo! Finance]
Commercial Vehicle Group, Inc. (CVGI)
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm
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Source: Yahoo! Finance
Wilmington, New Castle, Delaware, May 03, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “Automotive Rocker Panel Market by Product Type (Steel, Plastic, and Rubber), Vehicle Type (Passenger Car and Commercial Vehicle), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2024–2033." According to the report, the automotive rocker panel market was valued at $ 54,341.2 million in 2023 and is projected to reach $ 86,444.32 million by 2033, registering a CAGR of 5.1% from 2024 to 2033. Prime determinants of growth The industry's sales are majorly influenced by an increase in vehicle production. Manufacturers adjust their strategies based on demand fluctuations to take advantage of opportunities and manage risks effectively. When production volumes increase manufacturers can have cost savings due to economies of scale resulting in profits per unit. Higher production levels further enable manufacturers to keep up with
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CVGI
Earnings
- 5/6/24 - Miss
CVGI
Sec Filings
- 5/16/24 - Form 8-K
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- CVGI's page on the SEC website