Commercial Vehicle Group Announces the Sale of Non-Commercial Vehicle Business

NEW ALBANY, Ohio, May 3, 2006 -- Commercial Vehicle Group, Inc. announced today the sale of a portion of its non-commercial vehicle business located in Livingston, Wis. Total cash consideration for the transaction was $2.0 million with a future maximum $1.0 million earn out payment if certain operating targets are achieved. The business was sold as part of the company's long-term strategy to concentrate on core business activities. The Livingston, Wis. facility manufactures wire harnesses and control panels primarily for various medical equipment manufacturers and became part of CVG in June 2005 when the company acquired all of the stock of Monona Corporation.

"The divestiture of this business represents CVG's commitment to our growth strategy and enables us to further direct our initiatives and resources towards our core business in the commercial vehicle industry," said Jerry Armstrong, president, CVG Americas.

The non-commercial vehicle business had 2005 revenues of approximately $3.5 million and operating profit of approximately $0.7 million. As a result of this transaction, CVG's 2006 revenues will be reduced by approximately $2.2 million for the remainder of the year and diluted EPS is expected to be reduced by approximately $0.02 for the balance of the year.

About Commercial Vehicle Group

Commercial Vehicle Group is a leading supplier of interior systems, vision safety solutions and other cab-related products for the global commercial vehicle market, including the heavy-duty (Class 8) truck market, the construction market and other specialized transportation markets. CVG products include suspension seat systems, interior trim systems such as instrument and door panels, cab structures and assemblies, headliners, cabinetry, molded products and floor systems, mirrors, wiper systems, controls and switches and wire harnesses specifically designed for applications in commercial vehicle cabs. CVG is headquartered in New Albany, Ohio with operations throughout North America, Europe and Asia. Information about CVG and its products is available on the internet at www.cvgrp.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," or similar expressions. These statements are based on certain assumptions that the company has made in light of its experience in the industry as well as its perspective on historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including but not limited to: (i) CVG's ability to develop or successfully introduce new products; (ii) risks associated with conducting business in foreign countries and currencies; (iii) general economic or business conditions affecting the markets in which CVG serves; (iv) increased competition in the heavy-duty truck market; (v) CVG's failure to complete or successfully integrate additional strategic acquisitions; and (vi) various other risks as outlined in CVG's SEC filings. There can be no assurance that statements made in this press release relating to future events will be achieved. CVG undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. All subsequent written and oral forward-looking statements attributable to CVG or persons acting on behalf of CVG are expressly qualified in their entirety by such cautionary statements.

For more information, visit www.cvgrp.com.