Commercial Vehicle Group, Inc. - Common Stock (CVGI)
Competitors to Commercial Vehicle Group, Inc. - Common Stock (CVGI)
Bendix Commercial Vehicle Systems LLC
Bendix, a subsidiary of Honeywell, competes with Commercial Vehicle Group, Inc. by providing various vehicle safety products, including antilock braking systems and collision mitigation solutions. Bendix's robust product offerings and strong presence in OEM and aftermarket sectors empower it to maintain a competitive advantage through brand recognition and customer trust in safety and compliance standards, positioning it favorably against other players like CVGI in the same market.
Dana Incorporated DAN -9.49%
Dana Incorporated provides engineered solutions for vehicle drivetrains and is a significant competitor to Commercial Vehicle Group, Inc. in terms of supplying similar components for commercial vehicles. Dana's broad portfolio of products, including axles, driveshafts, and sealing technologies, allows it to offer integrated systems that appeal to OEMs and aftermarket customers alike. Dana's long-standing relationships with major automotive manufacturers give them a competitive edge in securing contracts and optimizing product delivery timelines.
Meritor, Inc.
Meritor, Inc. manufactures a variety of components for commercial vehicles, including axles, brakes, and drivelines. Similar to Commercial Vehicle Group, Inc., Meritor competes in the automotive and light vehicle markets, focusing on aftermarket services and original equipment manufacturers (OEMs). Meritor benefits from its deep industry experience and established client base, giving it an upper hand in market penetration and customer loyalty compared to newcomers or smaller players in the sector.
Wabco Holdings Inc.
Wabco Holdings Inc. specializes in braking control systems and is a prominent player in the commercial vehicle and industrial markets. Both Wabco and Commercial Vehicle Group, Inc. focus on similar product categories, including safety and efficiency systems for trucks and buses, making them direct competitors. Wabco has a competitive advantage due to its extensive research and development capabilities, allowing for advanced technological solutions and a well-established brand presence in the market.
ZF Friedrichshafen AG
ZF Friedrichshafen AG is a major multinational company that manufactures car and truck parts, focusing on driveline and chassis technology, as well as active and passive safety technology. Both ZF and Commercial Vehicle Group, Inc. compete in the commercial vehicle sector, but ZF's significant scale and financial resources allow for extensive investment in R&D and production optimization, providing it with a leading edge in innovative technology and economies of scale.