Commercial vehicle group announces actions in response to covid-19 pandemic

Commercial vehicle group announces actions in response to covid-19 pandemic.commercial vehicle group inc - operations in china have returned to near pre-disruption levels.commercial vehicle group - have retained staffing with lean structures for essential operations, & managing working capital investments aggressively.commercial vehicle group inc - temporary actions include 50% reduction of compensation for ceo, harold bevis.commercial vehicle group inc - temporary actions include 40% reduction of compensation for remaining executive leadership team.commercial vehicle group inc - temporary actions include 20% reduction of annual cash retainer compensation for cvg's board of directors.commercial vehicle group inc - temporary actions include select reduction in workforce and furloughing of production employees.commercial vehicle group inc - temporary actions include elimination of discretionary expenses and non-essential capital expenditures.commercial vehicle group inc - withdrawing its 2020 guidance related to north american class 5-8 truck and global construction production.
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