Question-and-Answer Session
Operator
(Operator instructions) At this time, there are no questions.
John Corey
Okay. Well, if there are no questions, I'll just close the session with the following comments. I think that as we look at the market environment, particularly in North America, everybody is being challenged by this environment. I think our company is better positioned
from the fact that we've taken action early to restructure our businesses. As you know, we've started our restructuring program last year and will wrap up – largely wrap it up this year although we may have a few other things that we might do later in the year to further enhance our capabilities for next year.
So I think that Stoneridge is well-positioned. I think that you're seeing that the balance of our mix of products in both the commercial vehicle market and the automotive market, that we're able to pick up in other areas. We're winning new awards. We're happy with our rate of winning new awards, so I think that as we go through this, there will be some difficult times, but we're largely optimistic about the future of this company and where we're going and what we're doing, and I think as you see, when we get out of this major restructuring effort, we'll have a much leaner organization, a much more focused company, fewer operating plants and less overhead structure, which should position us well to compete in the future.
And again, I'd finally like to say, again, I'd like to thank the team, because our associates here are the ones who produce the results. And if you look at these results, again, they're very good results in a very difficult environment.
So with that, I'd like to thank you all for joining us on the call.
Operator
Thanks for your participation in today's conference. This concludes the presentation. You may now disconnect.
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