BNET Industries
Last Fiscal Year Sales:$11.2B
- Public
- US
Dow Jones Description
Visteon Corporation (Visteon or the Company) is a leading global supplier of automotive systems, modules and components to global vehicle manufacturers (OEMs) and the automotive aftermarket. The Company is headquartered in Van Buren Township, Michigan, has a workforce of approximately 33,500 employees and has a network of manufacturing sites, technical centers, sales offices and joint ventures located in every major geographic region of the world. The Company was incorporated in Delaware in January 2000 as a wholly-owned subsidiary of Ford Motor Company (Ford or Ford Motor Company). Subsequently, Ford transferred the assets and liabilities comprising its automotive components and systems business to Visteon. The Company separated from Ford on June 28, 2000 when all of the Companys common stock was distributed by Ford to its shareholders. In September 2005, the Company transferred 23 of its North American facilities and certain other related assets and liabilities (the Business) to Automotive Components Holdings, LLC (ACH), an indirect, wholly-owned subsidiary of the Company. On October 1, 2005, the Company sold ACH to Ford for cash proceeds of approximately $300 million, as well as the forgiveness of certain other postretirement employee benefit liabilities and other obligations relating to hourly employees associated with the Business and the assumption of certain other liabilities (together, the ACH Transactions). ...
Number of Employees 11,000
Contact Information
1 Village Center Dr
Van Buren Township, Michigan 48111
(313) 755-2800
Peer Companies
NAICS Code All Other Motor Vehicle Parts Manufacturing: 336399
Recent Events
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VAN BUREN TOWNSHIP, Mich., Oct. 28, 2009 /PRNewswire-FirstCall/ -- Third Quarter Summary -- Product sales...
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Chrysler to pay Visteon as it exits businesses
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Visteon Corporation Names General Counsel
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Business news briefs: Visteon to give up contracts
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Auto parts maker Visteon taps new general counsel
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Visteon to close Eureka plant; loss of 94 jobs
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Local Protesters Target Crumbling Visteon
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Retirees fight Visteon
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Intermap Technologies Reports Second Quarter Financial Results
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HVAC Control reduces system complexity in vehicles.
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Statement from Visteon Corporation Welcoming General Electric to Van Buren Township
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Deadline looms for Carbon
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Weak bank stocks drag Dow lower
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GM Purchasing Chief Leaves At Critical Time
News & Analysis
Filter by
borland delphi and visteon corp. - All News and Analysis
Deal - or no deal? M&As rose in 2006, but wait continues for some that were expected.(Focus)
- 2007-01-29
Byline: Brent Snavely Acquisitions were up in 2006, but many of the most anticipated deals are still either underway or just didn't happen. Last year both began and ended with speculation about who would eventually own Delphi Corp., Collins & Byline:...
Delphi, Visteon and Denso - 'Leaders in Auto Parts Manufacturing' According to New Industry Profile from Research and Markets
- 2006-04-25
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c35839) has announced the addition of Automobile Parts and Accessories Manufacture - Industry Profile to their offering.
Parts makers Visteon, Delphi also in dire straits in the US.
- 2006-03-29
Byline: Lijee Philip Byline: Lijee Philip
Research and Markets: A Look at the Major Manufacturers within the Vehicle Chassis Industry, Including Bosch, Delphi and Visteon
- 2006-03-03
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c33898) has announced the addition of A Global Technical And Manufacturer Review Of Automotive Chassis Systems to their offering.
Big supplier bankruptcies part of sector's cash-flow crisis.(News)
- 2005-05-23
Byline: Robert Sherefkin Crain News Service It all boils down to cash. As Ford Motor Co. and General Motors Corp. cut production, a number of suppliers are sinking into a cash-flow crisis. The latest victim is Collins & Aikman Corp.,...
Delphi, Visteon lobby to extend tax break.(News)
- 2005-02-21
Byline: Amy Lane Automotive suppliers Delphi Corp. and Visteon Corp. are lobbying to continue a multimillion-dollar tax break on sales to their former parent companies. Senate Bill 203, introduced last week by Sen. Shirley Johnson, R-Troy, woul Byline: Amy Lane...
Denso's new CEO takes aim at increasing business in U.S. Plan would muscle in on Delphi's, Visteon's strengths.(chief executive officer)(Denso International America Inc)
- 2004-08-16
Byline: Terry Kosdrosky With its sights set on winning more Big Three contracts, Denso International America Inc.'s growth plans could come at the expense of Detroit's top systems suppliers. The new CEO of Denso's North American arm wants to inc Byline:...
Auto-Parts Giants Delphi, Visteon, to Ask Detroit Union to Accept Lower Wages.
- 2003-10-05
By Ted Evanoff, The Indianapolis Star Knight Ridder/Tribune Business News By Ted Evanoff, The Indianapolis Star Knight Ridder/Tribune Business News
Ford, Visteon Settle with Auto Workers; GM, Delphi in Talks.
- 2003-09-16
By Fred O. Williams, The Buffalo News, N.Y. Knight Ridder/Tribune Business News By Fred O. Williams, The Buffalo News, N.Y. Knight Ridder/Tribune Business News
Telematics Balancing act; Suppliers struggle to advance telematics while minimizing driver distraction.(Technology)(Brief Article)
- 2002-09-16
Byline: Andrew Dietderich Remember when stepping in your car and getting there was enough? Well, it's not anymore. Today, because of the emergence of automotive telematics, driving is all about getting there while having your car tell you how to Byline:...
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Visteon
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