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
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technology and visteon corp. - All News and Analysis
Learn about the World Auto Parts and Accessories Market
- 2008-09-02
Reportlinker.com announces that a new market research report related to the Car Parts and supply industry is available in its catalogue. World Auto Parts and Accessories Market http://www.reportlinker.com/p092453/World-Auto-Parts-and-Accessories--Market.html This report analyzes the worldwide markets for Auto Parts and Accessories in Billions of US$....
Carmakers open door to multimaterial method; Process gains interior access.(News)
- 2005-04-11
Byline: Rhoda Miel The auto industry's next competitive edge may be inside the press. With multimaterial injection molding, automakers are able to offer customers a wider range of colors and styles in their interiors. Molders are finding new wa Byline:...
Visteon Provides Practical and Affordable Technologies for the New-Generation European Ford Focus.
- 2004-11-04
KERPEN, Germany, November 4 /PRNewswire/ -- The new-generation Ford Focus for the European market features a variety of Visteon (NYSE: VC) developed systems and technologies including the world's first halogen adaptive lighting system. KERPEN, Germany, November 4 /PRNewswire/ -- ...
Radkoski's move to Visteon a challenge.(News)(Interview)
- 2004-08-16
Byline: Rhoda Miel Paul Radkoski stepped in as Visteon Corp. vice president of materials management for North America in May, taking over the chief purchasing post for the region from Jonathan Maples, who had set the tone for the firm's supplier r Byline:...
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:...
BMC Industries Announces Technology Agreement with Visteon Corporation to Develop and Manufacture ETM Circuit Boards
- 2001-04-03
Business Editors & Technology Writers
Automotive plastics
- 1998-09-01
Heightened awarenessDon Vesey, supervisor, Composites, Plastics, and Textiles, at Chrysler Corp., characterizes the company's position on plastics as an evolving awareness of expanding opportunities in material selection. "The important thing is to learn to use any material most effectively; and that is what we try to do as the choices...
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Glass Door
Visteon
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