Stock Symbol: VC
One Village Center Drive
Visteon Corporation Industry:
Auto & Truck Parts
Visteon Corporation Description:
Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has approximately 79,000 employees and a global delivery system of more than 180 technical, manufacturing, sales, and service facilities located in 25 countries.
Visteon Corporation Financial Summary:
Visteon Corporation is a supplier of automotive systems, modules and components to global vehicle manufacturers, operating in two segments: Automotive and Glass. For the 6 months ended 6/30/05, revenues rose 2% to $9.99B. Net loss totaled $1.38B vs. an income of $44M. Revenues reflect increased sales from non-Ford customers. Higher loss reflects lower operating margins and the presence of special charges.
Visteon Corporation Business Summary:
Visteon Corporation (Visteon) is a global supplier of automotive systems, modules and components to global vehicle manufacturers and the automotive aftermarket. Visteon operates in two business segments: Automotive Operations and Glass Operations. In the Automotive Operations segment, Vsiteon is a supplier of automotive systems, modules and components in six product areas: climate control, interior, exterior, powertrain, chassis and electronics. Its products are featured on vehicles built by many automotive manufacturers, including Ford Motor Company, General Motors, Toyota, DaimlerChrysler, Volkswagen, Honda, Renault, Nissan, Hyundai, Peugeot, Mazda and BMW. Visteon's Glass Operations segment designs, produces and distributes automotive glass products for Ford and aftermarket customers, and float glass for commercial architectural and automotive applications. The Automotive Operations segment accounted for 97% of the Company's total sales for the year ended December 31, 2004.