QUOTE AND NEWS
Automotive World  Dec 18  Comment 
Global automotive supplier to demonstrate how Cloud-based technologies and connected services will help vehicles remain current and personalized throughout their lifetimes Visteon Corporation (NYSE:VC) will premiere a range of innovative connected...
Reuters  Dec 18  Comment 
U.S. auto parts maker Visteon Corp has agreed to sell its majority-owned South Korean unit for $3.6 billion, cashing in on a quadrupling of the air conditioning firm's share price...
Reuters  Dec 17  Comment 
South Korea's Hankook Tire said on Thursday that it has agreed to buy a 19.49 percent stake in Visteon Corp's South Korean unit for 1.08 trillion Korean won ($983.84...
Benzinga  Dec 17  Comment 
Volcano (NASDAQ: VOLC) surged 55.18% to $17.83. The volume of Volcano shares traded 23311% higher than normal. Philips (NYSE: PHG) agreed to acquire Volcano for $18.00 per share. Auspex Pharmaceuticals (NASDAQ: ASPX) shares rose 101.39% to...
Wall Street Journal  Dec 17  Comment 
Visteon Corp. agreed to sell its 70% interest in Halla Visteon Climate Control Corp. to an affiliate of South Korea-based private equity firm Hahn & Co. and Hankook Tire Co. in a deal valued at about $3.6 billion.
Reuters  Dec 15  Comment 
South Korean tyre maker Hankook Tire is considering partnering with private equity firm Hahn & Company to jointly bid for Halla Visteon Climate Control Corp, an official at...
Automotive World  Dec 10  Comment 
Halla Visteon Climate Control Corp. (KS: 018880), a full-line supplier of automotive thermal management solutions, has been honored by Fiat Chrysler Automobiles (FCA) Group in Asia Pacific with the 2013 Supplier of the Year award in the electrical...
Automotive World  Dec 3  Comment 
President and CEO receives prestigious award in management performance for strong track record of growth, profitability, stability and employment YH Park, president and CEO of Halla Visteon Climate Control Corp. (KS: 018880), a full-line supplier...




 
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Michigan-based Visteon Corporation (VC) is one of the world's largest automotive component manufacturers, catering to both original equipment manufacturers (OEMs) and the aftermarket. The company has 49,000 employees with 170 facilities in 24 countries. The company has five segments: Climate (29%), Electronics (30%), Interiors (26%), Other and Services (15%). The company is globally second in the Climate and Interiors business and fourth in the Electronics business. Visteon's operations extend to Europe and other regions. The North American market contributed 32% of revenues, Europe 43%, while Asia contributed 25%. Ford is Visteon's largest customer, and accounts for approximately 45% of its revenue. The next five largest customers account for 13% of sales. The company sells components to the world's largest vehicle manufacturers including Bayerische Motoren Werke AG (BMW), DAIMLERCHRYSLER AG (DAI), Ford Motor Company (F), General Motors, Honda, Hyundai/Kia, Nissan, Peugeot, Renault, Toyota and Volkswagen.




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