Benzinga  May 17  Comment 
Last year, Steven Cohen closed his legendary hedge fund SAC Capital, and created a new group of funds called Point72 Asset Management to manage his personal assets, as well as those of certain eligible employees. Same as in the last quarter,...
Automotive World  May 8  Comment 
New vehicle launches and an increase in content per vehicle are driving Visteon’s sales The post Increase in content per vehicle spurs Visteon’s Q1 appeared first on Automotive World.
Automotive World  May 7  Comment 
Solid financial performance Sales of $2.0 billion Adjusted EBITDA of $189 million; net income of $50 million Electronics & Corporate adjusted EBITDA of $84 million Cash from operations of $173 million Increased full-year 2015 guidance for...
Reuters  May 7  Comment 
Auto parts maker Visteon Corp reported a higher quarterly profit on Thursday on strong demand in its cockpit electronics business, sending shares up 4 percent in premarket...
Automotive World  Apr 21  Comment 
Leading automotive electronics supplier Visteon and Linux software specialist Codethink are partnering to improve the long-term traceability and reproducibility of software used in in-vehicle infotainment products. Visteon and Codethink have...
Benzinga  Apr 8  Comment 
Analysts at Barclays upgraded Visteon Corporation (NYSE: VC) from Equal-weight to Overweight. The price target for Visteon has been raised from $107.00 to $121.00. Visteon shares have gained 12.56% over the past 52 weeks, while the S&P 500...
Benzinga  Apr 8  Comment 
Automotive World  Mar 27  Comment 
Company Also Enters Into Amendment and Waiver to Credit Agreement Visteon Corporation (NYSE: VC) announced today that it has received all antitrust approvals required for the previously announced sale of its approximately 70 percent ownership...


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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