Visteon

HARD-CORE SOFTWARE

A new breed of software engineer

12:01 am U.S. ET | Aug. 3, 2015

As auto suppliers beef up their software development, the hunt for software talent has taken on the urgency of a gold rush....
Read More »

Visteon affirms software shift

12:01 am U.S. ET | June 22, 2015

Now that Sachin Lawande has been named CEO of Visteon Corp., effective next week, his to-do list can be boiled down to one word: software. When Visteon was spun off from Ford Motor Co. 15 years ago, the company was a traditional metal-bending conglomerate. Now, Visteon specializes in cockpit electronics....
Read More »

Automotive electronics vet to lead Visteon

12:01 am U.S. ET | June 15, 2015

As Visteon Corp. transforms into strictly a supplier of automotive electronics, it will be led by a veteran in that field....
Read More »

Visteon completes $3.6B sale of climate JV

4:50 pm U.S. ET | June 9, 2015

Visteon completed a $3.6 billion divestiture of its stake in the South Korean joint venture Halla Visteon Climate Control to Hankook Tire and private-equity firm Hahn & Co....
Read More »

Visteon sued by township over bond payments

4:29 pm U.S. ET | May 12, 2015

Supplier Visteon has been sued by the township where it is based in a dispute over payments on bonds used originally to finance construction of Visteon's headquarters complex....
Read More »

Superior relocates HQ from Calif. to Detroit

12:15 pm U.S. ET | May 8, 2015

Superior Industries International, a longtime aluminum wheel manufacturer led by former Visteon CEO Don Stebbins, is relocating its global headquarters from California to suburban Detroit....
Read More »

Visteon posts Q1 sales bump after acquisition

10:54 am U.S. ET | May 7, 2015

Visteon today reported strong first-quarter profits and sales thanks in large part to its 2014 acquisition of Johnson Controls' global electronics business....
Read More »

Is a focused, all-in Visteon now stable?

12:01 am U.S. ET | March 23, 2015

When Tim Leuliette steps down as CEO of Visteon Corp. late this year, he will leave behind a company working in just one major product sector: cockpit electronics. That's a radical change for Ford Motor Co.'s former in-house parts division, which had a vast, disjointed product portfolio....
Read More »

How Faurecia made over a Visteon relic

12:01 am U.S. ET | March 22, 2015

Faurecia knew it had a big job converting a castoff Visteon plant it bought in 2012 in Michigan into a profitable operation. But Saline now has three key ingredients for survival: an owner with deep pockets; a loyal customer, Ford; and a pragmatic union....
Read More »

Visteon CEO Leuliette to leave by year-end

8:39 am U.S. ET | March 16, 2015

Auto supplier Visteon said today that CEO Tim Leuliette will step down as head of the company by the end of this year as soon as a successor is named....
Read More »

TIM LEULIETTE, CEO, VISTEON CORP.

Visteon zeros in on 1 segment: The connected car

12:01 am U.S. ET | Jan. 26, 2015

With Visteon Corp.'s announcement last month that it would sell its division that produces heating, ventilation and air conditioning systems, the supplier is concentrating on one product segment: cockpit information systems....
Read More »

Visteon names two new board members

11:57 am U.S. ET | Jan. 7, 2015

Visteon named two new members to its board amid a flurry of merger and acquisition activity at the supplier in recent months....
Read More »

Visteon to sell Halla Climate unit stake for $3.6 billion

12:38 pm U.S. ET | Dec. 17, 2014

Visteon has agreed to sell a majority stake in Halla Visteon Climate Control to South Korea’s Hankook Tire and its investment partner for $3.6 billion, to focus on connected-vehicle solutions and cockpit electronics....
Read More »

Grupo Antolin, Dongfeng Visteon form China JV for interior parts

Dec. 5, 2014 06:01 CET

Spanish supplier Grupo Antolin is forming a joint venture with Dongfeng Visteon to produce interior components in China. The JV will supply components to Renault, PSA/Peugeot-Citroen and other customers....
Read More »

Visteon in talks to sell Korean joint venture

12:01 am U.S. ET | Dec. 1, 2014

Visteon Corp. confirmed that it's in discussions with a private equity firm to sell its stake in South Korean joint venture Halla Visteon Climate Control Corp....
Read More »

Halla mulls buying back Visteon stake in climate control unit

7:34 pm U.S. ET | Nov. 26, 2014

Halla CEO Im Kee Young said he's still considering buying back the group's former automotive heater and air conditioner maker after a buyout fund agreed to acquire a stake in the business, Halla Visteon Climate Control....
Read More »

Visteon confirms discussions to sell stake in climate control joint venture

8:16 am U.S. ET | Nov. 25, 2014

Visteon Corp. confirmed this morning that it's in discussions with a private equity firm to sell its stake in South Korean joint venture Halla Visteon Climate Control Corp....
Read More »

Korean buyout fund considers buying Halla Visteon Climate Control stake

6:43 am U.S. ET | Nov. 24, 2014

South Korean buyout fund Hahn & Co. is considering purchasing shares in Halla Visteon Climate Control Corp. from Visteon Corp., a person familiar with the matter said....
Read More »

Visteon posts Q3 loss on one-time items, but revenue rises 33%

10:24 am U.S. ET | Nov. 6, 2014

Visteon said today it posted a $21 million net loss for the third quarter because of charges from discontinued operations, but revenue surged 33 percent, helped by its acquisition of Johnson Controls' electronics business....
Read More »

Visteon completes major part of sale of interiors business

8:58 am U.S. ET | Nov. 3, 2014

Visteon said today it completed the largest phase of a deal to transfer its automotive interiors business to Dutch firm Reydel Automotive Holdings BV....
Read More »

Delphi explores sale of thermal unit for as much as $1 billion, report says

1:25 pm U.S. ET | Oct. 22, 2014

Delphi Automotive, the former parts unit of General Motors, is exploring a sale of a business that makes heating and cooling systems for cars, and will seek as much as $1 billion for the unit, people with knowledge of the matter told Bloomberg....
Read More »

Ford to close climate control plant, lay off 257 workers

3:11 pm U.S. ET | Oct. 21, 2014

Ford plans to shed the last line of business in nine-year-old Automotive Component Holdings LLC by December when ACH closes its Sheldon Road climate control plant in suburban Detroit and lays off its last 257 employees....
Read More »

Visteon board considers splitting company in two, reports say

11:35 am U.S. ET | Sept. 10, 2014

Visteon is exploring a plan to split into two companies, one focused on electronics and the other on climate controls, people familiar with the matter said....
Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read