Visteon

Visteon Q4 profits rise, capping 'very good' year

9:07 am U.S. ET | Feb. 25, 2014
Auto parts supplier Visteon posted a rise in quarterly profit and reaffirmed its 2014 financial projections.... Read More »

 

Visteon makes deal to use Autonet Mobile 'connected car' software

9:35 am U.S. ET | Feb. 24, 2014
Visteon has announced an agreement with Autonet Mobile that will allow Visteon to integrate Autonet's telematics software into its next-generation infotainment systems.... Read More »

 

Visteon bulks up electronics as its 2nd core line

12:01 am U.S. ET | Jan. 27, 2014
Visteon Corp., once known for its grab bag of low-margin products, has transformed itself into a major supplier of cockpit electronics. With the $265 million acquisition of Johnson Controls' electronics unit -- which makes instrument clusters, infotainment displays and body electronics -- Visteon estimates that its electronics operation will generate annual sales of $3 billion.... Read More »

 

Visteon to buy electronics unit of Johnson Controls for $265M

10:45 am U.S. ET | Jan. 14, 2014
Visteon has agreed to purchase the automotive electronics business of Johnson Controls for $265 million in cash. The acquisition is expected to close in the second quarter of 2014.... Read More »

 

Suppliers shed struggling noncore units

12:01 am U.S. ET | Dec. 16, 2013
This year Visteon CEO Tim Leuliette announced Visteon's electronics unit would be one of the company's two core operations, along with heating, ventilation and air conditioning systems.... Read More »

 

Visteon earnings soar in 3rd qtr.

12:01 am U.S. ET | Nov. 11, 2013
Visteon Corp. said it nearly tripled net income during the third quarter thanks to increased sales of climate control systems and electronics.... Read More »

 

Visteon says net income tripled to $43 million in Q3

11:27 am U.S. ET | Nov. 7, 2013
Visteon said it nearly tripled net income during the third quarter due to increased climate and electronics sales.... Read More »

 

Visteon may forgo NYSE for Hong Kong, CEO Leuliette says

12:49 pm U.S. ET | Sept. 17, 2013
Visteon is considering leaving the New York Stock Exchange and trading in Hong Kong, where investors recognize the company's value, the company's CEO said.... Read More »

 

Halla Visteon starts HVAC output in Russia

Sept. 5, 2013 06:01 CET
Halla Visteon Climate Control has begun manufacturing operations for heating, ventilation and air conditioning units in Togliatti, Russia.... Read More »

 

Halla Visteon starts HVAC unit production in Russia

2:22 pm U.S. ET | Sept. 4, 2013
Halla Visteon Climate Control said it has begun manufacturing operations for heating, ventilation and air conditioning units in Togliatti, Russia.... Read More »

 

Visteon to sell Chinese JV stake to partner for $1.2 billion

7:35 am U.S. ET | Aug. 13, 2013
Visteon agreed to sell its 50 percent stake in Chinese joint venture Yanfeng Visteon Automotive Trim Systems -- which produces interior components -- to its partner Huayu Automotive Systems for about $1.2 billion.... Read More »

 

Visteon to sell Chinese JV stake to partner for $1.2 billion

Aug. 13, 2013 13:35 CET
Visteon agreed to sell its 50 percent stake in Chinese joint venture Yanfeng Visteon Automotive Trim Systems and its direct interest in certain YFV affiliates to its partner Huayu Automotive Systems Co.(HASCO) for about $1.2 billion.... Read More »

 

Visteon posts lower Q2 profits, but raises 2013 forecast

Aug. 9, 2013 06:01 CET
Visteon posted lower second-quarter profits, but the company raised its full-year forecast after CEO Tim Leuliette pointed to stronger operating earnings in all of the company's regions, including Europe.... Read More »

 

Visteon posts lower Q2 profits, but raises 2013 forecast

8:40 am U.S. ET | Aug. 8, 2013
Visteon today posted lower second-quarter profits, but the results beat Wall Street expectations and the company raised its full-year forecast, citing improving business conditions.... Read More »

 

Cure for common codes: Devil is in details for open-source auto technology

12:01 am U.S. ET | July 5, 2013
The technology creeping into the modern car contains millions of lines of programming code, some of which is open-source -- a free license to a software's blueprint. And that creates fine-print legal issues among the myriad of programs and coding that are all working to power the latest automotive gadgetry.... Read More »

 

JCI turns to private equity to sell auto electronics unit, report says

6:40 pm U.S. ET | June 17, 2013
Johnson Controls is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from several rival auto parts suppliers faltered, according to several people familiar with the matter.... Read More »

 

Visteon reports $69 million profit for first quarter

May 10, 2013 06:01 CET
Visteon, the restructured electronics and climate controls supplier, reported major gains in first-quarter profits and revenue on higher vehicle production in Asia and North America.... Read More »

 

Visteon reports $69 million profit for first quarter

9:00 am U.S. ET | May 9, 2013
Visteon, the restructured electronics and climate controls supplier, reported major gains in first-quarter profits and revenue on higher vehicle production in Asia and North America.... Read More »

 

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