VisteonVisteon reports $69 million profit for first quarterMay 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 »
Visteon's Leuliette rules out sale of climate business sought by Mando 1:33 pm U.S. ET | April 18, 2013  Visteon CEO Tim Leuliette ruled out selling control of the company’s climate-control business that South Korea’s Mando has been seeking to buy. "First of all, the business isn’t for sale," Leuliette said in reference to Halla Visteon Climate Control.... Read More »
INFORMATION TECHNOLOGY Social media aid Visteon design 12:01 am U.S. ET | April 15, 2013  Visteon Corp. is using social media-style software to share part designs with potential customers and employees, a process it says will help speed new products to market.... Read More »
BRUCE GAIN Automakers rethink cockpits to help save lives 12:01 am U.S. ET | April 5, 2013  Automakers are rethinking the way they design car cockpits to reduce cognitive overload as more sophisticated infotainment systems risk increasing driver distraction, a problem that has been linked to an increasing number of fatal accidents.... Read More »
Europe's turnaround to take longer than U.S. rebound, Visteon CEO saysMarch 1, 2013 06:01 CET The auto industry's turnaround efforts will take longer to gain traction in Europe than in the United States, where some companies were able to see the positive results from their plans within a year, Visteon CEO Tim Leuliette said.... Read More »
Ford sued in the UK by over 1,400 ex-employees on Visteon pension switchFeb. 1, 2013 17:33 CET  Ford was sued by more than 1,400 former UK workers for making misleading statements about the security of transferring their pensions to Visteon during the 2000 spinoff of the auto-parts company.... Read More »
Ford sued in the U.K. by over 1,400 ex-employees on Visteon pension switch 11:33 am U.S. ET | Feb. 1, 2013  Ford was sued by more than 1,400 former United Kingdom workers for making misleading statements about the security of transferring their pensions to Visteon during the 2000 spinoff of the auto-parts company.... Read More »
AUTOMOTIVE NEWS WORLD CONGRESS Collaboration benefits suppliers and automakers 12:01 am U.S. ET | Jan. 21, 2013  Automakers are boosting production and speeding product development by working more closely with their suppliers. And suppliers are turning to nonautomotive clients and personnel to enhance their innovation.... Read More »
Visteon says employees to stay put at U.S. HQ after Asia deal 3:09 pm U.S. ET | Jan. 11, 2013  Despite a deal that will consolidate its climate business in Asia, supplier Visteon says employees at its headquarters in suburban Detroit will stay put.... Read More »
Korea's Halla to buy Visteon's auto climate businesses in China, IndiaJan. 11, 2013 06:01 CET South Korea's Halla Climate Control has decided to buy Visteon's automotive climate units, almost four months after the American auto-parts supplier announced the plan for combining the businesses to make them more competitive.... Read More »
Korea's Halla to buy Visteon's auto climate businesses in China, India 11:48 am U.S. ET | Jan. 10, 2013 South Korea's Halla Climate Control has decided to buy Visteon's automotive climate units, almost four months after the American auto-parts supplier announced the plan for combining the businesses to make them more competitive.... Read More »
AUTOMOTIVE NEWS WORLD CONGRESS 4 execs join World Congress panel on purchasing 12:01 am U.S. ET | Dec. 3, 2012 Purchasing executives from Ford, Chrysler Group and two top suppliers will take part in a purchasing panel discussion on Jan. 16, the second day of the 2013 Automotive News World Congress.... Read More »
Visteon recruits Dura Automotive CEO Stafeil as CFONov. 15, 2012 06:01 CET  Visteon has appointed supplier industry veteran Jeffrey Stafeil as chief financial officer. Stafeil joins Visteon from Dura Automotive, where he was CEO.... Read More »
Visteon opens design center in IndiaNov. 14, 2012 06:01 CET  Visteon has opened a design center in Pune, India. The facility, part of a Visteon engineering center, will house experts in human-machine interface, plus engineers, program managers and market researchers.... Read More »
Visteon opens design center in India 12:01 am U.S. ET | Nov. 13, 2012 Visteon has opened a design center in Pune, India. The facility, part of a Visteon engineering center, will house experts in human-machine interface, plus engineers, program managers and market researchers.... Read More »
Supplier personnel 12:01 am U.S. ET | Nov. 13, 2012 Personnel changes for Visteon, Dura Automotive, Federal-Mogul, TI Automotive, Eaton, Sirius and Fallbrook Technologies.... Read More »
Visteon, Delphi plan cuts to cope with Europe's slump 12:01 am U.S. ET | Nov. 5, 2012  Visteon and Delphi say they will accelerate cost cutting as carmakers slash production in the face of slowing demand, especially in Europe.... Read More »
Visteon, Delphi plan deeper cuts as Europe demand sinks 8:49 am U.S. ET | Nov. 1, 2012  Suppliers Visteon and Delphi said they were accelerating cost cutting as carmakers slash production in the face of slowing demand, especially in Europe. Visteon reported today a nearly two-thirds slide in quarterly profit, while Delphi forecast fourth-quarter results below analysts' expectations. Carmakers struggling with the European crisis and chronic overcapacity in that region are cutting plant capacity as hopes for a recovery recede.... Read More »
Visteon names former Dura CEO Stafeil as its new CFO 2:20 pm U.S. ET | Oct. 31, 2012  Visteon today announced the hiring of Jeffrey Stafeil, the former CEO of Dura Automotive, as executive vice president and CFO. Stafeil, 42, will join his former boss, CEO Tim Leuliette, at the electronics, interiors and climate-control supplier on Nov. 2.... Read More »
Ford closures could affect U.S. suppliers 12:01 am U.S. ET | Oct. 29, 2012 Ford Motor Co.'s plan to close plants in Europe begins a long, painful road for U.S.-based suppliers if they don't react quickly to the European economic crisis, industry analysts say.... Read More »
Ford assembling another minority supplier JV, sources say 2:36 pm U.S. ET | Oct. 26, 2012  Ford, for the second time this year, is orchestrating a deal to create a significant minority-owned supplier joint venture. Under the deal, which was close to being signed as of Thursday afternoon, Piston Automotive LLC and French supplier Valeo SA would create a minority-owned joint venture, two sources confirmed to Crain's Detroit Business under the condition of anonymity.... Read More »
New CEO looks to recast Visteon as smaller, more profitableOct. 18, 2012 06:01 CET  Visteon, Ford's former in-house megasupplier that produced everything from instrument panels to headlights, is about to get a lot smaller. Under new CEO Tim Leuliette, 62, the company could downsize itself to climate control. In an interview, Leuliette spelled out his plans to recast Visteon.... Read More »
THE SUPPLIER SPEAKS: TIM LEULIETTE, CEO, VISTEON New CEO looks to recast Visteon as smaller, more profitable 12:01 am U.S. ET | Oct. 15, 2012  Visteon, Ford Motor Co.'s former in-house megasupplier that produced everything from instrument panels to headlights, is about to get a lot smaller. Under incoming CEO Tim Leuliette, 62, the company could downsize itself to climate control. In an interview, Leuliette spelled out his plans to recast Visteon.... Read More »
Visteon goes Asia-centric with climate control venture 12:01 am U.S. ET | Oct. 8, 2012  Visteon CEO Tim Leuliette is moving the headquarters of his most profitable division -- reincarnated as a joint venture -- to South Korea as part of his effort to recast Visteon as an Asia-centric company.... Read More »
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