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Restructuring Pays As Visteon Reports Profit
AHN
Shaveta Bansal - AHN Contributor Detroit, MI (AHN) – Visteon’s restructuring actions yielded dividend as company posted a net income of $3 million as compared to loss of $163 million during corresponding period last year. Growth in new business also contributed to the cause. Company...
Visteon posts quarterly profit
YAHOO
Reuters - Auto parts maker Visteon Corp on Tuesday posted a quarterly profit versus a year earlier loss when it was still negotiating a deal to return several high cost plants to former parent Ford Motor Co.
Visteon sees nearly 40 pct of sales from Asia by 2008
YAHOO
Reuters - U.S. auto parts maker Visteon Corp. expects Asia Pacific to account for nearly 40 percent of its global sales by 2008, up from a third in 2005, as the local auto market grows, an executive said on Wednesday.
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