Visteon Corp. does not expect to meet its financial targets for the remainder of the year, with second-half revenues estimated to be about 10% lower than first-half sales of $5.7 billion. The company cites production cuts at Detroit-based auto makers, a changing vehicle mix and rising raw material prices as reasons for the lower expectations. In addition, Visteon reportedly plans to close its Chicago fuel-tank plant by June, affecting about 290 workers. The factory primarily produces fuel ...

Premium Content (PAID Subscription Required)

"Supplier Roundup" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.