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 ...
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