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Visteon Applies Stitch in Time for Ram IP

Tom Murphy, WardsAuto
Mar. 4, 2009 10:19am

VAN BUREN TOWNSHIP, MI – Visteon Corp. faces the very real possibility of a near-term Chapter 11 bankruptcy filing after posting last week a $663 million loss for 2008, but the supplier remains focused on developing advanced technology that will be needed when industry sales rebound.

At least one relatively new contract for

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