UPDATE 2-Visteon posts wider third quarter loss

Newswire

(Updates throughout with details, adds byline) By Justin Hyde DETROIT, Oct 17 (Reuters) - Auto parts maker Visteon Corp. on Friday said its third-quarter net loss tripled over the same period a year ago, as production fell at largest customer Ford Motor Co. and a new union contract raised costs. It was the fifth straight quarter that Visteon reported a net loss, highlighting the pressure large auto suppliers face to cut costs and win new contracts. Delphi Corp. ,the world's largest ...

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