UPDATE 3-Visteon loss smaller than expected, shares jump

Newswire

(Adds analyst's remarks, details on results, stock, byline) By David Bailey DETROIT, Oct 31 (Reuters) - Auto parts maker Visteon Corp posted a smaller-than-expected quarterly loss on Wednesday due mainly to cost cuts and said its restructuring plan remained on track, sending its shares up 8 percent. Visteon, which said about two-thirds of its new business wins have been outside the North American market, also narrowed the range of its full-year loss forecast. said it had laid the ...

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