DETROIT, June 30 (Reuters) - Struggling auto-parts supplier Visteon Corp. said on Thursday it plans to cut retirement health-care and life insurance benefits for thousands of U.S. salaried workers to lower operating costs. "This is part of an ongoing effort to make Visteon competitive and profitable," Visteon spokesman Jim Fisher said. Salaried workers who retire on or after June 1, 2007, will no longer be eligible for company health-care coverage, Fisher said. The former subsidiary of ...
Premium Content (PAID Subscription Required)
"Visteon to cut benefits of retiring U.S. salaried workers" 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642