Visteon posts quarterly loss, cuts outlook

Newswire

DETROIT, July 30 (Reuters) - Auto parts maker Visteon Corp posted a quarterly loss on Wednesday, hit by sluggish vehicle sales in North America and costs linked to restructuring, and cut its full-year sales outlook. The net loss narrowed to $42 million, or 32 cents per share, in the second quarter from $67 million, or 52 cents per share, a year earlier. Revenue fell to $2.91 billion from $2.97 billion. (Reporting by Soyoung Kim; Editing by Lisa Von Ahn)

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