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)
Premium Content (PAID Subscription Required)
"Visteon posts quarterly loss, cuts outlook" 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!
Current subscribers, please login or CLICK for support information.