Visteon posts quarterly net loss

Newswire

DETROIT, Feb 16 (Reuters) - Auto parts maker Visteon Corp. posted a quarterly net loss on Friday amid pressure from vehicle production cuts in North America by former parent Ford Motor Co. . Visteon reported a net loss of $39 million, or 30 cents per share, for the fourth quarter, compared with net income of $1.3 billion, or $10.25 per share, a year earlier, when it recorded a gain from the sale of facilities to Ford. Analysts expected a loss of 81 cents per share, according to Reuters ...

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