Visteon posts quarterly net loss

Newswire

CHICAGO, Jan 31 (Reuters) - Auto parts maker Visteon Corp. on Monday posted a quarterly net loss in preliminary results, pressured by automaker production cuts and a high cost structure. The fourth-quarter loss was $115 million, or 92 cents per share, compared with a restated loss of $829 million, or $6.60 a share, in the year-ago quarter when Visteon took $720 million in charges related to a restructuring of its ties with former parent Ford Motor Co.

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