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Visteon

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Last Updated 2024-04-19

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Ticker Symbol Entity Name As Of Date Profile Url Name Website Industry Description Revenue Headquarters location CEO Rating: CEO (%) Rating: CEO Responses Count Rating: Overall Happiness: Compensation score Happiness: Support score Happiness: Purpose score Happiness: Flexibility score Happiness: Energy score Happiness: Work Happiness score Happiness: Trust score Happiness: Learning score Happiness: Belonging score Happiness: Inclusion score Happiness: Overall score Happiness: Appreciation score Happiness: Achievement score Happiness: Responses Count Review Count Ratings Responses Count Rating: Culture & Values Rating: Compensation & Benefits Rating: Job Security & Advancement Rating: Senior Management Rating: Worklife Balance Interview: Duration Responses count Interview Duration Interview: Difficulty Responses count Interview Difficulty Interview: Experience Responses count Interview Experience Work Culture: Stressful (0) to Relaxed (1) Ratio Work Culture: Slow Paced (0) to Fast Paced (1) Ratio Work Culture: Competitive (0) to Collaborative (1) Ratio Date Added Date Updated Company Name Sector Industry
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 29th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 62.0 74.0 59.0 62.0 57.0 70.0 55.0 59.0 62.0 68.0 69.0 35.0 817.00 817.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 29th, 2022 12:44PM Aug 29th, 2022 12:44PM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 28th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 62.0 74.0 59.0 62.0 57.0 70.0 55.0 59.0 62.0 68.0 69.0 35.0 817.00 817.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 28th, 2022 05:45AM Aug 28th, 2022 05:45AM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 27th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 62.0 74.0 59.0 62.0 57.0 70.0 55.0 59.0 62.0 68.0 69.0 35.0 817.00 817.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 27th, 2022 05:03AM Aug 27th, 2022 05:03AM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 25th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 62.0 74.0 59.0 62.0 57.0 70.0 55.0 59.0 62.0 68.0 69.0 35.0 816.00 816.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 25th, 2022 09:42AM Aug 25th, 2022 09:42AM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 23rd, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 61.0 74.0 58.0 61.0 57.0 69.0 54.0 59.0 61.0 68.0 68.0 34.0 816.00 816.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 23rd, 2022 11:35AM Aug 23rd, 2022 11:35AM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 21st, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 61.0 74.0 58.0 61.0 57.0 69.0 54.0 59.0 61.0 68.0 68.0 34.0 816.00 816.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 21st, 2022 01:20PM Aug 21st, 2022 01:20PM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 20th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 61.0 74.0 58.0 61.0 57.0 69.0 54.0 59.0 61.0 68.0 68.0 34.0 816.00 816.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 20th, 2022 02:58PM Aug 20th, 2022 02:58PM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 19th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 61.0 74.0 58.0 61.0 57.0 69.0 54.0 59.0 61.0 68.0 68.0 34.0 816.00 816.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 19th, 2022 01:19PM Aug 19th, 2022 01:19PM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 18th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 61.0 74.0 58.0 61.0 57.0 69.0 54.0 59.0 61.0 68.0 68.0 34.0 816.00 816.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 18th, 2022 05:03AM Aug 18th, 2022 05:03AM Visteon Consumer Goods Automobiles & Parts
nasdaq:vc https://www.indeed.com/cmp/visteon Aug 17th, 2022 12:00AM Open Visteon Transportation Equipment Manufacturing Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US. Bankruptcy The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company. Geographic Reach Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries. Sales & Marketing Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list. Financial Analysis Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011. Strategy Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations. RRv1_5B_10B 1 Village Center Dr. Van Buren Township MI, United States 48111 飯久保洋 4.10 64.0 64.0 61.0 74.0 58.0 61.0 57.0 69.0 54.0 59.0 61.0 68.0 68.0 34.0 816.00 816.00 3.90 4.00 3.40 3.60 3.90 18.00 About a week 19.00 MEDIUM 19.00 FAVORABLE Aug 17th, 2022 10:42AM Aug 17th, 2022 10:42AM Visteon Consumer Goods Automobiles & Parts

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