Visteon Amends Reorganization Plan
7 May 2010, 14:47 UTC · By: Daniel Patrascu / The strongly debated reorganization plan filed by Visteon as part of its bankruptcy process was amended by the supplier today and submitted with the US Bankruptcy Court for the District of Delaware ...
Visteon Begins Battle with Shareholders
30 Apr 2010, 09:05 UTC · By: Daniel Patrascu / After earlier this week Aurelius Capital Master and two related investors made a request to the Wilmington bankruptcy court, asking it to reject the proposed reorganization plan submitted by Visteon...
Visteon Execs to Split $237 Million
27 Apr 2010, 10:20 UTC · By: Daniel Patrascu / The Visteon bankruptcy story continues in the US, with the latest development being the claim that some company executives are advocating for a plan which will allow them to split $237 million in st...
Visteon Presents New Cockpit Electronics System in Beijing
24 Apr 2010, 12:42 UTC · By: Alina Dumitrache / This year’s auto show in Beijing is not short on innovation, and a new product launched by Visteon’s Chinese division, Yanfeng, is a proof to that. The Advanced Cockpit Electronics Inter...
Visteon Previews Topics for 2010 SAE World Congress
13 Apr 2010, 10:46 UTC · By: Alina Dumitrache / The 2010 SAE World Congress kicking off today will see a number of sessions held by various automotive-related companies that will be concentrating on the Ecollaboration theme (Engage, Exchange, Exc...
Visteon to Keep Pension Plans
17 Mar 2010, 11:25 UTC · By: Daniel Patrascu / Contrary to what it initially planned to do, American supplier Visteon announced today it will keep the pension plans for the 23,000 employees and retirees. This means the decision made in December,...
Autoliv Acquires Radar System Business
5 Mar 2010, 14:55 UTC · By: Alex Vasile / Autoliv, one of the world’s biggest automotive safety system manufacturer, has just announced the acquisition of Visteon’s radar system business. Autoliv’s announcement follows the...
Tata Nano Gets Visteon Audio System
15 Dec 2009, 15:14 UTC · By: Alina Dumitrache / Tata Nano will benefit from a Visteon audio system that can be fitted by the dealer, as well as a lightweight air intake manifold designed to offer quiet performance for the 2-cylinder Nano. The aud...
Court Approves Visteon $150M Restructuring
13 Nov 2009, 14:52 UTC · By: Daniel Patrascu / Bankrupt American supplier Visteon announced today it has received court approval for a $150 million worth of deals which will allow it to restructure its operations and get financing for its reorga...
Visteon Sees China as Key Market
29 Oct 2009, 08:12 UTC · By: Bogdan Popa / After filing for bankruptcy in the United States, Visteon is now studying new ways to cope with the economic downturn and expanding operations in China seems to be the easiest way to do that. In an ...
Court Denies Visteon Execs Bonuses
9 Oct 2009, 06:51 UTC · By: Daniel Patrascu / The Bankruptcy Court in Wilmington has denied Visteon's request to give bonuses to 12 of its executives. As announced back in mid-August, Visteon planned to cut $31 million in employee health-c...
Updated: Visteon Looking to Reduce NA Interiors Business
6 Oct 2009, 10:17 UTC · By: Bogdan Popa / Visteon Corporation continues its restructuring process in North America with a new announcement: the company is looking to sell a Highland Park factory that currently handles production of door tri...
Detroit 3, Nissan to End Contracts with Visteon
5 Oct 2009, 08:05 UTC · By: Bogdan Popa / Visteon, currently operating under bankruptcy protection, might lose contracts with GM, Chrysler and Ford, also known as Detroit 3, as well as with Japanese carmaker Nissan. In a report published to...
New Virtual Display System for Range Rover
1 Oct 2009, 09:29 UTC · By: Daniel Patrascu / As we previously announced, in the near future the Range Rovers will benefit from a virtual display system, developed by American manufacturer Visteon. The unit is getting closer to reality, as it w...
Visteon to Build New Renault Scenic Center Consoles
28 Sep 2009, 06:50 UTC · By: Bogdan Popa / Visteon Corporation will manufacture the center console for both the new Renault Scenic and Grand Scenic minivans, the company announced yesterday. Visteon has already supplied center consoles for t...
Ford Vehicles with SYNC Get Aftermarket Navigation from Visteon
31 Aug 2009, 06:55 UTC · By: Alina Dumitrache / A new in-dash navigation and entertainment system has been announced by the global automotive supplier Viseton Corporation as available. This aftermarket kit named Visteon Navigation Radio System is...
FormTech Industries Files for Bankruptcy
28 Aug 2009, 12:15 UTC · By: Daniel Patrascu / Another American automotive supplier was forced into filing for bankruptcy this week, as a result of the current economical environment. As a result of the filing, FormTech is now looking approval t...
Visteon to Cut Health Benefit, Give Bonuses to Managers
17 Aug 2009, 09:47 UTC · By: Daniel Patrascu / Bankrupt American supplier Visteon submitted in court on Friday a proposal to cut health-care insurance for about 7,700 retirees and employees. The supplier says the move is necessary in order to sa...
2010 Range Rover Gets ‘Virtual’ Instrument Cluster from Visteon
28 Jul 2009, 07:03 UTC · By: Alina Dumitrache / Even if it's working without any profit for the past nine years, filed for bankruptcy at the end of May and recently announcing its plans to delay employee bonuses, automotive part supplier Vis...
Visteon Delays Employee Bonuses
16 Jul 2009, 08:45 UTC · By: Daniel Patrascu / Following the objection raised by Ford to its plans to award no less than $80.3 million in bonuses to employees, bankrupt part supplier Visteon announced it has delay plans to do so, for both employ...