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Companies : Visteon Corporation

Visteon Frontpage


  Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has approximately 75,000 employees and a global delivery system of more than 180 technical, manufacturing, sales and service facilities located in 25 countries.

  

For the full year 2003, Visteon recorded a net loss of $1.2 billion or $9.65 per share. These results include the fixed asset write-downs and increase in the deferred tax asset valuation allowance recorded in the fourth quarter, and restructuring and other special items of $219 million. In aggregate, after tax, these items total $947 million, or $7.53 per share.

Total revenue for full year 2003 was $17.7 billion, down $735 million from full year 2002. Non-Ford revenue totaled $4.2 billion for the year, up $569 million from the full year 2002, and represented 24% of total sales.


Visteon Chief Information Officer Lorie Buckingham Wins "Top Michigan Women in Computing" Award

VAN BUREN TOWNSHIP, Mich., Nov. 9, 2004 - Lorie Buckingham, senior vice president and chief information officer for Visteon Corporation (NYSE:VC), has been named a winner of the "Top Michigan Women in Computing" award for 2004. The award, given by the Association for Women in Computing - Ann Arbor Chapter (AWC-AA), recognized Buckingham and nine other winners as being "the best and brightest among the many outstanding Michigan women in IT."

see article


Visteon Releases Fourth Quarter And Full Year 2003 Results

DEARBORN, Michigan, January 23, 2004 - Visteon Corporation (NYSE: VC) today announced fourth quarter and full year results for 2003. For the fourth quarter 2003, Visteon reported a net loss of $863 million. These results include special charges of $756 million. In the fourth quarter of 2002, Visteon reported a net loss of $34 million, including special charges of $51 million.

see article


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