#VISTEON

Production

Michigan Mobility Proving Grounds Adds Tech Park

Fledgling autonomous vehicle test center seeks tenants, increased utilization  

Visteon’s CFO Resigns

Christian Garcia has resigned as Visteon Corp.’s chief financial officer and will leave the company at the end of October.

Sales

Visteon’s Profits Plunge 80%

Electronics supplier Visteon Corp. says its second-quarter sales and net income from continuing operations fell 3% to $733 million and 80% to $7 million, respectively.

Business

Visteon’s Net Income Plunges 78%

Electronics supplier Visteon Corp. says its net income in the first quarter plummeted 78% to $14 million as revenue dropped 10% to $737 million.

Mobility

Visteon Cockpit Tech Debuts in Mercedes A-Class

Visteon Corp. is introducing its SmartCore cockpit domain controller in the 2019 Mercedes-Benz A-Class small car currently being launched in global markets.

Electronics

Developer Predicts Big Gains for Digital Displays

A Finish supplier of software used to create digital displays for vehicles predicts the proportion of new cars using such screens will surge to 70% by 2023 from 30% today.

Sales

Chinese Market Boosts Visteon Profits

A surge in first-quarter sales in China offset a decline in North America for Visteon Corp.

Hybrid

Visteon to Supply Integrated Cockpit ECU to Geely

Visteon Corp. will supply its integrated cockpit domain controller to China’s Geely Auto Group for the carmaker’s new electric vehicle platform.

Mobility

14 Suppliers Win PACE Awards for Innovations

Most of the 14 winners of this year’s PACE Awards (Premier Automotive Suppliers’ Contribution to Excellence) were related to autonomous, connected and electrified vehicle programs.

Mobility

Visteon to Help China’s GAC on Autonomous Vehicles

Visteon Corp. has been hired by Guangzhou Automobile Group Co. to help the Chinese carmaker develop self-driving cars.

Mobility

Subaru Joins Michigan’s American Center for Mobility

Subaru Corp. is investing $2 million in the American Center for Mobility (ACM) test facility in Ypsilanti Township, Mich.

Mobility

Visteon Partners with China’s GAC on Electronics, Autonomy Tech

Visteon Corp. has signed a strategic cooperation agreement with Guangzhou Automobile Group Co. to develop autonomous driving technologies and cockpit electronics systems.

Electronics

Visteon Moves Stock Listing to NASDAQ

Cockpit electronics supplier Visteon Corp. says it will move its stock listing from the New York Stock Exchange to NASDAQ on Dec. 27.

Autonomous Vehicles

Toyota, Visteon Launch Testing at New U.S. Mobility Center

Visteon Corp. and the Toyota Research Institute have become the first two companies to begin testing connected and autonomous vehicle systems at the just-opened American Center for Mobility outside Ypsilanti, Mich.

Production

Visteon Joins Michigan’s Advanced Mobility Test Center

Visteon Corp. is committing $5 million to become a founder-level sponsor for the American Center for Mobility (ACM) currently under construction in Ypsilanti Township, Mich.

Economics

One-Time Gains Hike Visteon’s Profit

Visteon Corp. says special items boosted its second-quarter net income 73% to $45 million.

Electronics

Visteon’s First-Quarter Earnings Triple

Visteon Corp. says booming demand for electronics helped hike its first-quarter net earnings to $63 million from $19 million in the same period last year.

Design

Upgrading the Engineering Staff

The engineering operations in today’s auto industry need broader skill sets, notes Mark Fosmoen, director of North American engineering at Visteon Corp.

Interiors & Electronics

Visteon’s Income Hurt by Restructuring, Divestment

Visteon Corp.’s net income fell to $2 million in the fourth quarter from $21 million in the same period in 2015, reflecting restructuring costs and last year's sale of an interior components plant in Germany.

Interiors & Electronics

Visteon Readies Developer Friendly Infotainment Platform

Visteon Corp. will launch its next-generation Phoenix infotainment platform in January at CES in Las Vegas.

Autonomous Vehicles

Visteon Opens Silicon Valley Tech Center

Visteon Corp. has opened a technical center in Santa Clara, Calif., to lead the company’s development of autonomous vehicle technologies and other advanced engineering systems.

Former Magneti Marelli Exec Named CEO at Varroc Lighting

Stephane Vedie has been named CEO of Plymouth, Mich.-based Varroc Lighting Systems Inc., effective immediately.

Visteon Hires Daimler Exec to Head Driver Assist Technologies

Visteon Corp. has named Matthias Schulze to lead development of the company’s advanced driver assistance systems technologies.

Mobility

GM Demos V2X Tech in China

General Motors Co. teamed with several Chinese organizations to demonstrate standardized connected vehicle technologies this week at the SAE-China Congress & Exhibition in Shanghai.