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Visteon Corp

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  • May 8- Auto parts maker Visteon Corp reported a 7 percent rise in quarterly revenue as higher vehicle production boosted sales of its climate control products. Visteon did not give its own estimate on Thursday, but said higher production, particularly in Asia Pacific and Europe, boosted sales of its climate control products in the first quarter ended March 31.

  • Higher auto production boosts Visteon's revenue Thursday, 8 May 2014 | 7:17 AM ET

    May 8- Auto parts maker Visteon Corp reported a rise in quarterly revenue as higher vehicle production boosted sales of its climate control products. Revenue in the business rose by $40 million to $1.3 billion in the first quarter ended March 31. Total revenue rose 7 percent to $1.98 billion.

  • May 2- Auto parts maker Visteon Corp said it would sell most of its automotive interiors business to private equity firm Cerberus Capital Management LP as it focuses on its fast-growing climate control and electronics operations.

  • May 2- Auto parts maker Visteon Corp said it would sell a majority of its automotive interiors business to private equity firm Cerberus Capital Management LP. The sale price was not disclosed. The operations, which had revenue of about $1 billion in 2013, make products such as instrument and door panels.

  • Feb 25- Visteon Corp, the auto parts maker, posted a stronger-than-expected quarterly profit on Tuesday and reaffirmed its forecasts for 2014, sending its shares up in morning trading. Net income surged to $513 million, or $10.32 a share, in the fourth quarter, compared with $39 million, or 74 cents a share, in the year earlier period.

  • Feb 25- Visteon Corp, the auto parts maker, on Tuesday posted a stronger-than-expected quarterly profit and reaffirmed its 2014 financial projections. Net income surged to $513 million, or $10.32 a share, in the fourth quarter, compared with $39 million, or 74 cents a share, in the year earlier period.

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