Visteon signs agreement to sell shares in Duckyang JV for $ 24.1 mn
Visteon Corporation today announced that the company has reached an agreement to sell its 50 percent ownership stake in a Korean automotive interiors joint venture, Duckyang Industry Co., Ltd in support of its previously announced intentions to divest its interiors business. Based in Ulsan, South Korea, Duckyang manufactures and develops original equipment interior components for vehicles. The sale to certain[Read More…]