Post Tagged with: "Visteon"

Visteon signs agreement to divest majority of Automotive Interiors Business to an affiliate of Cerberus Capital Management

Visteon signs agreement to divest majority of Automotive Interiors Business to an affiliate of Cerberus Capital Management

Visteon Corporation today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31, 2014. Visteon also announced it has completed a previously announced agreement to sell its 50 percent ownership[Read More…]

Visteon’s Automotive Climate and Electronics experts to present at SAE 2014 World Congress

Visteon Corporation will be represented by its two core business units during activities associated with the SAE 2014 World Congress in Detroit from April 7-10. Experts from Visteon’s Electronics business and Halla Visteon Climate Control Corp. (HVCC) will lead professional development seminars, participate on industry panels and present technical papers. In conjunction with the SAE 2014 World Congress at Cobo Center, the[Read More…]

Visteon names Peter Ziparo Vice President and General Counsel

Visteon names Peter Ziparo Vice President and General Counsel

Visteon Corporation has named Peter Ziparo to the position of vice president and general counsel, with responsibility for the company’s global legal and compliance activities. He replaces Michael Sharnas, Visteon’s general counsel since September 2009, who has elected to relocate to southwestern Michigan and remains with the company in a revised role, focusing on strategic transactions.     Ziparo joined Visteon[Read More…]

Visteon unveils new Innovation Centre in Michigan

Visteon unveils new Innovation Centre in Michigan

Visteon Corporation has unveiled a new Innovation centre at the global automotive supplier’s corporate headquarters in Van Buren Township, Michigan. The state-of-the-art facility combines a technology showroom with a conferencing area, design studio, collaboration space and ‘experience lab’ – aimed at fostering creativity and teamwork in delivering new products and solutions for automakers. “The innovation centre is a reflection of[Read More…]

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…]

Volvo Cars honours Halla Visteon Climate Control

Halla Visteon Climate Control Corporation, a full-line automotive supplier of climate systems and components, has been honored by Volvo Cars with a Quality Excellence Award (VQE Award). Representatives of three European plants of Halla Visteon Climate Control received the awards during a recent ceremony in the Volvo hall in Gothenburg, Sweden.   “We are honored to receive the VQE certification[Read More…]