Description
Visteon is an American global automotive electronics supplier and Fortune 500 company spun off from the Ford Motor Company in 2000. Visteon is composed of multiple businesses that design, engineer, and manufacture vehicle cockpit electronics products and connected car services for a diversified customer base, including all of the major automakers worldwide.
Introduction
Visteon is a spinoff from the Ford Motor Company, as Delphi is from General Motors. In 2017, Visteon had sales of US$3.146 billion and approximately 10,000 employees at more than 40 facilities in 18 countries. Since its independence from Ford, Visteon has set a corporate goal of expanding business with other companies, and now has a diversified customer base, working with all of the major automakers worldwide. Visteon's market share, market and revenue have changed substantially since it formed. A majority of revenue (80+%) came from North America, driven by its relationship with Ford Motor Company. Today, its revenue comes predominantly from Asia, North America, and Europe. In 2005, Visteon moved to new headquarters in Van Buren Township, Michigan.
Operations
The company has three corporate offices reflecting the company's key markets.
- North American Corporate Office and Innovation Center, Van Buren Township, Michigan, United States.
- Asia Pacific Corporate Office and Innovation Center, Shanghai, China
- European Corporate Office, Chelmsford, United Kingdom.
