Visteon (NASDAQ:VC)
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Automechanika 2004 - Summary: Visteon a Strong Partner in the
Aftermarket
KERPEN, Germany, Sept. 14 /PRNewswire-FirstCall/ -- Visteon Corporation
(NYSE:VC) presents its full-service aftermarket product, sales and service
programs at Automechanika, the leading European trade show for replacement
parts and accessories, in Frankfurt, Germany, from Sept. 14-19 (Hall 3.0, Stand
B 91).
(Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO )
"Visteon's strong presence at Automechanika will help us achieve three
important goals," says Jacques de Ladonchamps, who became head of Visteon's
aftermarket organization in Europe and South America in March of this year.
"The first is that of raising the profile of the Visteon brand through new
state-of-the-art products in the mobile electronics segment. Our aim is to
establish Visteon as a customer-preferred aftermarket brand. Secondly, it will
help us to maintain and develop customer relationships on the basis of the
consistently high quality of our replacement parts in accordance with the
specifications of the original equipment market. The third goal is to
communicate the aftermarket organization's new sales and service concepts."
Mobile Electronics - In-car entertainment electronics strengthen the Visteon
brand
Visteon will highlight two major mobile electronics developments at the show.
Visteon is now selling car radios to the automotive aftermarket, and at
Automechanika will be celebrating the premiere of four Visteon-branded MP3
radios. A second innovation on display will be a portable dockable DVD family
entertainment system that is fully compatible with Visteon's DigiTune(TM), a
tuner to receive digital television.
Adding the MP3 radios to its product lineup, Visteon now offers a full range of
audio systems for the aftermarket, comprising amplifiers, subwoofers, CD
changers and DVD/CD/VCD/MP3 players. With the added benefit of its in-car
entertainment systems with head restraint displays or overhead systems, DVD
players, digital TV tuners, hands-free devices and accessories, Visteon
presents itself as the first-choice supplier for in-car entertainment
specialists in the trade.
Mobile electronics is another area in which Visteon lives up to its claim of
producing quality components. Product tests, workshop surveys and market
research among end users confirm Visteon's high quality standards in terms of
performance, reliability, robustness and product design.
Direct repair - Full service partner with direct repair centers for Visteon
audio systems
With the MP3 radio product innovations and a new service concept enabling the
direct repair of audio systems, Visteon's aftermarket business is expecting to
gain new sales opportunities.
Visteon, which is involved in all stages from product development through
repair operations, is one of the largest suppliers to the car industry
worldwide in the area of audio and video systems, telematics, voice control,
in-car telephony and in-car entertainment. To meet market demands in this
fast-moving environment, and to handle its service and warranty obligations
even more efficiently, Visteon has taken its aftermarket services to the next
level. A network of direct repair centers for audio systems and in-car
entertainment was planned and implemented in 2003-2004 and is now available to
independent workshops and authorized dealers across Europe.
Replacement parts - Visteon develops and manufactures original quality
replacement parts
Following the principle of "Replacement Parts with Original Equipment Quality,"
Visteon is introducing an extended range for the replacement parts market
including condensers and other new components for air conditioning and engine
cooling, as well as a new lighting range. Visteon aftermarket components are
predominantly specified, developed and manufactured in accordance with the OE
requirements of the international car industry.
In time for Automechanika 2004, Visteon has new condensers in its range for
selected Audi, BMW, Opel/Vauxhall, Peugeot, Renault, Seat, Skoda, Volkswagen
and Volvo models. The new condenser supplement of Visteon's climate control
catalog adds 18 condensers covering 261 models. In its capacity as an original
equipment manufacturer, Visteon also supplies Ford and Jaguar. Additionally,
Visteon provides condensers for Toyota, Lexus, Mitsubishi, Jeep and Chrysler,
supplied out of the U.S. For many products, the company is an exclusive
supplier. Moreover, Visteon sells an ever-growing range of headlamps and rear
lamps along with various electrical and mechanical components in OE quality.
New catalogs are available immediately.
Visteon began developing its aftermarket business in Europe in 1999. Relying on
organic growth, the company is gradually developing its product portfolio,
customer base, distribution network and services. As part of one of the
world's largest automotive suppliers, Visteon's aftermarket business
capitalizes on the company's broad customer base and a product portfolio
encompassing six product lines. Visteon's aftermarket customers also benefit
from Visteon's global manufacturing base with over 135 production facilities
across the world, including 40 plants in Europe. Another benefit is Visteon's
global product development knowledge and capabilities, allowing specific
requirements for the aftermarket to be incorporated early in the product design
process. Against this background, Visteon's Automechanika theme, "Original
Quality for the Aftermarket" represents the original equipment quality,
reliability and durability of Visteon products.
Visteon Corporation is a leading full-service supplier that delivers
consumer-driven technology solutions to automotive manufacturers worldwide and
through multiple channels within the global automotive aftermarket. Visteon
has about 72,000 employees and a global delivery system of more than 200
technical, manufacturing, sales and service facilities located in 25 countries.
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO
DATASOURCE: Visteon Corporation
CONTACT: Media Inquiries: Dolores Muniz, +49 2273 595 2828,
, or Britta Lange, +49 2273 595 2667,
Web site: http://www.visteon.com/