Visteon (NASDAQ:VC)
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Visteon Continuing Supplemental Agreement Negotiations With UAW
DEARBORN, Mich., March 8 /PRNewswire-FirstCall/ -- Visteon Corporation today
announced that it is continuing negotiations for a Visteon Supplemental
Agreement with the United Auto Workers covering future employees at its 15 UAW
Master Agreement facilities in the United States. Although no deadline exists,
negotiations are expected to conclude promptly.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO )
"We are confident that we will have an agreement soon, and we will announce it
at the appropriate time," said Robert H. Marcin, Visteon senior vice president,
corporate relations.
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
approximately 72,000 employees and a global delivery system of more than 200
technical, manufacturing, sales,and service facilities located in 25
countries.
This press release contains forward-looking statements made pursuant to the
Private Securities Litigation Reform Act of 1995. Words such as "anticipate,"
"estimate," "expect," and "projects" signify forward-looking statements.
Forward-looking statements are not guarantees of future results and conditions
but rather are subject to various risks and uncertainties. Some of these risks
and uncertainties are identified in our periodic filings with the Securities and
Exchange Commission. Should any risks or uncertainties develop into actual
events, these developments could have material adverse effects on Visteon's
business, financial condition, and results of operations. We assume no
obligation to update these forward- looking statements.
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO
DATASOURCE: Visteon Corporation
CONTACT: Media Inquiries: Jim Fisher, +1-313-755-0635,
, Tammera Hallums, cell: +1-313-407-8092,
, Investor Inquiries: Derek Fiebig, 1-313-755-3699,
, all of Visteon Corporation
Web site: http://www.visteon.com/