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VC Visteon Corporation

115.00
3.83 (3.45%)
After Hours
Last Updated: 22:33:59
Delayed by 15 minutes
Share Name Share Symbol Market Type
Visteon Corporation NASDAQ:VC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.83 3.45% 115.00 114.28 115.67 115.24 111.99 112.38 331,021 22:33:59

Visteon Selected To Help Department of Energy with Fuel-Efficiency Initiative

19/12/2007 6:52pm

PR Newswire (US)


Visteon (NASDAQ:VC)
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VAN BUREN TOWNSHIP, Mich., Dec. 19 /PRNewswire/ -- Visteon Corporation (NYSE:VC) will share some of its powertrain electronics technology with the United States Department of Energy as part of a project to help foster the use of ethanol-fueled E85 optimized vehicles. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Visteon is part of a project that the Department of Energy has initiated for its High Efficiency Clean Combustion E85 Optimized Engine (HECCE) program. The project involves fuel-efficiency research as part of the Bush administration's "20-in-10" initiative, which calls for displacing 20 percent of gasoline usage in the next 10 years by increasing the use of alternative fuels and boosting efficiency. Visteon's participation is part of a joint collaboration, led by Mahle Powertrain, to develop the next generation of engines by optimizing operation to achieve gasoline-like fuel economy when using E-85. The world-class team of technology experts includes representatives from Visteon, Mahle Powertrain, Argonne National Laboratory and Michigan State University. Visteon's contribution to the project features powertrain electronics and control technology for the engine management system through the use of low pressure direct injection and ionization closed loop combustion control in a commercially viable E85 optimized engine. The goal is to allow the engine to run at various levels of ethanol fuel content up to 85 percent with minimal impact on fuel economy and no degradation in engine-out exhaust. Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has facilities in 26 countries and employs approximately 43,000 people. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO http://photoarchive.ap.org/ DATASOURCE: Visteon Corporation CONTACT: Melissa Andrade of Visteon Corporation, +1-734-710-5546, Web site: http://www.visteon.com/

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