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VC Visteon Corporation

115.00
3.83 (3.45%)
After Hours
Last Updated: 22:06:54
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% 115.00 112.77 116.00 115.24 111.99 112.38 331,018 22:06:54

Visteon Wins Satellite Radio Business With Nissan

09/03/2004 10:00pm

PR Newswire (US)


Visteon (NASDAQ:VC)
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Visteon Wins Satellite Radio Business With Nissan DEARBORN, Mich., March 9 /PRNewswire-FirstCall/ -- Visteon Corporation has won a contract to supply satellite radio systems for a variety of future Nissan Motor Co. models for both the Nissan and Infiniti divisions in North America. The system will accommodate either XM Radio or SIRIUS Satellite Radio. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) While the auto industry has wrestled with the issue of hardware compatibility for satellite radio, Visteon developed the capability of providing a single receiver architecture that works with the two most prominent service providers. Visteon's satellite radio system will be offered across multiple Nissan and Infiniti car lines beginning in 2005. "This is an important business win for Visteon," said John Engebretson, director of Visteon's Nissan customer business group. "This is our first audio business with Nissan, and it represents an opportunity to build on a relationship with one of our fastest- growing customers." The single-design packaging solution was developed to give both automakers and consumers more flexibility. Visteon's customer and consumer research shows that consumers want to personalize their automobile and have a choice of satellite radio service providers. Automakers want to meet the needs of consumers cost-effectively. Visteon's commitment to helping customers differentiate their vehicles is resulting in continued innovation and the development of cost-effective solutions. 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 180 technical, manufacturing, sales and service facilities located in 25 countries. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Robin Pannecouk, +1-313-755-9121, , or Greg Gardner, +1-313-755-0927, , both of Visteon Corporation Web site: http://www.visteon.com/

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