Visteon's Halla Climate Control Named One of 'The 30 Most Respected Companies in Korea'

Visteon's Halla Climate Control Named One of 'The 30 Most
Respected Companies in Korea' 


TAEJON, Korea, July 21  /PRNewswire/ -- Visteon Corporation's (NYSE:VC) Halla
Climate Control has been named one of "The 30 Most Respected Companies in
Korea" in a research study conducted by IBM Korea Business Consulting Services
and Donga Ilbo, a leading Korean newspaper.

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The study evaluated Korean companies based on a number of corporate standards
including customer, shareholder and employee satisfaction, environmental
leadership, and 52 core performance indexes.  The survey is the first of its
kind in Korea, following in the footsteps of the U.S. economic magazine
"Fortune," which evaluates global companies each year.

Visteon and Halla Climate Control are joint venture partners in the ownership
and operation of three plants in Korea.  Visteon and Halla have been partners
in the Asia Pacific region since 1986, and also have joint venture operations
in Canada (Halla Climate Control Canada Inc.), Portugal (Halla Climate Control
Portugal Ltd.), India and Thailand.

"Visteon congratulates Halla Climate Control on being recognized as one of "The
30 Most Respected Companies in Korea," said Bob Pallash, Visteon's vice
president of Asia Pacific operations.  "Visteon is proud to be partnered with
Halla Climate Control, a company that is a market leader in Korea."

Halla produces a variety of leading climate control systems and components for
the automotive industry, including air conditioning systems and heater
assemblies, front-end modules, engine cooling modules, compressors, clutches,
and other components.

Halla Climate Control has won numerous awards, including being named in 2003 by
Forbes Global (the international edition of Forbes magazine) as one of the
best, non-U.S. small companies in the world.  In compiling the list, called the
"Best Under a Billion," Forbes Global selected the 200 best companies from a
worldwide pool of 19,000 companies with annual sales of less than $1 billion. 
Halla Climate Control was one of only two Korean companies to receive the
honor.

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. 

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DATASOURCE: Visteon Corporation



CONTACT:  Media Inquiries: Liane Bilicki, [phone],

 , or Investor Inquiries: Derek Fiebig, [phone],

, both of Visteon Corporation



Web site:  http://www.visteon.com/ 

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