Visteon to Supply New Peugeot 407

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Volatus Capital Corp	CSE:VC	CSE	Common Stock

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Volatus Capital Corp

CSE:VC

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	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	0.005	0.005	0.01				0	01:00:00

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Visteon to Supply New Peugeot 407

19/04/2004 9:12pm

PR Newswire (US)

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Visteon to Supply New Peugeot 407 KERPEN, Germany, April 19 /PRNewswire/ -- Visteon Corporation has started to deliver to PSA Peugeot Citroen a complete heating and ventilation system (HVAC), an electronic control module for climate unit, air conditioning hoses, and door panel and trim assemblies for the new Peugeot 407 model, to be officially launched in the spring. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) The manufacture and supply of components and systems to PSA Peugeot Citroen reflects the integration processes developed by Visteon bringing together the work of the company's development centers and manufacturing units across Europe. In the case of the Peugeot 407 model this includes development of the dual zone HVAC system, which was undertaken at the new climate laboratories at Kerpen (Germany) with production sourced through Visteon plants in France. The electronic control module is being produced at the Cadiz (Spain) plant. Air conditioning hoses are produced in the Czech Republic and the door panel and trim assemblies at Rennes (France) facility. The finished assemblies are then supplied to the PSA Peugeot Citroen receiving area, located close to the Visteon plant. Visteon's Rennes facility represents an investment of some 30 million euros and employs around 400 people. It specializes in the assembly of heating, ventilation and air-conditioning systems as well as door modules specifically for Peugeot and Citroen models. "By establishing and investing in the Rennes facility we have confirmed our commitment to the PSA Peugeot Citroen group," said Joel Coque, Visteon's vice president and general manager for the PSA Peugeot-Citroen Customer Business Group. "Vehicle manufacturers are asking their suppliers to undertake increasing amounts of development work," continued Joel Coque. "As one of the world's largest suppliers of automotive systems, our business partners have high expectations of what we can deliver. The supply of key components and systems to PSA Peugeot Citroen for the new 407 from our European plants is an excellent example of this process in action." 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. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Britta Lange, +49-2273-575-2667, , or Dolores Muniz, (+32) 27 20 96 12, , both of Visteon Corporation Web site: http://www.visteon.com/ http://www.visteon.com/europe

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