DALLAS, March 2, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Visteon Corp. (Pink Sheets:VSTNQ). The report includes financial, comparative and investment analysis, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/VSTNQ
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Visteon Corp. (VSTNQ) is a supplier of automotive systems, modules and components to global vehicle manufacturers (OEMs) and the automotive aftermarket. It operates in four segments: Climate, Electronics, Interiors and Other. The Climate product group includes facilities that primarily manufacture climate air handling modules, powertrain cooling modules, heat exchangers, compressors, fluid transport and engine induction systems. The Electronics product group includes facilities that primarily manufacture audio systems, infotainment systems, driver information systems, powertrain and feature control modules, climate controls, electronic control modules and lighting...VSTNQ is in bankruptcy. Investors should be cautious when buying common stock of companies in bankruptcy. It is extremely risky and is likely to lead to financial loss.
Message Board Search for VSTNQ: http://www.boardcentral.com/boards/VSTNQ
In the report, the analyst notes:
"For the fourth quarter of 2009, total sales were $2.03 billion, including product sales of $1.97 billion. Product sales increased by approximately $420 million year-over-year, including $180 million of foreign currency. Divestitures and plant closures reduced sales by about $66 million. Fourth-quarter sales increased in every major region in which Visteon operates, compared with the same period a year earlier, reflecting increased production volumes by customers as global economic and industry conditions showed some improvement.
"A VSTNQ joint venture based in China has launched an instrument cluster and audio systems on Shanghai General Motors' new small car, Chevrolet New Sail. Yanfeng Visteon Automotive Electronics (YFVE) – the electronics arm of VSTNQ's joint venture with the Shanghai Automotive Industry Corp. (SAIC) – developed the products based on Visteon's global instrument cluster and audio platforms, offering New Sail owners an appealing in-car electronics experience."
To read the entire report visit: http://www.stockpreacher.com/n/VSTNQ
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