DETROIT, May 28 (UPI) -- U.S. auto parts giant Visteon Corp. has filed for Chapter 11 bankruptcy protection in Delaware, citing the slowdown in auto sales, the company said Thursday.
BELLVILLE, Mich., Jan. 2 (UPI) -- U.S. auto parts supplier Visteon Corp. said it will shift 2,050 jobs to four-day work weeks to save 20 percent of its labor expenses.
DEARBORN, Mich., Oct. 3 (UPI) -- Ford Motor Co. has taken over 23 facilities formerly run by beleaguered U.S. parts supplier Visteon Corp.
VAN BUREN, Mich., May 20 (UPI) -- Ailing Michigan auto-parts maker Visteon Corp. and former parent Ford Motor Co. are near a deal to restructure the high-cost parts supplier. With average hourly wages at $62 under a United Auto Workers contract for 17,000 of its 70,000 workers, Visteon ha
NEW YORK, May 11 (UPI) -- Two big U.S. auto suppliers are considering restructuring amid falling earnings and rising labor and healthcare costs.
DETROIT, March 14 (UPI) -- Visteon's president Monday hailed an agreement with Ford that will save the struggling U.S. auto parts supplier about $400 million in wages this year.
DETROIT, March 11 (UPI) -- Ford Motor Co. may take over restructured operations of ailing auto parts maker Visteon Corp., which it spun off in 2000, the Detroit News said.
DETROIT, June 28 (UPI) -- Ford Motor Co. and its largest auto parts supplier Visteon Corp. plan to offer cash bonuses of up to $35,000 to encourage older workers to retire.
DETROIT, May 15 (UPI) -- The United Auto Workers union has postponed a threatened strike at the Visteon plant in Rawsonville, Mich., for one week.
DETROIT, Dec. 23 (UPI) -- Ford Motor Co. of Detroit has jumped in with financial support for Visteon Corp., which it spun off from its parts division three years ago.
