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VISTEON CORPORATION

Company Profile Analysis

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VISTEON CORPORATION - Automotive showcase

Year Founded & Workforce

2000

10,000 Employees

Industry

AutomotiveB2BB2C

Services

MobilityElectronicsAutomotive Rear Seat Infotainment
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VISTEON CORPORATION Employee Contacts

65 verified contactsNames, job titles, seniority and locations

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VISTEON CORPORATION Overview

Company Headquarters: US

Founded: 2000

Workforce: 10,000

Company Working: Visteon Corporation is a global automotive technology provider serving the mobility industry, dedicated to developing connected, enjoyable, and safe driving experiences. The company platform scalable hardware as well as a software solution that enhances the digital, autonomous evolution, and electric of global automotive customers which include BMW, Ford, Mazda, Renault Volkswagen, Nissan, GM, Daimler, Jaguar/Land Rover, and Stellantis. Visteon products are according to industry trends as well as include digital instrument clusters, Android-based infotainment systems, displays, domain controllers, ADAS as well as battery systems. Visteon has an international network of production operations, joint ventures, and technical centers dedicated to design, development, and production along with the support of its product offering and its customer across the globe. The company's products as well as engineering footprint in located in India, China, Japan, Portugal, Mexico, and Slovakia.

Strategy

Visteon Corporation focuses on integrating electrification in its products. It also focuses on developing innovative technologies for cockpit and infotainment systems. For instance, in January 2020, the company announced its plans to launch SmartCore, a production cockpit domain controller on the Aion LX electric vehicle platform. Visteon Corporation considers contracts and agreements as a part of its inorganic strategy to gain a competitive advantage over other major players operating in the market. For instance, In January 2019, Visteon Corporation signed an agreement with Tencent to develop intelligent cockpit solutions and autonomous driving for Guangzhou Automobile Group.

Company Snapshot

$3,161M

Revenue

10,000

Employees

2000

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strong global presence
  • Extensive range of vehicle electronics offerings

Weaknesses

  • Decline in revenue in recent years

Opportunities

  • Strategic alliances with automotive OEMs
  • Development of autonomous driving technology

Threats

  • Increasing competition due to easy availability of advanced systems
  • Stringent government trade regulations

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Key Developments

DateApproachDevelopment
January 2020Product LunchVisteon Corporation has launched its advance SmartCore a production cockpit domain controller having 3rd Qualcomm Snapdragon™ Automotive Cockpit Platform.

Product Offering

  • VISTEON CORPORATION
    • Mobility
    • Electronics
    • Automotive Rear Seat Infotainment

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue fell from USD 3,161 Mn in 2016 to USD 2,984 Mn in 2018.
VISTEON CORPORATION — By Business Segment
Series (USD Mn)201620172018
Revenue3,1613,1462,984

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