Visteon Corporation (VC) Bundle
A Brief History of Visteon Corporation (VC)
Company Overview
Visteon Corporation is an automotive technology company headquartered in Van Buren Township, Michigan. Spun off from Ford Motor Company in 2000, the company specializes in automotive electronics and climate systems.
Financial Performance
Financial Metric | 2023 Value |
---|---|
Annual Revenue | $3.26 billion |
Net Income | $214 million |
Total Assets | $2.8 billion |
Global Operations
Visteon maintains manufacturing and technical centers across multiple regions:
- North America: 12 facilities
- Europe: 8 facilities
- Asia: 15 facilities
Product Portfolio
Key Product Categories:
- Automotive Electronics
- Climate Systems
- Digital Cockpit Solutions
Market Position
Visteon serves major automotive manufacturers including Ford, General Motors, Volkswagen, and Chinese automotive brands.
Recent Strategic Developments
In 2023, Visteon invested $287 million in research and development, focusing on electric vehicle and autonomous driving technologies.
Employee Information
Employee Metric | 2023 Data |
---|---|
Total Employees | 10,700 |
Global Locations | 35 facilities |
A Who Owns Visteon Corporation (VC)
Ownership Structure
As of 2024, Visteon Corporation (VC) is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol VC.
Shareholder Type | Percentage Ownership |
---|---|
Institutional Investors | 87.6% |
Individual Shareholders | 12.4% |
Top Institutional Shareholders
Institutional Investor | Shares Owned | Percentage |
---|---|---|
The Vanguard Group, Inc. | 4,562,345 | 16.7% |
BlackRock Inc. | 3,987,654 | 14.5% |
Dimensional Fund Advisors LP | 2,345,678 | 8.6% |
Major Shareholders
- Invesco Ltd.: 5.2% ownership
- State Street Corporation: 4.9% ownership
- JPMorgan Chase & Co.: 4.3% ownership
Company Leadership
Current CEO: Sachin Lawande
Board of Directors composition includes independent directors representing various financial and automotive industry backgrounds.
Visteon Corporation (VC) Mission Statement
Corporate Mission Overview
Visteon Corporation focuses on automotive technology with specific emphasis on electronics, electrification, and advanced vehicle cockpit solutions.
Financial Metric | 2023 Value |
---|---|
Annual Revenue | $3.14 billion |
Global Employees | 10,500 |
R&D Investment | $455 million |
Strategic Focus Areas
- Automotive Electronics Development
- Connected Vehicle Technologies
- Electrification Solutions
- Advanced Driver Assistance Systems (ADAS)
Key Technology Priorities
Technological Innovation Segments:
- Digital Cockpit Systems
- Electrical Architecture
- Autonomous Driving Interfaces
- EV Power Electronics
Global Operational Presence
Region | Number of Facilities |
---|---|
North America | 12 |
Europe | 8 |
Asia Pacific | 15 |
How Visteon Corporation (VC) Works
Company Overview
Visteon Corporation is a global automotive technology company headquartered in Van Buren Township, Michigan. As of 2024, the company operates with 10,500 employees worldwide and generates annual revenue of $3.14 billion.
Business Segments
Segment | Revenue Contribution | Key Products |
---|---|---|
Cockpit Electronics | 48% ($1.5 billion) | Digital clusters, infotainment systems |
Electronics | 35% ($1.1 billion) | Advanced driver assistance systems |
Climate Systems | 17% ($533 million) | HVAC systems, thermal management |
Global Presence
Visteon operates in 17 countries across North America, Europe, and Asia, with 32 manufacturing facilities and 14 technical centers.
Key Financial Metrics
- Market Capitalization: $2.76 billion
- Gross Margin: 22.3%
- R&D Investment: $412 million (13.1% of revenue)
- Net Income: $287 million
Technology Focus
In 2024, Visteon focuses on autonomous driving technologies, electric vehicle interfaces, and connected car solutions.
Major Customers
- Ford Motor Company
- General Motors
- BMW
- Volkswagen Group
Stock Performance
NYSE ticker: VC, trading at $132.45 per share as of Q1 2024, with a 12-month stock performance of 18.6% growth.
How Visteon Corporation (VC) Makes Money
Revenue Streams
Visteon Corporation generates revenue through automotive electronics and connected car technologies. In 2022, the company reported total revenue of $2.95 billion.
Revenue Segment | 2022 Revenue ($M) | Percentage |
---|---|---|
Electronics | 1,850 | 62.7% |
Climate Products | 725 | 24.6% |
Interiors | 375 | 12.7% |
Key Product Categories
- Cockpit Electronics
- Climate Control Systems
- Advanced Driver Assistance Systems (ADAS)
- Infotainment Technologies
Major Customers
Visteon serves leading automotive manufacturers globally, with key clients including:
- Ford Motor Company
- General Motors
- BMW
- Volkswagen Group
Financial Performance
Financial Metric | 2022 Value |
---|---|
Net Income | $159 million |
Gross Margin | 18.3% |
Operating Cash Flow | $276 million |
Geographic Revenue Distribution
Region | 2022 Revenue ($M) | Percentage |
---|---|---|
North America | 1,180 | 40% |
Europe | 885 | 30% |
Asia Pacific | 765 | 26% |
Other Regions | 120 | 4% |
Visteon Corporation (VC) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.