Visteon lifts profit forecast, despite Q2 loss

Despite a US$173m loss related to the agreement to sell a majority of the interiors business, Visteon also reported a sales total of US$1.78bn, an 11% rise year-on-year, in Q2 and raised its full-year profit forecast due to higher vehicle production boosts along with sales of air conditioning and electronics products. Subscribe to Automotive World to … Continued

• By Webmaster
• August 8, 2014