US: Visteon makes US$70m contribution to pension plans

Visteon has announced it has taken significant steps to improve funding of its US defined benefit pension plans. On 9 January 2012, the company contributed 1,453,489 shares of its stock, valued at approximately US$70m, into its two largest US plans. That followed a cash contribution of approximately US$15.1m to one of Subscribe to Automotive World … Continued

• By Webmaster
• January 10, 2012