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[NEWS RELEASE]
Contact(s): Media Inquiries:
Visteon Corporation
313-755-2916 Public Affairs
[email protected] 5500 Auto Club Drive
Dearborn, MI 48126
Facsimile: 313-755-7983
Investor Inquiries:
Kent Niederhofer
313-755-3699
[email protected]
[VISTEON LOGO]
VISTEON DECLARES FOURTH QUARTER DIVIDEND
DEARBORN, Mich., OCT. 11, 2000 - The Board of Directors of Visteon Corporation
(NYSE: VC) has declared a quarterly dividend of $0.06 per share on the
company's common stock. The dividend is payable on Dec. 1, 2000, to
shareholders of record as of Nov. 1, 2000. This is Visteon's second dividend
announcement since it became an independent, publicly traded company in June.
Visteon Corporation is a leading full-service supplier that delivers
consumer-driven, technology solutions to automotive manufacturers worldwide
and through multiple channels within the global automotive aftermarket.
Visteon has a global delivery system of more than 130 technical, manufacturing,
sales, and service facilities located in 23 countries. It has 81,000 employees
working in three business segments: Dynamics and Energy Conversion; Comfort,
Communication and Safety; and Glass.
This press release contains forward-looking statements made pursuant to the
Private Securities Litigation Reform Act of 1995. Words such as "estimated"
and "potentially" signify forward-looking statements. Forward-looking
statements are not guarantees of future results and conditions but rather are
subject to various risks and uncertainties, some of which are and will be
identified as ""Risk Factors" in Visteon's SEC filings. See "Risk Factors"
section of Visteon's prospectus dated June 13, 2000 as filed with the SEC on
June 14, 2000. Should any risks and uncertainties develop in actual events,
these developments could have material adverse effects on
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[NEWS RELEASE]
Visteon's business, financial condition and results of operations.
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Visteon news releases, photographs and product specification details are
available at www.visteon.com
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