« Back To Article

Email this article from PlasticsNews.com

Visteon exploring sale of auto interiors unit, but no rush, CEO says

By:

DETROIT (Sept. 20, 8:35 a.m. ET) — Visteon Corp. is in discussions to sell its interiors business, but "there’s no gun to our head" to sell quickly, the U.S. auto parts supplier’s top executive said on Wednesday. "We know the business will be worth more when Europe starts to rebound," Visteon’s interim CEO Tim Leuliette said during an investor presentation. "If someone wants to pay us now for that kind of value, we’re willing to accept that. In the meantime, we’re running the business."

To send to multiple addresses, simply separate each address with a comma. Example: abc@abc.com, xyz@xyz.com. Please limit to a maximum of 5 recipients.

Upcoming Plastics News Events

June 4, 2013 - June 5, 2013Workforce Solutions West 2013

September 17, 2013 - September 18, 2013Plastics Caps & Closures 2013

November 12, 2013 - November 14, 2013Plastics Building Innovations 2013 Conference

More Events

Market Reports

Recyclers & Brokers and Custom Compounders (Full Ranking and List) 2013

Access data on 224 recyclers including volume, percent reprocessed versus brokered, percent post-consumer versus post-industrial, and materials re-processed, as well as data on 237 compounders including materials processed and compounds manufactured.

Learn more

Thermoformed Packaging 2013 Market Review and Outlook - North America

Plastics News' experts analyze North American thermoformed packaging sector performance and prospects for future growth. View analysis of processors operating within this segment as well as perspectives from industry though leaders on economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand and manufacturing technology.

Learn more