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Visteon reports record sales despite chip shortage | Crain s Detroit Business

The growing complexity of car electronics delivered Visteon Corp. a record sales year, but the shortage of a specific type of semiconductor has prevented the automotive supplier from capitalizing on demand. The Van Buren Township-based supplier of cockpit electronics finished the year with $1…

Visteon continues upward trajectory as it manages chip shortage

Automotive electronic supplier Visteon Corp.'s net income continued its upward trajectory in the third quarter, owing to new product launches and redesigns aimed at coping with the semiconductor shortage. The Van Buren Township-based company, which primarily makes cockpit electronics products,…

Visteon Q2 earnings: Profits surge amid new product launches

Visteon Q2 earnings: Profits surge amid new product launches
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Supply chain headwinds are windfall for Willow Run-based logistics company

When an automotive plant is on the brink of a parts shortage, as many have been recently, keeping the assembly line moving becomes mission critical.That's where Ascent Global Logistics Inc., a Van Buren Township-based expediter of freight, makes its bucks."We often very much act as the emergency…

Visteon vigorously passing cost increases to customers as chip shortage crimps business

Visteon Corp. saw flat sales and stronger margins in the fourth quarter to cap an improved financial performance in 2021, but executives warned of a "peak headwind" on the horizon in the first quarter.The Van Buren Township-based automotive cockpit electronics supplier had net sales of $786 million…

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