VC Visteon Corporation

Visteon Corporation Names Ryder As Top Supplier MIAMI, July 7 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE:R), a global leader in transportation and supply chain management solutions, today announced it was named a Visteon Important Partner (VIP) by Visteon Corporation (NYSE:VC) for exemplifying "Best in Class" performance and going above-and-beyond to meet Visteon's needs. "We view our supplier partners as an extension of our business and continuously work to foster stronger and more collaborative relationships with the goal of delivering innovative, cost-effective, high-quality products to our customers," said Paul Radkoski, Vice President, North American Materials Management. "It's a value-based marketplace and Visteon is focused on creating a value-based supply chain for our customers." The VIP program is a global program that was first established in 2001. Winners are selected by a global cross-functional Visteon team with input from Manufacturing, Product Development, Supplier Quality, Customer Business Groups and Purchasing, all of which are impacted by supplier performance. Selection criteria are focused on supplier performance in terms of quality, delivery, value, technical capability and customer service. Award recipients must achieve 100 percent concurrence across all customer functions and operating regions to confirm that they have demonstrated the high level of performance that Visteon promotes within its supply base. Supplier awards were granted for the following areas: metals, non-metals, non-production goods and services, electronics and transportation. Visteon also recognized an exemplary minority supplier from North America. "Ryder is honored to once again receive this recognition," stated Ryder Senior Vice President of U.S. Supply Chain Solutions, Automotive, Aerospace and Transportation Management, Tom Jones. "Ryder is proud of the supply chain innovations and operational excellence achieved in partnership with Visteon throughout the years, and looks forward to continue providing quality service to further strengthen their supply chain." About Visteon Corporation 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 about 70,000 employees and a global delivery system of more than 200 technical, manufacturing, sales and service facilities located in 24 countries. For more information about Visteon, visit http://www.visteon.com/ . About Ryder Ryder is a Fortune 500 company providing leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. For more information about Ryder System, Inc., visit http://www.ryder.com/ . DATASOURCE: Ryder System, Inc. CONTACT: Lisa Brumfield, +1-305-500-3668, or , or Lisa Pike, +1-305-500-4526, or , both of Ryder System, Inc. Web site: http://www.ryder.com/ http://www.visteon.com/

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