VC Visteon Corporation

General Manager of YanFeng Visteon Electronics Joint Venture in Shanghai Wins Visteon's Highest Form of Recognition DEARBORN, Mich., March 23 /PRNewswire/ -- The general manager of Visteon Corporation's automotive electronics joint venture in Shanghai, China, has received the company's highest form of recognition -- a Summit Award -- for exceptional accomplishments in 2003. (Photo: http://www.newscom.com/cgi-bin/prnh/20040323/DETU011 http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Alfeu Doria, general manager, YanFeng Visteon Electronics, was one of six individuals and teams recognized with Summit Awards by Visteon Chairman and Chief Executive Officer Peter J. Pestillo and President and Chief Operating Officer Michael F. Johnston. Doria was honored for leading a modernization plan that improved product quality, process flow, lean manufacturing processes, and material and product control at the plant, which supplies electronics for audio systems and other vehicle applications. Implemented in September 2003, the modernization helped enhance product quality and expand Visteon's electronics business in China. Doria was chosen from among 46 individuals and teams, representing eight countries, who received quarterly awards for outstanding performance in 2003 under Visteon's Leading the Way Recognition program. "Visteon is committed to establishing a collaborative, performance-driven culture in which we recognize and celebrate the success of individuals and teams achieving breakthrough performance," Pestillo said. "I am very proud of Visteon's first Summit Award winners. It was no easy task selecting just six winners, as each of the nominees demonstrated exemplary performance." Johnston said the achievements ofthe Summit Award winners represent the "best of the best" of Visteon's accomplishments in 2003. "Alfeu Doria and all of our Summit Award winners demonstrate the energy, perseverance and ability to execute that will be hallmarks of Visteon's future success," he noted. Doria, a 21-year veteran of the auto industry, joined YanFeng Visteon Electronics in January 2002, after serving as a manager at Visteon's Arbor Plant in Sao Paulo, Brazil. When Doria joined YanFeng Visteon Electronics, the plant produced mainly audio amplifiers and had a small customer base. Doria led Visteon staff engineers in a detailed review of the plant's operating practices to improve the facility's layout, production efficiency and product quality. "We needed to modernize to be able to compete with other Tier 1 suppliers and win new business," Doria said. After benchmarking the best automotive electronics assembly practices inside and outside of Visteon, the YanFeng Visteon Electronics team installed electrostatic discharge protection to ensure high product quality, implemented an all-new manufacturing process flow, and improved lean manufacturing practices throughout the plant. Spending less than $1 million on new equipment, Doria helped boost employee pride and convince YanFeng Electronics employees that the plant could compete with the best plants in the world. As a result of Doria's efforts, YanFeng Visteon Electronics has significantly improved its product quality and expanded its customer base to include DaimlerChrysler, Fiat, Ford, Jaguar, Mazda, Shanghai General Motors and Suzuki. YanFeng Visteon Electronics received a Gold Excellence Supply Award from Ford in 2003. YanFeng Visteon Electronics was formed in 1994. It is 70 percent owned by Visteon and 30 percent by Shanghai Automotive Industrial Corporation, an auto manufacturer based in China. The plant has about 500 employees. 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 approximately 72,000 employees and a global delivery system of more than 200 technical, manufacturing, sales and service facilities located in 25 countries. http://www.newscom.com/cgi-bin/prnh/20040323/DETU011 http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Media Inquiries: Kimberly A. Welch, +1-313-755-3537, , or Jim Fisher, +1-313-755-0635, , both of Visteon Corporation Web site: http://www.visteon.com/

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