VC Visteon Corporation

Automechanika 2004 - Summary: Visteon a Strong Partner in the Aftermarket KERPEN, Germany, Sept. 14 /PRNewswire-FirstCall/ -- Visteon Corporation (NYSE:VC) presents its full-service aftermarket product, sales and service programs at Automechanika, the leading European trade show for replacement parts and accessories, in Frankfurt, Germany, from Sept. 14-19 (Hall 3.0, Stand B 91). (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) "Visteon's strong presence at Automechanika will help us achieve three important goals," says Jacques de Ladonchamps, who became head of Visteon's aftermarket organization in Europe and South America in March of this year. "The first is that of raising the profile of the Visteon brand through new state-of-the-art products in the mobile electronics segment. Our aim is to establish Visteon as a customer-preferred aftermarket brand. Secondly, it will help us to maintain and develop customer relationships on the basis of the consistently high quality of our replacement parts in accordance with the specifications of the original equipment market. The third goal is to communicate the aftermarket organization's new sales and service concepts." Mobile Electronics - In-car entertainment electronics strengthen the Visteon brand Visteon will highlight two major mobile electronics developments at the show. Visteon is now selling car radios to the automotive aftermarket, and at Automechanika will be celebrating the premiere of four Visteon-branded MP3 radios. A second innovation on display will be a portable dockable DVD family entertainment system that is fully compatible with Visteon's DigiTune(TM), a tuner to receive digital television. Adding the MP3 radios to its product lineup, Visteon now offers a full range of audio systems for the aftermarket, comprising amplifiers, subwoofers, CD changers and DVD/CD/VCD/MP3 players. With the added benefit of its in-car entertainment systems with head restraint displays or overhead systems, DVD players, digital TV tuners, hands-free devices and accessories, Visteon presents itself as the first-choice supplier for in-car entertainment specialists in the trade. Mobile electronics is another area in which Visteon lives up to its claim of producing quality components. Product tests, workshop surveys and market research among end users confirm Visteon's high quality standards in terms of performance, reliability, robustness and product design. Direct repair - Full service partner with direct repair centers for Visteon audio systems With the MP3 radio product innovations and a new service concept enabling the direct repair of audio systems, Visteon's aftermarket business is expecting to gain new sales opportunities. Visteon, which is involved in all stages from product development through repair operations, is one of the largest suppliers to the car industry worldwide in the area of audio and video systems, telematics, voice control, in-car telephony and in-car entertainment. To meet market demands in this fast-moving environment, and to handle its service and warranty obligations even more efficiently, Visteon has taken its aftermarket services to the next level. A network of direct repair centers for audio systems and in-car entertainment was planned and implemented in 2003-2004 and is now available to independent workshops and authorized dealers across Europe. Replacement parts - Visteon develops and manufactures original quality replacement parts Following the principle of "Replacement Parts with Original Equipment Quality," Visteon is introducing an extended range for the replacement parts market including condensers and other new components for air conditioning and engine cooling, as well as a new lighting range. Visteon aftermarket components are predominantly specified, developed and manufactured in accordance with the OE requirements of the international car industry. In time for Automechanika 2004, Visteon has new condensers in its range for selected Audi, BMW, Opel/Vauxhall, Peugeot, Renault, Seat, Skoda, Volkswagen and Volvo models. The new condenser supplement of Visteon's climate control catalog adds 18 condensers covering 261 models. In its capacity as an original equipment manufacturer, Visteon also supplies Ford and Jaguar. Additionally, Visteon provides condensers for Toyota, Lexus, Mitsubishi, Jeep and Chrysler, supplied out of the U.S. For many products, the company is an exclusive supplier. Moreover, Visteon sells an ever-growing range of headlamps and rear lamps along with various electrical and mechanical components in OE quality. New catalogs are available immediately. Visteon began developing its aftermarket business in Europe in 1999. Relying on organic growth, the company is gradually developing its product portfolio, customer base, distribution network and services. As part of one of the world's largest automotive suppliers, Visteon's aftermarket business capitalizes on the company's broad customer base and a product portfolio encompassing six product lines. Visteon's aftermarket customers also benefit from Visteon's global manufacturing base with over 135 production facilities across the world, including 40 plants in Europe. Another benefit is Visteon's global product development knowledge and capabilities, allowing specific requirements for the aftermarket to be incorporated early in the product design process. Against this background, Visteon's Automechanika theme, "Original Quality for the Aftermarket" represents the original equipment quality, reliability and durability of Visteon products. 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 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/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Media Inquiries: Dolores Muniz, +49 2273 595 2828, , or Britta Lange, +49 2273 595 2667, Web site: http://www.visteon.com/

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