Home | Business News | Browse by Publication | A | Automotive News

Economic slowdown works against Visteon divestitures.

Publication: Automotive News
Publication Date: 02-JUL-01
Format: Online
Delivery: Immediate Online Access
Full Article Title: Economic slowdown works against Visteon divestitures.(Brief Article)

Article Excerpt
Visteon Corp. is trying to sell or find partners for more than $2.5 billion of business it considers marginal. But an industry downturn, debt-laden suppliers and low stock prices are making it tough.

In addition to Visteon's glass, steering, seating and restraint electronics units, potential buyers have other options as conglomerates try to shed low-margin automotive lines, and other suppliers look to raise capital and pare down to core products.

``There's a lot...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Automotive News
Corrections., July 02, 2001
Opinion.(minority car dealerships)(Editorial)(Brief Article), July 02, 2001
JCI develops 3 distinct portals; Technology helps firm to manage its s..., July 02, 2001
Aerosmith helps Dodge retune image.(Brief Article), July 02, 2001
Japan automakers halt China shipments.(Brief Article), July 02, 2001

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.