Mexican Media Brands
Visteon Swings to a First-Quarter Profit
Visteon Corp. posted net earnings of $69 million for the January-March period of 2013 compared with a $29 million loss a year earlier.
#economics
Share
Visteon Corp. posted net earnings of $69 million for the January-March period of 2013 compared with a $29 million loss a year earlier.
Revenue rose $139 million to $1.9 billion. Visteon boosted sales by $205 million at its climate-control unit, $36 million at its electronics business and $76 million at its interiors operations.
RELATED CONTENT
-
VW Warns of Higher Costs to Develop EVs
CEO Herbert Diess says the €20 billion ($23 billion) Volkswagen AG has budgeted to electrify its entire vehicle lineup won’t be enough to meet that goal.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.