Visteon, the world`s second largest auto parts supplier, marked its debut (6/7/00) on the New York Stock Exchange in positive territory.

Ford`s former parts-making division, reached a peak of $15.25 before falling back to $13.75, still up 44 cents on the day.

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Officially spun off from Ford on Wednesday (5/7/00), the company, which boasts a workforce totalling 81,000, registered sales in 1999 of $19.4 billion.

The company, which has more than $17 billion in business with Ford and has clocked up new business worth $1.4 billion this year, wants to increase its percentage of non-Ford business from its current 12% to 20% by the year 2002.

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