Visteon Corporation has ended discussions regarding the possible sale of certain driveline assets in Europe and South America to GKN, the former Ford parts operation said in a terse statement that gave no other details.
Visteon Corporation has ended discussions regarding the possible sale of certain driveline assets in Europe and South America to GKN, the former Ford parts operation said in a terse statement that gave no other details.
“Visteon continues to explore other alternatives for these assets as it restructures its businesses as part of the company’s three-year improvement plan,” the statement added.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.