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 Neonode has won the Innovation Award for Driver Monitoring Softwarefor its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.
