Visteon reportedly said on Friday it had agreed to sell its auto parts assembly operation in Chicago to Plastech Engineered Products, a Visteon supplier based in Dearborn, Michigan.


According to Reuters, Visteon said the 270 employees at the assembly operation will be offered jobs with Plastech, which has a facility adjacent to the one to be purchased.


The sale, which is subject to certain conditions, is expected to be completed by September 30, Visteon reportedly said.


The 215,000-square-foot Visteon facility does final assembly of parts for Ford’s new vehicles – Freestyle, Five Hundred and Mercury Montego, Reuters noted.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now