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A union for Visteon Corp. retirees is seeking greater influence over the auto parts maker’s bankruptcy exit plan, saying it has a claim for $100 million that entitles it to more votes on the proposal.

Tags: 100 Million, Auto Parts, auto-parts maker, Bankruptcy, Exit Plan, Proposal, USD, Visteon, Visteon Corp, Vote

Visteon’s reorganization proposal has divided creditors owed at least $2.8 billion. Bondholders, who are sponsoring the plan, would own 95 percent of Visteon, with current shareholders getting the rest.

Tags: Bankruptcy, Bondholders, Creditors, Current, Exit, Reorganization Proposal, Shareholders, USD, Visteon, Vote

A U.S. appeals court today ordered bankrupt auto parts maker Visteon Corp. to reinstate benefits to thousands of retirees who had them terminated during the company’s ongoing Chapter 11 reorganization. The Third U.S.

Tags: Appeals Court, Auto Parts, bankrupt auto parts maker, Chapter 11 Reorganization, Retiree Benefits, United States, Visteon, Visteon Corp

Unsecured creditors of bankrupt auto-parts supplier Visteon Corp. want to probe the company’s claim that its Korean unit, Halla Climate Control Corp., cannot send more cash back to its parent company.

Tags: Asia, Auto Parts Supplier, bankrupt auto-parts supplier, Climate Control, Halla Climate Control Corp., Parent Company, Unsecured Creditors, Visteon, Visteon Corp

Unsecured creditors to bankrupt Visteon Corp. have asked a court to force the auto-parts supplier to provide documents about its reorganization plan, which they said leaves them “dramatically short-changed.”

Tags: Auto Parts Supplier, Reorganization Plan, Unsecured Creditors, Visteon, Visteon Corp

Visteon filed a reorganization plan under which secured term loan lenders would end up with 96.2 percent of the shares in the new company.

Tags: Loan Lenders, Reorganization Plan, Secured Loan, Shares, Term Loan, term loan lenders, Visteon

Visteon Corp., a bankrupt maker of auto parts, reached an agreement to continue supplying Ford Motor Co. with parts while it sheds some of its plants, according to court documents.

Tags: Auto Parts, bankrupt maker, Court Documents, Ford, Ford Motor, Ford Motor Co., Ford Parts, Plants, Sheds, Visteon, Visteon Corp

Visteon Corp., a bankrupt maker of auto parts, reached an agreement to continue supplying Ford Motor Co. with parts while it sheds some of its plants, according to court documents.

Tags: Auto Parts, bankrupt maker, Court Documents, Ford, Ford Motor, Ford Motor Co., Ford Parts, Plants, Sheds, Visteon, Visteon Corp

Struggling parts supplier Visteon Corp. received court approval on Thursday for several deals that will help it restructure operations and secure financing.

Tags: Bankruptcy Court, Court Approval, Visteon, Visteon Corp

Struggling parts supplier Visteon Corp. received court approval on Thursday for several deals that will help it restructure operations and secure financing.

Tags: Court Approval, parts supplier, USD, Visteon, Visteon Corp

Bankrupt U.S. auto parts supplier Visteon Corp. said on Wednesday it is seeking approval for up to $150 million in debtor-in-possession financing from a group of its lenders.

Tags: Auto Parts Supplier, Debtor In Possession, Debtor In Possession Financing, Lenders, U S Auto, USD, Visteon, Visteon Corp

Supplier Visteon Corp. is seeking approval in U.S. Bankruptcy Court for a $150 million financing package to shore up cash levels that company executives project are likely to fall below the minimum needed to run the business by March 2010.

Tags: 2010 Supplier Visteon Corp., Bankruptcy Court, Company Executives, U.S. Bankruptcy Court, USD, Visteon, Visteon Corp

Auto-parts supplier Visteon Corp. narrowed losses and bolstered cash reserves during its first full quarter of bankruptcy protection. The third-quarter net loss of $38 million compares with a $188 million deficit in the same period in 2008.

Tags: Auto Parts Supplier, Bankruptcy Protection, Boosts, Cash Reserves, Losses, USD, Visteon, Visteon Corp

A bankruptcy judge has denied Visteon Corp.’s request to give bonuses to 12 top executives, while approving continuation of part of the employee incentive program the supplier had in place before it went bankrupt.

Tags: Bankruptcy Judge, Continuation, Employee Incentive Program, Executive Bonuses, Top Executives, Visteon, Visteon Corp

Chrysler Group will pay Visteon Corp. at least $31.3 million as part of an agreement to shift some business away from the bankrupt supplier and give Visteon some new business, court documents say.

Tags: 31 Million, bankrupt supplier, Business Court, Business Documents, Chrysler, Chrysler Corp, Chrysler Group, Court Documents, New Business, USD, Visteon, Visteon Corp

Chrysler Group will pay Visteon Corp. at least $31.3 million as part of an agreement to shift some production away from the bankrupt supplier and give Visteon some new business, court documents say.

Tags: 31 Million, bankrupt supplier, Business Court, Business Documents, Chrysler, Chrysler Corp, Chrysler Group, Court Documents, Move Business, New Business, USD, Visteon, Visteon Corp

Chrysler Group will pay Visteon Corp. at least $31.3 million as part of an agreement to shift some business away from the bankrupt supplier and give Visteon some new business, court documents say.

Tags: 31 Million, bankrupt supplier, Business Court, Business Documents, Chrysler, Chrysler Corp, Chrysler Group, Court Documents, New Business, USD, Visteon, Visteon Corp

Visteon Corp.’s U.S. manufacturing operations are losing parts supply contracts with the Detroit 3 and Nissan North America Inc. The automakers are discontinuing component parts purchases from Visteon’s U.S.

Tags: Automakers, Bad Business, Business Lines, Component Parts, Detroit, Nissan, Nissan America, Nissan North America, Nissan North America Inc, North America Inc, Supply Contracts, United States, Visteon, Visteon Corp

Visteon Corp.’s U.S. manufacturing operations are losing parts supply contracts with the Detroit 3 and Nissan North America Inc. The automakers are discontinuing component parts purchases from Visteon’s U.S.

Tags: Automakers, Bad Business, Business Lines, Component Parts, Nissan, Nissan America, Nissan North America, Nissan North America Inc, North America Inc, Supply Contracts, Visteon, Visteon Corp

Visteon Corp. is asking for more time to submit its reorganization plan to the U.S. Bankruptcy Court in Delaware. The plan was originally due Thursday.

Tags: Bankruptcy Court, Delaware, Reorganization Plan, Visteon, Visteon Corp

Visteon Corp. is asking for more time to submit its reorganization plan to the U.S. Bankruptcy Court in Delaware. The plan was originally due Thursday.

Tags: Bankruptcy Court, Delaware, Reorganization Plan, Visteon, Visteon Corp

General Motors Co. has struck a deal with supplier Visteon Corp. to transfer some GM parts production contracts to other suppliers, speed payment terms for remaining contracts and bring Visteon at least $30 million by the end of the year.

Tags: 30 Million, General Motors, Gm, Gm Parts, Production Contracts, Speed Payment, Visteon, Visteon Corp

General Motors Co. has struck a deal with supplier Visteon Corp. to transfer some GM parts production contracts to other suppliers, speed payment terms for remaining contracts and bring Visteon at least $30 million by the end of the year.

Tags: 30 Million, General Motors, General Motors Co., Gm, Gm Parts, Production Contracts, Speed Payment, USD, Visteon, Visteon Corp

Bankrupt auto-parts supplier Visteon Corp. has walked away from its suite leases at Detroit-area sport venues.

Tags: Area Sport, Auto Parts Supplier, Detroit, Detroit Area, Leases, Luxury Suites, Sport Venues, Visteon, Visteon Corp

Visteon Corp argued in bankruptcy court on Friday it needed to curtail health-care insurance for about 7,700 retirees and employees. The former Ford Motor Co.

Tags: Bankruptcy Court, Ford, Ford Motor, Ford Motor Co., Health Care Insurance, Health Insurance, Insurance, Retiree Health Benefits, Visteon, Visteon Corp