Visteon Corporation reports developments in automotive cockpit electronics, software-defined vehicle platforms, and financial performance. The company supplies global original equipment manufacturers with digital instrument clusters, displays, infotainment systems, telematics, SmartCore™ high-performance compute, AI-enhanced software, and integrated EV architecture solutions.
Company news commonly covers quarterly and annual results, new business wins, product launches, shareholder returns, and technology collaborations tied to AI navigation, edge-to-cloud vehicle software, and centralized cockpit computing across passenger vehicles, commercial transportation, and two-wheelers.
Visteon (NASDAQ: VC) announced that Chief Financial Officer Jerome Rouquet will leave the company effective November 30, 2026.
The company said Rouquet is leaving to pursue other opportunities. The board appointed Colleen Myers, currently Vice President and Chief Accounting Officer, as interim Chief Financial Officer effective upon his departure. Visteon has initiated a search for a permanent successor. Rouquet will work with Myers and the leadership team through November 30 to support the transition.
Visteon (NASDAQ: VC) reported third-quarter 2026 sales of $970 million, up from the prior year despite lower customer vehicle production. Sales rose 6% year over year while customer production declined 5%. Net income attributable to Visteon was $5 million, or $0.19 per diluted share, versus an $11 million loss. Adjusted EBITDA, a non-GAAP earnings measure, fell to $46 million from $119 million and included $77 million of exceptional warranty charges.
Visteon secured $0.9 billion in new business, launched 21 products across 14 customers and completed a $200 million accelerated share repurchase. Nine-month operating cash flow was $81 million; adjusted free cash flow was a $4 million outflow. Quarter-end net cash was $136 million. The company raised 2026 sales guidance to $3.80–$3.85 billion but lowered adjusted EBITDA guidance to $370–$410 million and adjusted free cash flow guidance to $90–$130 million.
Visteon (NASDAQ: VC) will release its third quarter 2026 financial results before the market opens on October 22.
A conference call to discuss the results and related matters will begin at 9 a.m. ET, with a public live audio webcast. Presentation materials and supplemental information will be available in the Investors section of Visteon's website, followed shortly after the call by a webcast replay.
Visteon (NASDAQ: VC) announced that its Board of Directors declared a regular quarterly dividend of $0.375 per common share. The dividend is payable on September 15, 2026, to shareholders of record as of September 1, 2026.
According to Visteon, the company generated approximately $3.77 billion in 2025 annual sales and secured $7.4 billion in new business, and operates in 17 countries with a global network of innovation centers and manufacturing facilities.
Visteon (NASDAQ:VC) reported second quarter 2026 net sales of $960 million, slightly below $969 million a year earlier, with 4% growth-over-market driven by launch ramps and regional execution. Net income attributable to Visteon was $49 million, or $1.80 diluted EPS. Adjusted EBITDA was $116 million, a 12.1% margin, supported by customer commercial recoveries and cost discipline, partly offset by higher supplier costs and continued engineering investments.
Operating cash flow for the quarter was $37 million, with free cash flow of $12 million. For the first six months of 2026, operating cash flow totaled $43 million and adjusted free cash flow was an outflow of $3 million. Visteon ended the quarter with $650 million in cash, $299 million of debt and a net cash position of $351 million. The company booked approximately $2.0 billion in new business and launched 24 new products across 11 customers.
Visteon also announced a $200 million accelerated share repurchase under its existing $800 million authorization, expected to complete early in the fourth quarter of 2026, aligning with its capital allocation focus on shareholder returns and growth investment.
Visteon (NASDAQ:VC) will release its second quarter 2026 financial results before the market opens on Thursday, July 23. The company will host a conference call at 9 a.m. ET for investors, with access via toll-free and international dial-in numbers and a live audio webcast.
Visteon (NASDAQ:VC) announced a new $800 million share repurchase authorization for common stock, expiring December 31, 2029. The company plans to fund buybacks from cash above operating needs and future cash flow. Methods may include open market, accelerated, privately negotiated and structured transactions, subject to market and capital-allocation conditions.
Visteon (NASDAQ:VC) launched D6Sigma, an edge AI product line for industrial automation developed with Qualcomm. Built on CognitoAI™-IoT and Qualcomm Dragonwing™ IQ9 processors, it converts multi-camera video into real-time, actionable events to support quality, uptime and safety.
D6Sigma is already used in Visteon plants and targets multiple high-throughput industries.
Visteon (NASDAQ:VC) appointed technology executive Gary Hicok to its board of directors, effective July 1, 2026. He will serve on the board's Technology Committee.
Hicok brings nearly 25 years of NVIDIA leadership across automotive, mobile, PC, AI-driven platforms, robotics and real-time computing, plus prior semiconductor and systems roles.
Visteon (NASDAQ:VC) declared a regular quarterly dividend of $0.375 per common share. The Board set a record date of June 1, 2026 and a payment date of June 15, 2026.
The dividend applies to all common shareholders of record on the specified date.