Visteon Opens Manufacturing Facility in Kaluga, Russia

KALUGA, Russia, September 8, 2010 /PRNewswire/ --

- New plant supplies door panels and other interior components to Volkswagen; prepares for future growth

Visteon Corporation has opened an automotive interiors manufacturing facility in Kaluga, one of Russia's main centers for automotive production, approximately 180 kilometers (112 miles) southwest of Moscow.

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Based in the Kaluga Supplier Park, the new facility manufactures injection molded door panels and other interior components for the new Volkswagen Polo, which is to be sold in the domestic Russian market. Visteon plans to reach full production in the first quarter of 2011. Equipped with advanced injection molding lines and ultrasonic welding assembly cells, the new plant can be expanded as Visteon develops business in the region.

"The Kaluga plant demonstrates Visteon's commitment to establishing a strong presence in the growing Russian market in support of our global growth objectives," said Steve Meszaros, Visteon product group president.

Pierre Boulet, Visteon's general manager for Europe and South America, added: "This new facility provides a platform for Visteon to expand our relationships with the increasing number of global vehicle manufacturers in the region."

Visteon's strong product portfolio and established supply base in Russia position the company to support additional customers as they expand in the Russian market. Visteon currently supplies interior, climate, electronics and lighting components to global vehicle manufacturers' Russian locations. Visteon recently announced the formation of a joint venture, OOO Visteon Avtopribor Electronics, to supply a wide range of cockpit electronics products to vehicle manufacturers in Russia.

Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the company has facilities in 25 countries and employs approximately 26,000 people.

Visteon Corporation

Media: Europe, Jonna Christensen, [phone], [e-mail], North America, Jim Fisher, [phone], [e-mail], Investors: Michael Lewis, [phone], [e-mail] / NOTE TO EDITORS: Visteon news releases, photographs and product specification details are available at http://www.visteon.com