Visteon
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Visteon Careers and Employment

About the company

  • CEO
    飯久保洋
    77%
    approve of 飯久保洋's performance
  • Founded
    2000
  • Company size
    more than 10,000
  • Revenue
    ₹ 100B - ₹ 500B
  • Industry
    Transportation Equipment Manufacturing
  • Headquarters
    1 Village Center Dr. Van ...
  • Link
    Visteon website

Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% o...

Visteon is the visionary-sounding name Ford Motor bestowed on its automotive components unit when it was spun off in 2000. One of the largest auto parts makers in the US, the company has evolved to operate three business groups: Climate Control (climate systems, powertrain cooling systems); Electronic Products (audio systems, driver control systems, infotainment systems, powertrain and feature control modules); and Interior Products (cockpits, door modules, consoles). Ford represents about 25% of sales; Visteon also provides products and services to aftermarket customers. More than 80% of its sales are made outside the US.

Bankruptcy

The company is attempting to bounce back after a bout of bankruptcy. It filed for Chapter 11 in spring 2009 and emerged in fall 2010. Like the rest of the auto parts industry, the company suffered significantly from decreased orders and sales from OEMs, and the bankruptcies of customers GM and Chrysler further decimated its balance sheet. Visteon completed its reorganization, having reduced its debt by more than $2 billion. It was allowed to convert its existing debt -- about $1.6 billion -- to stock in a new company.

Geographic Reach

Visteon has corporate offices in Van Buren Township, Michigan; Shanghai; and Chelmsford, UK. It owns facilities worldwide in more than 25 countries.

Sales & Marketing

Despite its recent bankruptcy, Visteon's customers remained true during its reorganization. While Ford represents a quarter of Visteon's business, the Hyundai Kia Automotive Group tops that, commanding around 30% of the company's revenues. Visteon provides components to a lion's share of the top global automotive OEMs -- Daimler, Honda, Toyota, and Volkswagen is the short list.

Financial Analysis

Although Visteon's net sales increased by almost 8% ($7.5 billion to almost $8.1 billion) from 2010 to 2011, its net income plunged significantly (92%) from $1 billion to a paltry $80 million. Restructuring expenses of $34 million along with the higher costs involved in maintaining its operations ate into its profits during 2011.

Strategy

Visteon has been getting rid of extraneous divisions and units in order to focus on its more profitable operations. In 2012 Visteon sold its automotive lighting operations to Varroc Group, a fellow provider of automotive parts, for $72 million in cash. The business included front and rear lighting systems and auxiliary lamps and key parts such as projectors and electronic modules. The divesture allowed Visteon to focus on its most lucrative business segment: Climate Control. Visteon also wishes to concentrate on the more profitable products within its Electronic Products operations.

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Jobs

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Senior Software Engineer

14 jobs

Salaries

Salary estimated from 315 employees, users, and past and present job advertisements on Indeed.

Rating overview

Rating is calculated based on 837 reviews and is evolving.

4.56 out of 5 stars.20193.25 out of 5 stars.20203.00 out of 5 stars.20212.67 out of 5 stars.20224.20 out of 5 stars.2023

Reviews

Sr. Software Engineer in Chennai, Tamil Nadu
on September 10, 2023
Who ever have interest to learn about Automotive software, this is good company
What is the best part of working at the company?We can get exposure in complete system What is the most stressful part about working at the company?Actual Working time in more than define time.What is the work environment and culture like at the company?Very good working culture, this may change depending on project
Software Developer in Bangalore, Karnataka
on September 9, 2023
decent place to work
Visteon's workplace is a model of excellence. It's a dynamic environment where innovation and collaboration flourish. The modern office design seamlessly blends aesthetics with functionality, offering ergonomic workstations and inviting collaboration zones. Cutting-edge technology and smart meeting rooms facilitate effortless communication and teamwork.What truly sets Visteon apart is its commit...
Sr. Software Engineer in Chennai, Tamil Nadu
on August 25, 2023
Good learning for beginners
Wonderful opportunity to learn as a beginner. Work life balance is not good. And it depends manager. Time critical deadlines tough to manage. Explore all components.
Deputy Manager in Chennai, Tamil Nadu
on July 28, 2023
Good place to work
I have been working with this firm almost a decade.There are many changes took place in the products what we develop here and company helped us to cop up with us to understand the changes and adaptation. Professional growth is slow here.
full time job in Chennai, Tamil Nadu
on March 7, 2023
Productive and joyful
Relaxing working no job tension free mind to proactive in excellent work place culture a good team leaders and engeeniers coworkers compatible of working hours

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Questions and answers

People have asked 12 questions about working at Visteon. See the answers, explore popular topics and discover unique insights from Visteon employees.

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Interview insights

Insights from 34 Indeed users who have interviewed with Visteon within the last 5 years.

Favourable experience
Interview is average
Process takes about a day or two

Common questions about Visteon

Working at Visteon

  • Senior Software Engineer3.7 out of 5 stars.
  • Software Engineer3.7 out of 5 stars.
  • Deputy Manager3.8 out of 5 stars.
  • Purchaser3.7 out of 5 stars.
  • Production Engineer4.0 out of 5 stars.
  • Assistant Manager4.7 out of 5 stars.

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