Visteon Opens Representative Office in St. Petersburg to Support Expansion in Russia

ST. PETERSBURG, Russia, Oct. 1, 2008, 2008 /PRNewswire via COMTEX/ -- VC | Quote | Chart | News | PowerRating -- Visteon Corporation (NYSE: VC), a leading supplier of automotive interiors, climate, electronics and lighting systems, recently opened an office in St. Petersburg, Russia. The office, based on Nevsky Prospect, provides an expanded level of service to Visteon's customers operating in the rapidly growing Russian market.

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Key priorities for the office are to provide Visteon's customers with a local interface to Visteon's global engineering and manufacturing resources, and to be a center for new business development activities. Visteon is also in the process of building a manufacturing facility in the Kaluga region, scheduled to start production in 2010.

"With our representative office as a strong focal point, Visteon is well-positioned to build on the new business wins we have secured in Russia," said Robert Pallash, Visteon senior vice president and president, global customer groups. "As we expand our manufacturing footprint in Russia, the St. Petersburg office will play a key role in driving further business expansion in the Russian market."

Visteon's Russian representative office will be headed by Larissa Koursova. Koursova has extensive knowledge of the automotive supply industry and has previously worked at Visteon's Corporate Offices and Innovation Center in the U.S. in engineering, sales and business development positions.

Visteon's Russian Representative Office in St. Petersburg can be reached at: Visteon Corporation 25 Nevsky Prospect St. Petersburg 191186 Russian Federation Office: +7 812 313 0961 Fax: +7 812 346 7800 Email: lkoursov@visteon.com

Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has facilities in 26 countries and employs approximately 38,500 people.

Visteon news releases, photographs and product specification details are available at www.visteon.com

SOURCE Visteon Corporation

http://www.visteon.com

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