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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
DATE OF REPORT FEBRUARY 27, 2001
(Date of earliest event reported)
VISTEON CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 1-15827 38-3519512
(State of incorporation) (Commission File Number) (I.R.S. employer identification no.)
5500 Auto Club Drive, Dearborn, Michigan 48126
(Address of principal executive offices) (Zip code)
(800)-VISTEON
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
Visteon Corporation hereby avails itself of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995.
Visteon may, from time to time, make forward-looking statements, including
statements projecting, forecasting or estimating company performance and
industry trends. The achievement of the projections, forecasts or estimates
contained in the company's forward-looking statements is subject to certain
risks and uncertainties, including the following:
- Changes in the operations (including products and product planning),
financial condition, results of operations or market share of Visteon's
customers, particularly its largest customer, Ford Motor Company.
- Changes in economic conditions, currency exchange rates or political
stability in the major markets where Visteon procures materials, components
or supplies or where its products are manufactured, distributed or sold,
particularly a decline in the vehicle production rate in North America or
Europe.
- Significant changes in the competitive environment in the major markets
where Visteon procures materials, components or supplies or where its
products are manufactured, distributed or sold.
- Legal and administrative proceedings, investigations and claims, including
product liability, warranty, environmental and safety claims, and any
recalls of products manufactured or sold by Visteon.
- Shortages of materials or interruptions in transportation systems, labor
strikes, work stoppages or other interruptions to or difficulties in the
employment of labor in the major markets where Visteon purchases materials,
components or supplies to manufacture its products or where its products
are manufactured, distributed or sold.
- Changes in laws, regulations, policies or other activities of governments,
agencies and similar organizations that may tax or otherwise increase the
cost of, or otherwise affect, the manufacture, licensing, distribution,
sale, ownership or use of Visteon's products or assets.
- Visteon's ability to increase sales to customers other than Ford; to
maintain current business with, and to win future business from, Ford; to
generate cost savings to offset or exceed contractually- or
competitively-required price reductions or price reductions to win
additional business; to recover engineering and tooling costs; to
streamline and focus its product portfolio; to sustain technological
competitiveness; and to exit non-performing businesses on satisfactory
terms, particularly due to limited flexibility under existing labor
agreements.
- Other risks and uncertainties detailed from time to time in Visteon's
Securities and Exchange Commission filings.
If any of these risks and uncertainties develop into actual events, actual
results and events may differ materially from those projected, forecasted or
estimated. Please note that the risks and uncertainties mentioned above are not
the only ones facing Visteon. Additional risks and uncertainties not presently
known to Visteon or currently believed to be immaterial may also adversely
affect Visteon's business.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
VISTEON CORPORATION
Date: February 27, 2001 By: /s/ Stacy L. Fox
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Stacy L. Fox
Senior Vice President,
General Counsel and Secretary