Bankruptcy court approves Visteon Chapter 11 plan

By admin on August 31st, 2010

Visteon, a major supplier of parts to Ford Motor Co., said that it expects to emerge from Chapter 11 bankruptcy by Oct. 1. The company, based in Van Buren Township, Mich., filed its case in May 2009 as the auto industry was battered by sharply lower sales and the financial crisis.

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Categorized under: Automobiles.
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