Visteon Names New President of North America and Asia

    DEARBORN, Mich., July 11 Visteon Corporation
continues to build a talented global leadership team with the appointment of
James C. Orchard as President of North America & Asia.  With more than 25
years experience in the automotive supplier industry, he brings exceptional
talent and knowledge to Visteon.
    
"We are extremely pleased to have Jim join our management team," said
Michael Johnston, President and Chief Operating Officer, Visteon Corporation.
"He brings valuable perspective from the global automotive market and well-
documented people development skills -- both of which are key to Visteon's
success.  We look to him to carry forward our new customer-facing structure
and to help Visteon's strategic direction."
    
Orchard will have responsibility for the Visteon Customer Business Groups
that interface with the automakers headquartered in North America and Asia,
and regional responsibility for the manufacturing operations in those areas.
Additionally, he has been elected an Officer of the Company by Visteon's Board
of Directors.
   
 "I am very excited about the opportunity to join the Visteon team," said
Jim Orchard.  "As one of the world's leading suppliers, Visteon has the global
reach and engineering expertise that will help it continue to grow as an
independent company.  I look forward to working with the entire Visteon team
to deliver outstanding products to customers and to increase shareholder
value."
   
 Orchard's most recent position was Chief Executive Officer, ZF Group North
American & South American Operations where he was charged with full P&L
responsibility for the company's regional operations.   In January 2000, he
became a member of the ZF Board of Management and, that same year, led the
turnaround of the company's South American Operations.
    
During his career at ZF Group, Orchard was responsible for operations for
a multi-billion dollar global business.  He successfully led the charge to
leverage the company's strong commitment to innovation, engineering and
technology and fully utilize those assets into a profitable, customer-oriented
global franchise.
    
Orchard joined ZF in 1990 as President of Lemforder Corporation, the
chassis division of ZF Group, where he turned the business around and brought
it to fast growth and profitability, primarily through organic growth.  In
1997, Orchard was named President and CEO of ZF North America where he played
a critical role in integrating the global business with North and South
America and played an increasingly shared role in global product development,
R&D and technology innovation.
  
  In addition to his experience at ZF Group, Orchard brings extensive
manufacturing experience from his tenure at Dana Corp., where he held a
variety of progressive roles from International Materials Manager to Plant
Manager to Director of Assembly Operations for the company's axle division.
   
 Orchard holds degrees in business administration and marketing from
Indiana University.  He and his wife, Sue, have two sons and three
grandchildren.
  
  Visteon Corporation is a leading full-service supplier that delivers
consumer-driven technology solutions to automotive manufacturers worldwide and
through multiple channels within the global automotive aftermarket.  Visteon
has 82,000 employees and a global delivery system of more than 130 technical,
manufacturing, sales, and service facilities located in 25 countries.