Visteon Secures Global Business With Mercedes-Benz Truck Division

    STUTTGART, Germany, Sept. 4 Visteon Corporation
secured global new business with DaimlerChrysler's (DCX) Mercedes-Benz Truck
Division, and will supply instrument panels, audio systems and cockpits for
current and future vehicles.

    Visteon is the largest instrument panel manufacturer in the world and has
secured significant business with Mercedes-Benz to supply some of their
forthcoming product ranges.  In addition to leadership in instrument panel
manufacturing, Visteon is a systems integrator with audio expertise and a
front-runner in cockpit development.  These credentials resulted in agreements
for supplying cockpits from Visteon's Rougegoutte facility in France and from
its Arbor Plant in Sao Paolo (Brazil).
    
In Rougegoutte 550 workers manufacture over 675,000 instrument panels and
plastics products per annum for OEM's.  The Arbor Plant currently employs
around 2,800 people and manufactures over 10 million units per annum
(including cockpits) for vehicle manufacturers around the world.
    
"We are very pleased with the growth of our business with DaimlerChrysler.
They are driven by advanced technology and first class quality," said Jeremy
Goddard, Visteon's Program Director for DaimlerChrysler.  "Visteon provides
them with a fine portfolio of leading technologies and the ability to supply
these cost-effectively and on a global scale.  It's a good fit."
    
Visteon's relationship with Mercedes-Benz began in March 2000 and
continues to grow.  At that time, Visteon began supplying 24V audio units for
the DCX Mercedes-Benz Heavy Truck Division for installation in the Actros and
Atego.  Visteon, one of the largest audio suppliers in the world, applied
expertise from its state-of-the-art test and development facility in Laindon,
UK.  The 24V audios were developed incorporating functions, such as RDS
traffic information, tape or CD drives.  These are manufactured at Visteon's
Palmela facility in Portugal.  Visteon's Palmela plant now ships 70,000 units
each year to the Mercedes-Benz truck plants in Germany and Turkey.
  
  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 80,000 employees and a global delivery system of more than 130 technical,
manufacturing, sales, and service facilities located in 25 countries.