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Visteon Buys LTD Parts    

20 December 2000

   

    DEARBORN, Mich., Dec. 20 Visteon Corporation continues to expand its 
aftermarket offerings with the acquisition of LTD Parts Inc., of Sparta, Tenn.
LTD Parts is a 17-year-old remanufacturer of starters and alternators.
    
    The purchase of LTD provides Visteon with increased capacity to supply
remanufactured starters and alternators to the independent aftermarket.  It
also will assist the company in continuing to support its largest customer,
Ford Motor Company.

    "LTD is a very well-respected company in the aftermarket and has a
tradition of supplying high-quality remanufactured components," said David F.
Peace, Vice President, Visteon Global Aftermarket Operations.  "We look
forward to leveraging the synergies and expertise they provide in order to
help our customers become more successful."

    LTD's Sparta facility produces approximately 400,000 units of starters and
alternators annually, representing about 2,500 part numbers.

    "We're excited about the resources and strengths we can now offer," said
Terry Howard, president of LTD, who will continue to supervise the operations
at the Sparta facility.  "The commitment that Visteon has to grow its
aftermarket business can only be seen as a positive among the employees here
as well as for our established customer base.  We look forward to becoming
part of Visteon and offering a new level of service."

    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 a global delivery system of more than 130 technical, manufacturing, sales,
and service facilities located in 23 countries.  It has 81,000 employees
working in three business segments: Dynamics and Energy Conversion; Comfort,
Communication and Safety; and Glass.