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Visteon and Halla Climate Control Issue Statement Confirming Growing Business Backlog and Strong Customer Relationships

Visteon and Halla Climate Control Issue Statement Confirming Growing Business
                  Backlog and Strong Customer Relationships

PR Newswire

VAN BUREN TOWNSHIP, Mich., Jan. 3, 2013

VAN BUREN TOWNSHIP, Mich., Jan. 3, 2013 /PRNewswire/ -- The following
statement was issued today by Timothy D. Leuliette, president and CEO of
Visteon Corporation (NYSE: VC) and Y.H. Park, president and CEO of Halla
Climate Control Corp. (HCC), a Korea-based affiliate that is majority-owned by
Visteon.

Certain recent media reports originating in Korea inaccurately characterized
the state of the longtime successful business relationship between Halla
Climate Control Corp. (HCC) and Hyundai, and the strength of the overall HCC
order book.

HCC's order book with Hyundai, and with its overall customer base, continues
to grow at a faster rate than the market we serve, and all indications are
that this strong growth is expected to continue into the future. HCC's
relationship with Hyundai remains strong and we expect it will be further
strengthened with the integration of Visteon's climate business into HCC,
which is targeted for completion in the first quarter of 2013. Furthermore,
HCC expects to continue to grow its business globally as it invests and
develops market-leading technologies widely desired by its customer base.

HCC does not win 100 percent of Hyundai's climate business and does not
participate in every Hyundai vehicle program; this would not be a realistic
business model for any automaker with any supplier. HCC deeply values its
ongoing relationship with Hyundai, as well as its ever-growing portfolio of
customers, and will continue to deliver award-winning technologies, quality
and value.

About Visteon
Visteon is a leading global automotive supplier that designs, engineers and
manufactures innovative climate, electronics and interior products for vehicle
manufacturers. With corporate offices in Van Buren Township, Mich. (U.S.);
Shanghai, China; and Chelmsford, UK; the company has facilities in 28
countries and employs approximately 22,000 people. Learn more at
www.visteon.com.

SOURCE Visteon Corporation

Website: http://www.visteon.com
Contact: Media: Jim Fisher, +1-734-710-5557 or +1-734-417-6184 - Mobile,
jfishe89@visteon.com or Investors: Scott Deitz, +1-734-710-2603,
sdeitz@visteon.com