Visteon Confirms Halla Climate Control Board Approval of Agreement to Consolidate Visteon Climate Operations into Halla

    Visteon Confirms Halla Climate Control Board Approval of Agreement to
              Consolidate Visteon Climate Operations into Halla

Visteon board approval expected soon; transaction on track for completion in
first quarter 2013

PR Newswire

VAN BUREN TOWNSHIP, Mich., Jan. 10, 2013

VAN BUREN TOWNSHIP, Mich., Jan. 10, 2013 /PRNewswire/ --Visteon Corporation
(NYSE: VC) confirmed today that the board of directors of its Korean affiliate
Halla Climate Control Corp. (HCC) has approved a definitive agreement to
consolidate most of Visteon's automotive climate business into HCC. Approval
of the agreement by Visteon's board of directors and entry into the final
agreement are expected soon. Visteon also confirmed that the transaction,
first outlined in September 2012, is on track to be completed in the first
quarter of 2013.

(Logo: http://photos.prnewswire.com/prnh/20001201/DEF008LOGO )

Visteon owns 70 percent of HCC and would have the same ownership level in the
combined business. The consolidation would create the second largest global
supplier of automotive climate components and systems.

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, +1-734-417-6184 - Mobile,
jfishe89@visteon.com; Investors: Scott Deitz, +1-734-710-2603,
sdeitz@visteon.com