Halla Visteon Climate Control to be Added to MSCI Korea Index
VAN BUREN TOWNSHIP, Mich., May 16, 2013
VAN BUREN TOWNSHIP, Mich., May 16, 2013 /PRNewswire/ --Halla Visteon Climate
Control Corp. (HVCC), a global supplier of automotive climate products that
is 70 percent owned by Visteon Corporation (NYSE: VC), will be added to the
MSCI Korea Index, effective at the close of the trading day on May 31, the
MSCI announced. HVCC becomes one of 104 companies in Korea on the MSCI (Morgan
Stanley Capital International) Index.
The MSCI Korea Index is a widely known, free float-adjusted market
capitalization weighted index that is designed to measure the performance of
the South Korea equity market. It is a component of the MSCI AC Asia ex Japan
Index, which is part of the broader MSCI Global Standard Indices. The addition
of HVCC to the Korea Index is among the changes announced by MSCI on May 15 as
part of its semi-annual review of its various indices.
MSCI Inc., which oversees the Global Standard Indices, is a leading provider
of investment decision support tools to investors globally, including asset
managers, banks, hedge funds and pension fund.
Visteon is a leading global automotive supplier delivering value for vehicle
manufacturers and shareholders through a family of businesses including:
oHalla Visteon Climate Control, majority-owned by Visteon and the world's
second-largest global supplier of automotive climate components and
oVisteon Electronics, a leading supplier of audio and infotainment, driver
information, center stack electronics and feature control modules.
oVisteon Interiors, a global provider of vehicle cockpit modules,
instrument panels, consoles and door trim modules.
oYanfeng Visteon Automotive Trim Systems Co., Ltd., a successful
non-consolidated China-based partnership between Visteon and Shanghai
Automotive Industry Corporation's automotive components group, Huayu
Through this family of enterprises, Visteon designs, engineers and
manufactures innovative components and systems for virtually every vehicle
manufacturer worldwide, and these businesses generated $13.8 billion in sales
in 2012, including non-consolidated operations. With corporate offices in Van
Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; Visteon has
facilities in 29 countries and employs through its various businesses,
including non-consolidated operations, approximately 55,000 people. Learn more
SOURCE Visteon Corporation
Contact: Media: Jim Fisher, 734-710-5557, firstname.lastname@example.org, Investors: Bob
Krakowiak, 734-710-5793, email@example.com
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