Visteon Corporation (VC) is an American global automotive electronics supplier and Fortune 500 company spun off from the Ford Motor Company in 2000. Visteon is composed of multiple businesses that design, engineer, and manufacture vehicle cockpit electronics products and connected car services for a diversified customer base, including all of the major automakers worldwide. Introduction Visteon is a spinoff from the Ford Motor Company, as Delphi is from General Motors. In 2017, Visteon had sales of US$3.146 billion and approximately 10,000 employees at more than 40 facilities in 18 countries. Since its independence from Ford, Visteon has set a corporate goal of expanding business with other companies, and now has a diversified customer base, working with all of the major automakers worldwide. Visteon's market share, market and revenue have changed substantially since it formed. A majority of revenue (80+%) came from North America, driven by its relationship with Ford Motor Company. Today, its revenue comes predominantly from Asia, North America, and Europe. In 2005, Visteon moved to new headquarters in Van Buren Township, Michigan. Business Initially, Visteon participated in three main divisions: climate, electronics, and interior systems. With the sale of its equity interest in the Climate operations in mid-year 2015 and completed sale of its interiors business in 2016, Visteon re-focused on the high-growth cockpit electronics business with a focus on software and the connected car. In 2015, Visteon introduced Sachin Lawande as the new president and CEO. Operations The company has three corporate offices reflecting the company's key markets. North American Corporate Office and Innovation Center, Van Buren Township, Michigan, United States. Asia Pacific Corporate Office and Innovation Center, Shanghai, China. European Corporate Office, Chelmsford, United Kingdom. Products Automotive Cockpit Electronics Instrument clusters Head-up displays Information display Audio systems Telematics SmartCore™ cockpit domain controllers Embedded multimedia Connectivity Audio and Infotainment Audio head units Infotainment Visteon Dockable Entertainment Connectivity services Audio components Vehicle Electronics Body, security and feature controllers Powertrain control High voltage/ Low voltage power control Domain controllers Information and Controls Instrument clusters Displays ADAS Heads Up Displays Climate control heads Decorative control panels Restructuring On September 13, 2005, Visteon and Ford reached an agreement whereby seventeen of the less-profitable Visteon plants and six offices would be transferred to an independent business entity called Automotive Components Holdings LLC. This action, intended to assure the long-term viability of Visteon, involved the transfer of 18,000 hourly workers and 5000 salaried