Core Insights - Visteon reported full-year 2025 net sales of $3,768 million, showing growth in digital cockpit electronics but facing challenges from lower battery management system volumes and reduced customer recoveries [1] - The company achieved a gross margin of $532 million and a net income of $201 million, or $7.28 per diluted share, reflecting a decline from the previous year due to changes in valuation allowance assessment [2] - Adjusted EBITDA reached a record $492 million, representing a margin of 13.1%, attributed to strong operational performance and cost discipline [3] Product Launches - Visteon launched 86 new products across 19 OEM customers in 2025, with a balanced regional distribution among the Americas, Europe, and Asia [4] - Key fourth quarter launches included systems for Mahindra, Zeekr, Toyota, Tata, Ford, and Mazda, showcasing a diverse product portfolio [5] Future Outlook - For 2026, Visteon anticipates sales between $3.625 billion and $3.825 billion, with adjusted EBITDA projected between $455 million and $495 million, and adjusted free cash flow expected to be between $170 million and $210 million [6] - The company aims to position itself for growth by scaling next-generation cockpit platforms and expanding into adjacent markets [7]