Visteon (VC) Presents At J.P. Morgan Auto Conference - Slideshow

Financial Performance & Outlook - Visteon's Q2 2020 sales were $371 million[9] - The company experienced a 53% year-over-year decline in production volumes from top customers[10] - Visteon achieved approximately 5% growth-over-market in Q2 2020[10] - The company anticipates a roughly 15% year-over-year decline in customer production for the second half of 2020[14] - Visteon reported $759 million in cash balance at the end of Q2[11] Strategic Initiatives & Market Position - Visteon secured $1.7 billion in new business wins year-to-date[11] - The company estimates the total cockpit electronics market size at $36 billion in 2019[17] - Visteon holds approximately 15% market share in clusters, 4% in audio/infotainment, and 10% in displays for 2019[18] Market Trends & Investment Thesis - Visteon is positioned as a top-5 supplier in the total cockpit electronics market with approximately 8% market share[18] - The company is focused on key market trends including digitization, connectivity, multi-display systems, and electrification[19]