Visteon’s Q1 net sales decline 12.7% y/y to USD643 million
The US-based supplier reported new business wins of USD800 million and 13 new product launches in the first quarter
Visteon has reported a 12.7% year-on-year (y/y) decline in net sales to USD643 million in the first quarter ended 31 March 2020, the company said in a press release on 30 April. The company generated 37% of the first-quarter sales from Europe, 28% from the Americas, 18% from China, and 17% from the other Asia-Pacific market.
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