Visteon and Avtopribor Announce Joint Venture in Russia to Supply Vehicle Cockpit Electronics

New joint venture - OOO Visteon Avtopribor Electronics - is set to become one of the largest automotive electronics suppliers in Russia, with full manufacturing and engineering capability

VLADIMIR, Russia, August 26, 2010 - OOO Visteon Avtopribor Electronics, a new joint venture between Visteon
Corporation, a leading global supplier of automotive systems, and Avtopribor,
one of Russia's largest automotive components suppliers, will supply a wide
range of cockpit electronics products including audio, infotainment, driver
information and controls electronics to the growing Russian automotive
market.

Based in Vladimir, approximately 170 kilometers (105 miles) east of
Moscow, Visteon Avtopribor Electronics is centrally located to support both
domestic and global vehicle manufacturers in Russia. The new joint venture
has full manufacturing and product development capabilities and will supply
leading Russian vehicle manufacturers including AVTOVAZ, GAZ and Sollers, as
well as Ford. The joint venture is also engaging with global vehicle
manufacturers located in the country in support of its growth objectives.

"Visteon Avtopribor Electronics offers Visteon immediate access to the
domestic Russian market through one of our established and highly respected
partners," said Steve Meszaros, Visteon product group president. "Expanding
into the important Russian market supports our strategy of offering our
global customers fully localized products in markets where they are growing."

Combining Visteon's global cockpit electronics technology platforms with
Avtopribor's strong position in the Russian market, the joint venture is set
to become one of Russia's largest automotive electronics suppliers.

"Establishment of the new joint venture will allow us to offer
world-class products to Russian customers and gives Avtopribor an opportunity
to focus on other competitive products," said Alexey Melnikov, Avtopribor
general director.

OAO "Zavod "Avtopribor" is one of the leading Russian suppliers of
automotive components that develops, designs and manufactures wiper systems,
instrument clusters, different types of transmitters and gauges and other
components for Russian automakers and global vehicle manufacturers with
localized production in Russia. The company is located in Vladimir, Russia,
and employs approximately 2,500 people.

Visteon Corporation is a leading global automotive supplier that designs,
engineers and manufactures innovative climate, interior, electronic and
lighting products for vehicle manufacturers. With corporate offices in Van
Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the
company has facilities in 25 countries and employs approximately 28,500
people.

Visteon news releases, photographs and product specification details are
available at www.visteon.com

    Contact(s):

    Media:

    Europe
    Jonna Christensen
    +44-1245-395038
    Jchris18@visteon.com

    North America
    Jim Fisher
    +1-734-710-5557
    jfishe89@visteon.com

    Investors:

    Michael Lewis
    +1-734-710-5800
    investor@visteon.com

Media: Europe: Jonna Christensen, +44-1245-395038, Jchris18 at visteon.com; North America: Jim Fisher, +1-734-710-5557, jfishe89 at visteon.com; Investors: Michael Lewis, +1-734-710-5800, investor at visteon.com