1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report August 30, 2000 --------------- (Date of earliest event reported) VISTEON CORPORATION ------------------- (Exact name of registrant as specified in its charter) Delaware 1-15827 38-3519512 -------- ------- ---------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 5500 Auto Club Drive, Dearborn, Michigan 48126 - ------------------------------------------ --------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (800)-VISTEON -------------
2 -2- ITEM 5. OTHER EVENTS. On August 30, 2000, we issued a press release concerning our estimated third quarter earnings. The press release, filed as Exhibit 99.1 to this Current Report on Form 8-K, is incorporated herein by this reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. Exhibit No. Description - ----------- ----------- 99.1 Press release dated August 30, 2000
3 -3- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VISTEON CORPORATION Date: August 30, 2000 By: /s/ Stacy L. Fox -------------------------------- Stacy L. Fox Senior Vice President, General Counsel and Secretary
4 -4- EXHIBIT INDEX Exhibit No. Description Page - ----------- ----------- ---- Exhibit 99.1 Press Release dated August 30, 2000
1 EXHIBIT 99.1 Contact(s): Media Inquiries: Visteon Corporation Liane Smyth Public Affairs 313-755-2916 5500 Auto Club Drive lsmyth1@visteon.com Suite 2W338 Dearborn, MI 48126 Facsimile: 313-755-7983 Investor Inquiries: Kent Niederhofer 313-755-3699 kniederh@visteon.com [VISTEON LOGO] VISTEON CORPORATION ANNOUNCES REDUCTION IN THIRD QUARTER EARNINGS ESTIMATES DEARBORN, Mich., August 30, 2000 - Visteon Corporation (NYSE: VC) today reported that the recently announced Ford production cuts will have an adverse impact on the company's estimated earnings for the third quarter. The company estimated that the third quarter changes in Ford's truck production will affect its third quarter earnings by approximately 12 to 14 cents per share. However, Visteon believes that the company could recover some of the lost revenue later in the year as Ford evaluates actions to make up for lost production. Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has a global delivery system of more than 130 technical, manufacturing, sales, and service facilities located in 23 countries. It has 81,000 employees working in three business segments: Dynamics and Energy Conversion; Comfort, Communication and Safety; and Glass. This press release contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "estimated" and "potentially" signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties, some of which are and will be identified as "Risk Factors" in our SEC filings. See "Risk Factors" section of our prospectus dated June 13, 2000 as filed with the SEC on June 14, 2000. 1.
2 Should any risks and uncertainties develop into actual events, these developments could have material adverse effects on our business, financial condition and results of operations. ### Visteon news releases, photographs and product specification details are available at www.visteon.com 2.