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 March 11, 2002 -------------- (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 of incorporation) (Commission File Number) (IRS Employer 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 - ITEM 5. OTHER EVENTS. On March 11, 2002, we issued a press release reporting that Ford and Visteon reached settlement on North American Pricing. 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 March 11, 2002
- 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: March 11, 2002 By: /s/Stacy L. Fox -------------------------------- Stacy L. Fox Senior Vice President, General Counsel and Secretary
- 4 - EXHIBIT INDEX Exhibit No. Description Page Exhibit 99.1 News Release dated March 11, 2002
EXHIBIT 99.1 [VISTEON PRESS RELEASE] NEWS Contact: Della DiPietro (Ford) 1.313.322.1185 Greg Gardner (Visteon) 1.313.755.0927 Media Information Center 1.800.665.1515 or 1.313.621.0504 media@ford.com Go to http://media.ford.com for news releases and high-resolution photographs. IMMEDIATE RELEASE FORD AND VISTEON REACH SETTLEMENT ON NORTH AMERICAN PRICING DEARBORN, Michigan, March 11, 2002 -- Ford Motor Company (NYSE:F) and Visteon Corporation (NYSE:VC) today announced an agreement resolving North American pricing issues between the two companies. The agreement is for the 2001 and 2002 calendar years. Terms of the agreement were not disclosed. "We are glad that we have resolved our issues with Visteon in a manner that is beneficial to both companies," said Carlos Mazzorin, Ford group vice president, Asia Pacific Operations, South American Operations and Global Purchasing. "We look forward to a continued strong and beneficial relationship with Visteon." "Visteon is pleased that we have resolved these issues with Ford," said Michael Johnston, Visteon president and chief operating officer. "We believe this outcome is fair and equitable and strengthens the Visteon and Ford partnership." Both companies said the outcome would not materially impact their financial outlook or previously filed financial statements. As previously disclosed, the remaining European issues are under discussion. In June of 2000, Visteon was spun off from Ford Motor Company.