The move follows an announcement Wednesday by the New York Stock Exchange that Visteon common stock will be suspended from the NYSE at the end of trading today, based on an NYSE determination on low trading levels of the stock.
The company noted that while its stock is changing markets, shares are unaffected. Instead of trading on the NYSE, shares will be available for trading over-the-counter (OTC) on the Pink Sheets, a centralized quotation service that publishes quotes for OTC securities.
Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has facilities in 27 countries and employs approximately 33,500 people.
Web site: http://www.visteon.com/