Visteon Announces Record First-Quarter 2017 Results

Visteon Corporation (NYSE: VC) today announced first-quarter 2017 results, reporting sales of $810 million compared with $802 million in 2016. First-quarter net income attributable to Visteon was $63 million or $1.91 per diluted share for 2017, compared with $19 million or $0.49 per diluted share for 2016. First-quarter Electronics sales were $810 million compared with $793 million for the same period in 2016. Electronics first-quarter net income was $55 million or $1.67 per diluted share for 2017, compared with $38 million or $0.99 per diluted share for 2016. Electronics adjusted EBITDA, a non-GAAP financial measure as defined below, was $101 million for [...]

By |May 11th, 2017|Categories: Business News|0 Comments

Machine Learning Algorithms in Autonomous Cars

Machine learning algorithms are now used extensively to find solutions to different challenges ranging from financial market predictions to self-driving cars. With the integration of sensor data processing in a centralized electronic control unit (ECU) in a car, it is imperative to increase the use of machine learning to perform new tasks. Potential applications include driving scenario classification or driver condition evaluation via data fusion from different internal and external sensors – such as cameras, radars, lidar or the Internet of Things. Anshul Saxena, software expert at Visteon's technical center in Karlsruhe, Germany, provides a technical review of the use of machine [...]

By |March 2nd, 2017|Categories: Technology News|0 Comments

Visteon Appoints Matthias Schulze as Head of Advanced Driver Assistance System (ADAS) Development

Industry-recognized technologist will lead Visteon’s advanced development of ADAS controllers and platforms VAN BUREN TOWNSHIP, Mich., U.S., Dec. 6, 2016 – Leading automotive cockpit electronics supplier Visteon Corporation (NYSE:VC) has named Matthias Schulze to lead the company’s next-generation advanced driver assistance system (ADAS) development, including a new centralized approach to domain controller and platform development. Based at Visteon’s technical center in Karlsruhe, Germany, Schulze will report to Chief Technology Officer Markus Schupfner. Schulze joins Visteon in January 2017. Schulze joins Visteon from Daimler AG, where he headed the automaker’s Group Research and Advanced Engineering activities in environmental perception, ADAS system development, autonomous driving [...]

By |December 9th, 2016|Categories: Business News|0 Comments