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Visteon Corp  (VC)
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Visteon's

Competitiveness


 

VC Sales vs. its Competitors Q1 2024



Comparing the current results to its competitors, Visteon reported Revenue decrease in the 1 quarter 2024 year on year by -3.52 %, despite the revenue increase by the most of its competitors of 0.76 %, recorded in the same quarter.

List of VC Competitors

With a net margin of 4.72 % Visteon achieved higher profitability than its competitors.

More on VC Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Visteon CorpNet Income in the 1 quarter 2024 grew year on year by 15.79%, slower than its competitors' income growth of 38.02 %

<<  VC Stock Performance Comparisons


Visteon's Comment on Competitors and Industry Peers


The automotive sector is concentrated, but operates under highly competitive conditions resulting from the globalized nature of the industry, high fixed costs and the resulting need for scale economies, market dynamics including share in mature economies and positioning in emerging economies, and the low cost of switching for the end consumer. Accordingly, OEMs rigorously evaluate suppliers on the basis of financial viability, product quality, price competitiveness, technical expertise and development capability, new product innovation, reliability and timeliness of delivery, product design and manufacturing capability and flexibility, customer service and overall management. The Companys primary independent competitors include Behr GmbH & Co. KG, Calsonic Kansei, Continental AG, Delphi Corporation, Denso Corporation, Faurecia Group, Hyundai Mobis Co., Ltd., International Automotive Components Group, Johnson Controls, Inc., Magna International Inc., Panasonic Corporation, Pioneer Corporation, Robert Bosch GmbH, Sanden Corporation and Valéo S.A.



  

Overall company Market Share Q1 2024

Overall company, revenue fell by -3.52 % and company lost market share, to approximately 1.53 %.




<<  More on VC Market Share.
 
*Market share is calculated based on total revenue.

  News about Visteon Corp Contracts

Visteon Set to Debut Futuristic Mobility Solutions at CES 2024 Amidst Competitive Market Dynamics

Global technology leader, Visteon Corporation (NASDAQ: VC), will unveil an array of cutting-edge solutions poised to transform the mobility industry at the Consumer Electronics Show (CES) 2024. This unveiling comes amidst a challenging financial landscape characterized by a quarterly revenue decrease of 1.17%, contrary to the trend among its competitors, who demonstrated an average increase of 5.78% during the same period.Scheduled to take place next week at the Paris Hotel Convention Center in Las Vegas, Nevada, CES 2024 marks the convergence of global technology giants, aspiring innovators, and industry specialists. At an event acknowledged globally as the proving ground for breakthrough technologies and i...

Visteon's Innovative Deco Trim Command and Control Display Recognized at CES 2024 as Revenue Decrease Challenges Competitors



Visteon Corporation, a leading provider of automotive cockpit electronics and connected car solutions, has recently made waves in the Vehicle Tech and Advanced Mobility category with its latest display product, the Deco Trim Command and Control Display. The company has been honored as a CES 2024 Innovation Awards Honoree, showcasing its commitment to pushing the boundaries of innovation in the automotive industry.
Despite this accolade, Visteon has faced a significant challenge in terms of revenue decrease compared to its competitors. In the third quarter of 2023, Visteon reported a year-on-year revenue decrease of -1.17%. This stands in stark contrast to the revenue increase recorded by most o...





Who are Visteon Corp's Competitors?




Allison Transmission Holdings Inc
Share Performance



+7.77%
Over The Past 5 Days



Allison Transmission Holdings Inc
Profile

Allison Transmission Holdings Inc operates under a business model focused on the design, manufacture, and sale of commercial-duty propulsion solutions and components. They primarily specialize in fully automatic transmissions used in medium- and heavy-duty commercial vehicles. Their business revolves around serving various industries such as construction, defense, energy, and transportation through the production and distribution of reliable powertrain systems.

More about Allison Transmission Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 7,188.102 mill. $ 2,978.000 mill. $ 644.000 mill.


Aptiv Plc
Share Performance



-33.85%
One Year



Aptiv Plc
Profile

Aptiv Plc is an automotive technology company that focuses on the design and development of advanced safety systems and autonomous driving technologies. Their business model revolves around providing innovative solutions to automakers to enhance the safety, efficiency, and connectivity of vehicles. By leveraging their expertise in software development, electrical architecture, and vehicle integration, Aptiv aims to transform the future of mobility by enabling safer and more autonomous transportation options.

More about Aptiv Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 19,893.901 mill. $ 20,134.000 mill. $ 3,026.000 mill.


Borgwarner Inc
Share Performance



-7.68%
This Year



Borgwarner Inc
Profile

BorgWarner Inc is an automotive parts supplier that designs, develops, and manufactures technologies for vehicle propulsion systems.

More about Borgwarner Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 7,574.994 mill. $ 13,613.000 mill. $ 686.000 mill.


Cummins Inc
Share Performance



-4.42%
This Quarter



Cummins Inc
Profile

Cummins Inc's business model revolves around the design, manufacturing, and distribution of engines, power systems, and related technologies. They serve a wide range of industries including automotive, power generation, construction, mining, and marine. Additionally, Cummins offers a variety of services and solutions to support their products throughout their lifecycle.

More about Cummins Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 41,056.953 mill. $ 34,015.000 mill. $ 2,062.000 mill.


Dana Inc
Share Performance



-31.52%
One Year



Dana Inc
Profile

Dana Inc is an automotive supplier that operates on a business-to-business model, providing a wide range of drivetrain, sealing, and thermal-management products for various industries. They primarily generate revenue by selling their products to original equipment manufacturers (OEMs) and aftermarket customers. The company combines innovation, quality, and customer relationships to offer tailored solutions and remain competitive in the global automotive market.

More about Dana Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,752.080 mill. $ 10,646.000 mill. $ 28.000 mill.


Dover Corp
Share Performance



+24.24%
One Year



Dover Corp
Profile

Dover Corp's business model revolves around providing a diverse range of specialized products and solutions across various industries through their individual operating segments.

More about Dover Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 25,874.366 mill. $ 8,451.865 mill. $ 3,243.073 mill.


Eaton Corporation Plc
Share Performance



-0.04%
30 Days



Eaton Corporation Plc
Profile

Eaton Corporation Plc operates as a diversified power management company. The company provides electrical products, systems, and services for power distribution and control, lighting and security, and structural solutions. Eaton serves various industries including electrical, aerospace, hydraulics, and vehicle sectors, focusing on delivering efficient and sustainable solutions to its customers globally.

More about Eaton Corporation Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 131,433.357 mill. $ 23,606.000 mill. $ 3,406.000 mill.


Franklin Electric Co Inc
Share Performance



+7.81%
Over The Past 5 Days



Franklin Electric Co Inc
Profile

Franklin Electric Co Inc operates as a global provider of systems and components for moving water and fuel. They design, manufacture, and distribute products and systems used in residential, commercial, agricultural, and industrial applications.

More about Franklin Electric Co Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,753.629 mill. $ 2,041.037 mill. $ 190.250 mill.


Corning Inc
Share Performance



+43.22%
This Quarter



Corning Inc
Profile

Corning Inc's business model revolves around the manufacturing and sale of specialty glass and ceramic products. Their focus is on innovation and technology, providing solutions to various industries such as telecommunications, automotive, and life sciences.

More about Corning Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 39,849.333 mill. $ 12,385.000 mill. $ 682.000 mill.


Genuine Parts Co
Share Performance



-1.09%
30 Days



Genuine Parts Co
Profile

Genuine Parts Co is a distributor of automotive and industrial replacement parts, operating through multiple divisions for various markets. Their business model revolves around sourcing and procuring quality parts from suppliers and efficiently distributing them through an extensive network of stores to meet the demands of both retail customers and professional repair shops.

More about Genuine Parts Co's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 19,747.921 mill. $ 23,197.053 mill. $ 1,253.060 mill.


Honeywell International Inc
Share Performance



+3.46%
30 Days



Honeywell International Inc
Profile

Honeywell International Inc operates as a diversified technology and manufacturing company. Through its various business segments, it designs, produces, and sells a wide range of products and solutions across industries such as aerospace, building technologies, performance materials, and safety and productivity solutions. The company focuses on delivering innovative solutions to its customers, providing long-term value, and driving sustainable growth.

More about Honeywell International Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 141,523.928 mill. $ 36,903.000 mill. $ 5,739.000 mill.


Idex Corp
Share Performance



-3.89%
This Year



Idex Corp
Profile

Idex Corp operates through a diversified business model, offering a range of engineered products and solutions to various industries. Their business revolves around providing innovative technologies and services, often on a customized basis, to meet specific customer needs.

More about Idex Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 15,687.771 mill. $ 3,229.000 mill. $ 577.100 mill.


Itt Inc
Share Performance



+8.95%
Over The Past 5 Days



Itt Inc
Profile

ITT Inc. operates as a global diversified industrial company that aims to provide highly engineered products and services to various industries, including aerospace, defense, energy, and transportation. The company focuses on developing innovative solutions and building partnerships with customers to create long-term value.

More about Itt Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,349.748 mill. $ 3,395.700 mill. $ 425.100 mill.


Standard Motor Products Inc
Share Performance



-24.69%
This Year



Standard Motor Products Inc
Profile

Standard Motor Products Inc is an automotive parts manufacturer and distributor, specializing in producing engine management and temperature control products for various vehicles.

More about Standard Motor Products Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 669.610 mill. $ 1,360.320 mill. $ 31.385 mill.


Tenneco Inc
Share Performance



-2.53%
Over The Past 5 Days



Tenneco Inc
Profile

Tenneco Inc operates as a global supplier of automotive components and systems with a business model focused on manufacturing and distributing a wide range of products. The company primarily serves the automotive OEM and aftermarket sectors, offering solutions for emissions control, ride performance, and clean air systems. Tenneco strives to continuously innovate and provide customers with quality products, contributing to the overall efficiency and sustainability of the automotive industry.

More about Tenneco Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,226.420 mill. $ 18,634.000 mill. $ -180.000 mill.


Gentherm Incorporated
Share Performance



+7.69%
Over The Past 5 Days



Gentherm Incorporated
Profile

Gentherm Incorporated operates under a business model focused on the development and manufacture of thermal management technologies for various industries. The company provides innovative solutions such as heated and cooled seating systems, climate control systems, and battery thermal management systems. With a strong emphasis on research and development, Gentherm aims to offer advanced thermal management solutions to enhance comfort, efficiency, and sustainability in various applications.

More about Gentherm Incorporated's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,710.922 mill. $ 1,444.480 mill. $ 18.051 mill.


Telkonet Inc
Share Performance



+59.72%
Over The Past 5 Days



Telkonet Inc
Profile

Telkonet Inc operates within the field of energy management and control solutions.

More about Telkonet Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5.335 mill. $ 8.448 mill. $ -1.285 mill.


Unique Fabricating Inc
Share Performance



-24.33%
This Quarter



Unique Fabricating Inc
Profile

Unique Fabricating Inc is a company that operates in the automotive industry, specializing in the design and manufacture of multi-material foam, rubber, and plastic components. Their business model involves providing innovative and cost-effective solutions to automotive manufacturers by utilizing their expertise in engineering, materials science, and manufacturing capabilities.

More about Unique Fabricating Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1.965 mill. $ 134.913 mill. $ -23.361 mill.


Advanced Drainage Systems Inc
Share Performance



+0.27%
This Quarter



Advanced Drainage Systems Inc
Profile

Advanced Drainage Systems Inc operates through a direct sales model, catering primarily to the construction industry. By offering a wide range of high-quality and sustainable drainage products, the company aims to meet the diverse needs of its customers across various end markets. Through its extensive distribution network, Advanced Drainage Systems delivers its products efficiently, ensuring customer satisfaction and building long-term relationships.

More about Advanced Drainage Systems Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 13,095.724 mill. $ 2,874.473 mill. $ 513.291 mill.


Cts Corporation
Share Performance



+22.41%
One Year



Cts Corporation
Profile

Cts Corporation operates through two main business segments: Electronic Components which involves designing, manufacturing, and selling a wide range of electronic components used in various applications, and Sensors and Actuators which focuses on designing, manufacturing, and selling sensors, actuators, and electronic modules used in the automotive, medical, industrial, and communications markets.

More about Cts Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,661.260 mill. $ 568.009 mill. $ 60.152 mill.


Garmin Ltd
Share Performance



+34.42%
This Year



Garmin Ltd
Profile

Garmin Ltd operates through a business model centered around the development, manufacturing, and distribution of navigation, communication, and information devices. The company offers a wide range of products including GPS navigation systems, wearables, and marine electronics, targeting customers from various industries, including automotive, aviation, outdoor activities, and fitness. Garmin's revenue is primarily generated through the sale of these products, which are marketed globally through a combination of direct sales, retail partnerships, and online platforms.

More about Garmin Ltd's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 32,640.584 mill. $ 5,051.145 mill. $ 1,040.781 mill.


Johnson Controls International Plc
Share Performance



+7.03%
This Quarter



Johnson Controls International Plc
Profile

Johnson Controls International Plc's business model revolves around providing innovative solutions and services in the field of smart building technology, energy efficiency, and sustainability. They offer a wide range of products, including HVAC systems, energy storage solutions, and building automation systems, helping customers optimize their energy usage and reduce operational costs. Additionally, they provide installation, maintenance, and monitoring services to ensure the seamless operation of these systems.

More about Johnson Controls International Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 47,299.439 mill. $ 26,904.000 mill. $ 1,604.000 mill.


Enpro Inc
Share Performance



+13.16%
One Year



Enpro Inc
Profile

Enpro Industries Inc operates through a diversified business model, focusing on engineering and manufacturing high-performance industrial products across various sectors.

More about Enpro Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 162.214 mill. $ 1,033.400 mill. $ -6.600 mill.


Stoneridge Inc
Share Performance



+15.73%
Over The Past 5 Days



Stoneridge Inc
Profile

Stoneridge Inc operates as a global designer and manufacturer of electrical and electronic components for the automotive industry. They provide innovative solutions to vehicle manufacturers, contributing to the development of advanced automotive technologies.

More about Stoneridge Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 449.549 mill. $ 985.460 mill. $ -14.333 mill.


Strattec Security Corp
Share Performance



-8.54%
30 Days



Strattec Security Corp
Profile

Strattec Security Corp is a company that primarily operates in the automotive industry and specializes in the design, development, and manufacturing of mechanical and electronic locks, ignition systems, and related security access control products. They primarily cater to original equipment manufacturers (OEMs) and provide innovative security solutions for vehicles worldwide.

More about Strattec Security Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ - mill. $ -8.889 mill.


Textron Inc
Share Performance



+35.05%
One Year



Textron Inc
Profile

Textron Inc operates on a diversified business model, primarily focusing on five segments: Bell, Textron Systems, Industrial, Textron Aviation, and Finance. The company provides a wide range of products and services, including aerospace and defense technologies, specialized vehicles, and financial services, catering to various industries and markets around the world.

More about Textron Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17,775.816 mill. $ 13,794.000 mill. $ 931.000 mill.


Commercial Vehicle Group Inc
Share Performance



-53.41%
One Year



Commercial Vehicle Group Inc
Profile

Commercial Vehicle Group Inc operates as a supplier of interior systems, vision systems, and other related products for the global commercial vehicle market. The company's business model revolves around manufacturing and distributing a wide range of innovative products specifically designed for commercial vehicles, including seats, instrument panels, wiring harnesses, mirrors, and more. These products are then sold to original equipment manufacturers (OEMs) and aftermarket customers to enhance the functionality, safety, and aesthetics of commercial vehicles.

More about Commercial Vehicle Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 169.019 mill. $ 962.679 mill. $ 43.650 mill.


Modine Manufacturing Co
Share Performance



+204.60%
One Year



Modine Manufacturing Co
Profile

Modine Manufacturing Co utilizes a business model centered around manufacturing various thermal management solutions, including radiators, air conditioning systems, and heat exchangers. The company aims to provide innovative and sustainable products to customers across industries such as automotive, commercial HVAC, and industrial markets. Modine Manufacturing Co focuses on cost-effective production, efficient distribution, and strong customer relationships to maintain its position as a leading global thermal management solutions provider.

More about Modine Manufacturing Co's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,037.861 mill. $ 2,407.600 mill. $ 163.400 mill.


Methode Electronics Inc
Share Performance



+11.61%
This Quarter



Methode Electronics Inc
Profile

is a leading global supplier of custom engineered solutions

More about Methode Electronics Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 486.997 mill. $ 1,172.300 mill. $ -6.900 mill.



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