Visteon marks $113.89 million operating loss for August; sales climb

By Caroline Salls

Pittsburgh, Sept. 30 - Visteon Corp. reported a $113.89 million operating loss for August on $79.59 million in net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In July, the company posted $516,000 in net sales, but no net income or loss or operating income or loss.

Visteon reported a $140.89 million net loss for August.

The company had $169.06 million in cash and cash equivalents at Aug. 31, up from $144.65 million at the end of July.

Visteon, a Van Buren Township, Mich., global automotive supplier, filed for bankruptcy on May 28, 2009. Its Chapter 11 case number is 09-11786.

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