SHANGHAI, China, May. 9, 2008 —Yanfeng Visteon Automotive Electronics Co. Ltd. (YFVES), a joint venture between Visteon Corporation and Yanfeng Visteon Trim Systems Co., Ltd. recently received Shanghai General Motors' (SGM) Supplier Quality Excellence Award. The coveted award recognizes YFVES' outstanding achievements in 2007.
The Supplier Quality Excellence Award was established by SGM as a way to recognize the suppliers’ performance in helping SGM maintain its high reputation in delivering high quality vehicles. As an industry leader, SGM has set high standards in developing its supplier base for SGM & General Motors globally.
Through continuous efforts, YFVES delivers high quality performance to SGM, and achieved 6.7 parts per million (PPM) in 2007. This achievement puts it on par with worldwide leading suppliers as global industry standards recognize plants operating at single digit PPM as best in class. Currently, YFVES supplies a variety of electronics products for SGM's four assembly plants, including stereo CD radios, instrument clusters, BCM (body control modules), climate control heads, display modules and clocks.
Alfeu Doria, general manager of YFVES said, "We are greatly honored to receive this award and are proud to be recognized as a strategic partner of SGM. The award strongly demonstrates our commitment to excellence. We will continue to provide quality products and outstanding service for our customers to further strengthen our position as a supplier of choice."
Established in December 1994 and located in the Shanghai Songjiang Economic Development Zone, YFVES is a successful joint venture between Visteon Corporation and Yanfeng Visteon Trim Systems Co., Ltd. In 2007, YFVES expanded its plant and storage facilities by 2,000 square meters to enhance its production capabilities to meet customer demands. YFVES supplies driver information systems, audio entertainment systems, climate control systems and other electronic control modules to both local and international customers. Its main export markets include the United States, Canada, Japan and Europe.
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 26 countries and employs approximately 41,500 people.
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