EXHIBIT 99.1


                                  RISK FACTORS

         Visteon Corporation hereby avails itself of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.

         Visteon may, from time to time, make forward-looking statements,
including statements projecting, forecasting or estimating company performance
and industry trends. Visteon's forward-looking statements are not guarantees of
future results and conditions but rather are subject to risks and uncertainties,
including the following:

         o        Weak economic conditions in the United States, resulting in
                  the current, cyclical decline in the vehicle production rate.

         o        Changes in the operations (including products, product
                  planning and part sourcing), financial condition, results of
                  operations or market share of Visteon's customers,
                  particularly its largest customer, Ford Motor Company, which
                  is undergoing a comprehensive "revitalization plan."

         o        Visteon's ability to increase sales to customers other than
                  Ford; to maintain current business with, and to win future
                  business from, Ford; to generate cost savings to offset agreed
                  upon price reductions or price reductions to win additional
                  business and, in general, to maintain and improve its
                  operating performance; to recover engineering and tooling
                  costs; to streamline and focus its product portfolio; to
                  sustain technological competitiveness; to compete favorably
                  with automotive parts suppliers with lower cost structures and
                  greater ability to rationalize operations; and to exit
                  non-performing businesses on satisfactory terms, particularly
                  due to limited flexibility under existing labor agreements.

         o        Significant changes in the competitive environment in the
                  major markets where Visteon procures materials, components or
                  supplies or where its products are manufactured, distributed
                  or sold, including the implementation of Internet-based
                  purchasing initiatives.

         o        Legal and administrative proceedings, investigations and
                  claims, including product liability, warranty, environmental
                  and safety claims, and any recalls of products manufactured or
                  sold by Visteon.

         o        Changes in economic conditions, currency exchange rates or
                  political stability in foreign countries where Visteon
                  procures materials, components or supplies or where its
                  products are manufactured, distributed or sold.

         o        Shortages of materials or interruptions in transportation
                  systems, labor strikes, work stoppages or other interruptions
                  to or difficulties in the employment of labor in the major
                  markets where Visteon purchases materials, components or
                  supplies to manufacture its products or where its products are
                  manufactured, distributed or sold.







         o        Changes in laws, regulations, policies or other activities of
                  governments, agencies and similar organizations, domestic and
                  foreign, that may tax or otherwise increase the cost of, or
                  otherwise affect, the manufacture, licensing, distribution,
                  sale, ownership or use of Visteon's products or assets.

         o        Visteon's access to financial resources sufficient in order to
                  make payments related to pensions and other postretirement
                  employee benefits, retirement of outstanding debt and other
                  contractual commitments, all at the levels and at the times
                  planned by management.

         o        Possible terrorist attacks or acts of war, which could
                  exacerbate other risks such as slowed vehicle production or
                  interruptions in the transportation system, or fuel prices and
                  supply.

         o        Other risks and uncertainties detailed from time to time in
                  Visteon's Securities and Exchange Commission filings.

         These risks and uncertainties are not the only ones facing Visteon.
Additional risks and uncertainties not presently known to Visteon or currently
believed to be immaterial also may adversely affect Visteon's business. Any
risks and uncertainties that develop into actual events could have material
adverse effects on Visteon's business, financial condition and results of
operations. For these reasons, do not place undue reliance on forward-looking
statements.