Visteon Posts Second-Quarter Profit

Truck and automobile parts maker Visteon Corp. posted second-quarter net income of $26 million, or 50 cents a share, turning around a loss of $201 million, or $1.55 per share, a year ago.

Sales rose to $2.18 billion, from $1.89 billion.

Visteon said that Asia accounted for 41% of sales, Europe 37%, North America, 15% and South America, 7%.