VAN BUREN TOWNSHIP, Mich. -- Visteon today announced that one of its subsidiaries in the United Kingdom, Visteon U.K. Ltd., has filed for administration with the U.K. High Court under the Insolvency Act 1986.

The administration order places Visteon U.K. Ltd. under the control of court-appointed administrators from KPMG. Visteon U.K. Ltd. includes plants in Basildon, Belfast and Enfield. Employing approximately 600 people, the plants manufacture automotive interiors, climate and powertrain components.

No other Visteon operations are included or impacted by this action, including the Visteon Engineering Services Ltd. subsidiary, which employs approximately 400 people at Visteon's UK customer and technology centers.

"Visteon is committed to taking decisive actions in view of the current challenging operating environment to protect the long-term viability of the business," said Donald Stebbins, chairman and chief executive officer of Visteon Corp. "Despite extensive restructuring efforts, the U.K. plants have continued to incur substantial losses. Regrettably, having exhausted all options, the Visteon U.K. Ltd. board of directors had no alternative but to file for administration."

Stebbins added, "Addressing the unfavorable financial performance of our U.K. manufacturing operations is an important step in positioning the company for future success. Visteon maintains strong engineering, development and services capabilities in the U.K., and continues to serve global vehicle manufacturers through our broad manufacturing and engineering resources throughout Europe."