Sedan and Hatchback AVN Sales

Sedan and Hatchback AVN Sales Market Outlook

The global AVN (Audio, Video, Navigation) systems market for sedans and hatchbacks is projected to reach approximately USD 29 billion by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of around 8.5% during the forecast period of 2025-2035. The growing demand for advanced infotainment systems, coupled with the rising integration of smartphone connectivity features and navigation systems, significantly drives market growth. Furthermore, the shift towards electric and hybrid vehicles, along with increased consumer interest in enhanced driving experiences, has paved the way for the incorporation of sophisticated AVN systems into sedans and hatchbacks. The continuous technological advancements in connectivity, such as 5G, are expected to propel market expansion, leading to a more connected and interactive user experience. Additionally, the rising awareness regarding vehicle safety and driver assistance technology is fueling the demand for integrated AVN systems that feature real-time traffic updates and route optimization.

Growth Factor of the Market

Several growth factors are influencing the AVN systems market for sedans and hatchbacks. First, the increasing demand for user-friendly infotainment systems has become a significant driver, as consumers prioritize seamless connectivity and entertainment options during their travel. Second, the rapid advancement of technology, particularly in the areas of artificial intelligence and machine learning, is transforming AVN systems into intelligent platforms capable of learning user preferences, thereby enhancing the overall driving experience. Third, the rising disposable income in emerging economies has led to a surge in vehicle ownership, consequently increasing the demand for advanced in-car technologies. Additionally, the emphasis on safety and regulatory compliance, along with the growing focus on reducing driver distraction, has prompted automotive manufacturers to incorporate sophisticated navigation and audio-visual systems. Lastly, partnerships between technology companies and automotive manufacturers are paving the way for innovative solutions, fostering competitive advantages in this rapidly evolving market.

Key Highlights of the Market

• Projected growth at a CAGR of 8.5% from 2025 to 2035.
• Emergence of touchscreen-based AVN systems as a dominant trend.
• Significant investments in R&D for enhanced connectivity features.
• Integration of advanced safety features and driver assistance technologies.
• Growing popularity of electric vehicles boosting demand for AVN systems.

By System Type

Audio System:

The audio system segment is a critical component of AVN systems in sedans and hatchbacks, focusing primarily on delivering high-quality sound experiences. With advancements in audio technology, manufacturers are now integrating premium sound systems from renowned brands to enhance audio fidelity and user satisfaction. The trend towards personalized audio experiences has further propelled the demand for customizable audio settings, enabling users to adjust sound profiles based on their preferences. Furthermore, the incorporation of digital signal processing and multi-channel setups allows for an immersive listening experience. The rise of streaming services has also influenced consumer preferences, leading to the integration of smartphone connectivity options. As audio systems evolve, their ability to connect with various devices via Bluetooth, USB, and auxiliary inputs has become essential, ensuring users can easily access their favorite music and podcasts on-the-go.

Navigation System:

The navigation system segment plays a pivotal role in enhancing the driving experience by providing accurate and real-time navigation assistance. As traffic conditions become increasingly complex, the demand for advanced navigation systems that offer real-time traffic updates and route optimization has surged. Modern navigation systems are equipped with features such as voice recognition, 3D maps, and adaptive routing, which are crucial for improving overall journey efficiency. Additionally, the integration of satellite navigation and GPS technology has significantly improved positioning accuracy, allowing drivers to navigate unfamiliar territories with confidence. The incorporation of augmented reality features is also gaining traction, enabling users to visualize routes and landmarks more intuitively. As more users prioritize convenience and functionality, the demand for sophisticated navigation systems within AVN setups continues to grow.

Video System:

The video system segment is witnessing a substantial transformation due to the increasing consumer demand for enhanced entertainment options in vehicles. Modern AVN systems are now equipped with high-definition displays that support various multimedia formats, ensuring a rich viewing experience for both drivers and passengers. Video systems often include features such as rear-seat entertainment, allowing passengers to enjoy movies and shows during long journeys. Moreover, the integration of cameras for safety features, such as rearview cameras and 360-degree camera systems, has become commonplace. These systems not only improve driving safety but also enhance the overall user experience by providing additional functionality. The proliferation of video streaming services has further fueled demand, as users seek to access their favorite content while on the move, making advanced video systems an integral part of modern AVN setups.

By Vehicle Type

Sedan:

Sedans comprise a significant portion of the AVN sales market, characterized by a strong preference for advanced infotainment systems among consumers. The compact nature of sedans allows for easy integration of cutting-edge AVN technologies, making them ideal for manufacturers looking to appeal to tech-savvy buyers. Furthermore, the growing trend of urbanization has driven demand for sedans with efficient navigation systems that facilitate easier commuting in congested city environments. The addition of premium audio systems in sedans has also become prevalent, as consumers seek enhanced entertainment options during their daily drives. As the market shifts toward electric and hybrid versions of sedans, AVN systems are being equipped with features that promote eco-friendly driving habits and energy-efficient routes, further solidifying their importance in the vehicle type category.

Hatchback:

The hatchback segment represents a dynamic market for AVN systems, attracting a diverse consumer base that values practicality and technology. Hatchbacks' compact size and versatile interior make them suitable for incorporating advanced AVN functionalities, catering to a growing demand for connectivity and entertainment. The increasing trend of younger consumers opting for hatchbacks, driven by affordability and fuel efficiency, has led to a surge in demand for feature-rich AVN systems that enhance the driving experience. Additionally, hatchbacks are often equipped with advanced navigation systems that focus on urban driving conditions, providing users with real-time traffic updates and route planning. The growing trend of integrating smartphone applications within hatchback AVN systems has further solidified their appeal, allowing users to access their favorite apps and entertainment seamlessly.

SUV:

The SUV segment is witnessing a notable increase in AVN system installations, driven by consumer preferences for spacious interiors and advanced technology. With the rise of family-oriented vehicles, SUVs are increasingly being equipped with comprehensive AVN systems that cater to the entertainment needs of all passengers. The demand for high-quality audio systems and advanced video features has surged, allowing families to enjoy longer journeys with ease. Additionally, navigation systems in SUVs are designed to accommodate varying terrains, offering features that assist drivers in off-road conditions. As the market evolves, the integration of connectivity features, such as Wi-Fi hotspots and app-based navigation, is becoming standard, enhancing the overall driving experience for SUV owners. The increasing popularity of SUVs in emerging markets further propels the demand for sophisticated AVN systems tailored to this vehicle type.

Luxury Vehicles:

The luxury vehicle segment showcases the highest demand for advanced AVN systems, with manufacturers investing heavily in cutting-edge technologies to appeal to affluent consumers. High-end audio systems, featuring premium sound quality and advanced acoustics, are a common inclusion in luxury vehicles, providing an unparalleled audio experience. Additionally, navigation systems in luxury vehicles are often enhanced with premium features such as 3D mapping, real-time traffic analysis, and concierge services. The integration of advanced driver-assistance systems (ADAS) alongside AVN functionalities is also becoming prevalent, promoting safety and comfort for luxury vehicle owners. As the luxury market increasingly emphasizes personalization, AVN systems are being tailored to individual preferences, allowing users to customize audio settings, navigation routes, and entertainment options according to their needs.

Others:

The "Others" segment encompasses various vehicle types that do not fall under the traditional categories of sedans, hatchbacks, SUVs, or luxury vehicles. This segment includes commercial vehicles, vans, and electric scooters, among others. With the increasing incorporation of AVN systems in commercial vehicles, such as delivery vans and buses, the demand for navigation and fleet management solutions has surged. These systems often focus on optimizing routes and improving operational efficiency for businesses. Additionally, electric scooters and bikes are now integrating basic AVN functionalities to promote connectivity and convenience for users. As the market for alternative transportation solutions continues to grow, the demand for AVN systems tailored to these vehicle types is expected to increase, driven by technological advancements and changing consumer preferences.

By Sales Channel

OEMs:

The OEM (Original Equipment Manufacturer) sales channel represents a substantial portion of the AVN systems market, characterized by vehicle manufacturers integrating AVN technologies directly into their vehicles during production. This channel ensures that the latest AVN technologies are available to consumers right from the point of purchase, enhancing the overall customer experience. As manufacturers compete to offer superior infotainment systems, the integration of features such as advanced audio systems, navigation, and connectivity options has become a standard expectation for new vehicles. OEMs are also increasingly collaborating with technology companies to develop proprietary AVN solutions that differentiate their offerings in the market. This trend has resulted in a more streamlined user experience, as AVN systems are designed to work seamlessly with the vehicle's overall architecture. The OEM channel is expected to continue growing as consumers increasingly prioritize modern technology and connectivity in their vehicle purchases.

Aftermarket:

The aftermarket sales channel has gained traction as consumers seek to upgrade their existing vehicles with advanced AVN systems. This segment allows users to customize their vehicles according to their preferences, particularly in terms of audio and entertainment features. The rise of e-commerce and online retail has made it easier for consumers to access a wide range of aftermarket AVN solutions, ranging from audio upgrades to full infotainment systems. Additionally, the aftermarket channel provides consumers with the flexibility to choose from various brands and price points, catering to diverse budgets and needs. As car owners become more tech-savvy, the demand for aftermarket installations that enhance the functionality and aesthetic appeal of vehicles is expected to grow. This trend is further supported by the increasing availability of professional installation services that ensure seamless integration of aftermarket AVN systems.

By Display Type

Touchscreen Display:

The touchscreen display segment is dominating the AVN systems market, driven by the growing consumer preference for user-friendly interfaces. Touchscreen displays provide intuitive controls, allowing users to easily navigate through various features such as audio settings, navigation options, and connectivity services. The incorporation of multi-touch capabilities has further enhanced user interaction, enabling gestures such as pinch-to-zoom and swipe functions. Additionally, touchscreen displays can be integrated with smartphone applications, allowing for seamless mirroring of mobile content. The trend towards larger screens with high-resolution displays is also gaining traction, as consumers increasingly expect a premium visual experience. As the automotive industry continues to embrace digital transformation, touchscreen displays are becoming standard in modern AVN systems, providing a competitive edge to manufacturers that prioritize user experience.

LCD Display:

The LCD display segment remains a notable player in the AVN systems market, offering reliable and cost-effective solutions for vehicle infotainment. LCD displays are characterized by their brightness and clarity, making them suitable for various lighting conditions within vehicles. These displays are often utilized in conjunction with other system types, providing essential information related to navigation and audio settings. While LCD technology may not offer the same level of interactivity as touchscreen displays, it provides a user-friendly interface that is still effective for drivers seeking essential functionalities. The affordability of LCD displays makes them an attractive option for OEMs aiming to provide a balanced offering that meets consumer expectations without significantly increasing vehicle costs. As technology continues to evolve, the role of LCD displays in AVN systems will adapt to meet the demands of consumers seeking reliable and functional infotainment solutions.

OLED Display:

The OLED (Organic Light Emitting Diode) display segment is gradually gaining traction in the AVN systems market, driven by its superior visual quality and energy efficiency. OLED displays offer vibrant colors, deep blacks, and high contrast ratios, enhancing the overall viewing experience for users. The flexibility of OLED technology allows for innovative designs, enabling manufacturers to create curved or ultra-thin displays that seamlessly integrate into vehicle interiors. As consumers increasingly prioritize aesthetics and visual performance, the demand for OLED displays in AVN systems is expected to rise. Additionally, OLED displays consume less power compared to traditional LCDs, making them an attractive option for electric and hybrid vehicles aiming to maximize energy efficiency. The ongoing advancements in OLED technology are likely to further enhance its adoption in the automotive sector, providing a competitive edge for manufacturers that embrace this innovative display solution.

By Region

The North American AVN systems market is anticipated to experience significant growth, driven by the high adoption rate of advanced technology in vehicles and the increasing consumer preference for connected infotainment features. With a booming automotive industry and a strong presence of leading manufacturers, North America is poised to dominate the AVN systems market. The region is expected to witness a CAGR of around 7.8% during the forecast period, fueled by trends such as the rise of electric vehicles and advancements in autonomous driving technologies. Additionally, the growing demand for smartphone connectivity and integration features is further propelling the adoption of sophisticated AVN systems in the region, making it a key player in the global market.

In Europe, the AVN systems market is characterized by a strong focus on technological innovation and regulatory compliance. The region is home to numerous automotive manufacturers who prioritize the integration of advanced infotainment systems to meet evolving consumer demands. The increasing emphasis on sustainability and environmental consciousness has led to a rise in electric vehicle adoption, consequently boosting the demand for enhanced AVN systems that optimize the driving experience. The European market is projected to grow at a CAGR of approximately 8.2%, driven by technological advancements in connectivity and navigation systems. Furthermore, the region's robust automotive supply chain and investment in research and development are poised to support the ongoing evolution of AVN technologies, solidifying its position within the global market.

Opportunities

As the demand for advanced AVN systems continues to grow, numerous opportunities are emerging within the market landscape. One of the most significant opportunities lies in the integration of artificial intelligence (AI) and machine learning technologies into AVN systems. By leveraging AI, manufacturers can enhance user experiences through personalized recommendations for navigation routes, music preferences, and even driving habits. The ability to analyze user behavior and preferences opens the door for innovative features that cater to individual needs, thereby increasing consumer satisfaction and loyalty. Additionally, the rising trend of smart cities and connected infrastructure presents further opportunities for AVN systems to provide real-time information and services to drivers, improving overall travel efficiency and safety. As urbanization continues to rise, the demand for AVN systems that seamlessly integrate with city infrastructure is expected to increase, creating a wealth of opportunities for manufacturers.

Another notable opportunity is the growing interest in electric and hybrid vehicles, which presents a unique market for AVN system developers. With the increasing adoption of electric vehicles, manufacturers are looking to enhance the driving experience with features that promote energy efficiency and sustainability. This includes the integration of navigation systems that optimize routes based on charging station availability and driving conditions. Additionally, as consumers become more environmentally conscious, there is a growing demand for AVN systems that provide information on eco-friendly driving practices and energy consumption. Manufacturers who can effectively tailor their AVN solutions to meet the demands of electric and hybrid vehicle owners stand to gain a competitive advantage in the market, capitalizing on the ongoing transition towards sustainable transportation options.

Threats

Despite the promising growth of the AVN systems market, several threats could potentially hinder its progress. One of the most significant threats comes from rapidly evolving technology, which places immense pressure on manufacturers to continuously innovate and adapt their products to meet consumer expectations. As new advancements emerge, companies that fail to keep pace may find themselves at a competitive disadvantage. Additionally, the increasing prevalence of smartphone integration and app-based solutions brings forth the challenge of ensuring that in-car AVN systems remain relevant and appealing to consumers. The competition from smartphone manufacturers, who offer advanced navigation and entertainment features, can pose a significant threat to traditional AVN system developers.

Another key threat facing the market is the growing concern over data privacy and cybersecurity, particularly as vehicles become increasingly connected. As AVN systems often require access to personal data and location information, there are rising concerns about the security of this data and the potential for breaches. Consumers are becoming more discerning regarding the technologies they adopt, and any significant security incidents could lead to decreased trust in AVN systems. Manufacturers must prioritize robust security measures and transparent data handling practices to alleviate consumer concerns and foster trust in the continued adoption of AVN technologies.

Competitor Outlook

• Pioneer Corporation
• Panasonic Corporation
• Clarion Co., Ltd.
• Harman International (a subsidiary of Samsung Electronics)
• Alpine Electronics, Inc.
• Continental AG
• Bosch Automotive
• Siemens AG
• JVC Kenwood Corporation
• Denso Corporation
• NavNGo Kft. (NaviGate)
• TomTom N.V.
• Garmin Ltd.
• Magellan Navigation, Inc.
• Visteon Corporation

The competitive landscape of the AVN systems market for sedans and hatchbacks is characterized by the presence of several key players, each striving to innovate and differentiate their offerings. Leading companies such as Pioneer and Harman International are at the forefront of technological advancements, developing state-of-the-art audio, navigation, and video solutions that cater to the evolving preferences of consumers. These companies leverage their expertise in audio engineering and technology integration to create comprehensive AVN systems that provide an unparalleled user experience. The competition among these manufacturers is intense, with a strong focus on integrating advanced connectivity features, such as Apple CarPlay and Android Auto, to enhance usability and appeal to tech-savvy consumers.

Furthermore, companies like Bosch and Continental AG play a significant role in the automotive landscape, providing a wide range of AVN solutions that incorporate advanced driver-assistance systems (ADAS) and connectivity features. Their commitment to research and development ensures that they remain competitive in a rapidly evolving market. Additionally, they have formed strategic partnerships with automotive manufacturers to deliver tailored AVN solutions that meet specific consumer needs, further solidifying their positions within the industry. As the market landscape continues to evolve, these companies are likely to maintain their competitive edge by focusing on innovation, quality, and customer satisfaction.

In addition to established players, newcomers and niche companies are entering the AVN systems market, contributing to the overall competitive dynamics. These companies often focus on developing specialized solutions that cater to specific segments of the market, such as electric vehicles or smart transportation systems. The entry of these players fosters a culture of innovation, driving established companies to continuously evolve their offerings. As consumer preferences shift toward more integrated, user-friendly AVN systems, the competitive landscape will likely witness greater collaboration among technology firms, automotive manufacturers, and software developers, leading to the emergence of new and innovative solutions in the market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Siemens AG
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Garmin Ltd.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 TomTom N.V.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Continental AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Bosch Automotive
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Clarion Co., Ltd.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Denso Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Pioneer Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Visteon Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Panasonic Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 NavNGo Kft. (NaviGate)
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 JVC Kenwood Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Alpine Electronics, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Magellan Navigation, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Harman International (a subsidiary of Samsung Electronics)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Sedan and Hatchback AVN Sales Market, By System Type
    • 6.1.1 Audio System
    • 6.1.2 Navigation System
    • 6.1.3 Video System
  • 6.2 Sedan and Hatchback AVN Sales Market, By Display Type
    • 6.2.1 Touchscreen Display
    • 6.2.2 LCD Display
    • 6.2.3 OLED Display
    • 6.2.4 Others
  • 6.3 Sedan and Hatchback AVN Sales Market, By Vehicle Type
    • 6.3.1 Sedan
    • 6.3.2 Hatchback
    • 6.3.3 SUV
    • 6.3.4 Luxury Vehicles
    • 6.3.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Sedan and Hatchback AVN Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Sedan and Hatchback AVN Sales market is categorized based on

By System Type

• Audio System
• Navigation System
• Video System

By Vehicle Type

• Sedan
• Hatchback
• SUV
• Luxury Vehicles
• Others

By Display Type

• Touchscreen Display
• LCD Display
• OLED Display
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Pioneer Corporation
• Panasonic Corporation
• Clarion Co., Ltd.
• Harman International (a subsidiary of Samsung Electronics)
• Alpine Electronics, Inc.
• Continental AG
• Bosch Automotive
• Siemens AG
• JVC Kenwood Corporation
• Denso Corporation
• NavNGo Kft. (NaviGate)
• TomTom N.V.
• Garmin Ltd.
• Magellan Navigation, Inc.
• Visteon Corporation