Visteon Corp. supplies automotive systems, modules, and components to vehicle manufacturers and the aftermarket industries. The company manufactures products such as climate control systems, electronics, interiors, and lighting. The company reported its results for the second quarter of 2022, beating analyst expectations on both earnings and revenue figures.
The company generates a siginificant portion of its revenue out of China, and despite the country battling the COVID-19 pandemic, demand for Visteon's goods and services has not decreased. Its involvement in the Chinese automotive sector is the reason why Visteon Corp. is included in eToro's ChinaCar Smart Portfolio. This portfolio allocates capital to companies that comprise a crucial segment of the Chinese automotive industry, generating profits out of the region.