Visteon Offers Employees a $1,000 Bonus if They Buy a Ford
An effort to help Ford Motor Co.'s Ford brand win a tight sales race against Chevrolet could cost financially strapped auto parts maker Visteon Corp. more than $8 million, according to the Detroit News on November 4.
An effort to help Ford Motor Co.'s Ford brand win a tight sales race against Chevrolet could cost financially strapped auto parts maker Visteon Corp. more than $8 million, according to the Detroit News on November 4. Visteon CEO Michael Johnston e-mailed the supplier's approximately 8,100 U.S. salaried workers offering them a $1,000 cash bonus on top of their existing employee discounts if they buy or lease a 2004 Ford, Lincoln, Mercury, or Mazda model. The offer begins today and runs through Dec. 31. Visteon employees who take advantage of the deal will receive the $1,000, minus applicable taxes, in their paycheck. The offer follows recent moves by Ford and Chrysler to entice workers and their family and friends to purchase more vehicles through employee discount programs. Last week, Ford informed more than 200,000 employees and retirees that they can now share special discounts with six people, up from four. The Ford and Visteon employee discount is 4 percent below the invoice price dealers pay for a vehicle. DaimlerChrysler AG's Chrysler Group also gave its workers an additional vehicle discount to pass out to friends. Delphi Corp. launched a similar employee discount arrangement with GM a year ago. Employees receive vouchers they can redeem for additional company discounts, said Delphi spokeswoman Luce Rubio. The program will be extended for another year, starting today. The note to Visteon employees followed a rally at the supplier's new Van Buren Township headquarters, where Johnston and Ford Executive Vice President Greg Smith formally announced the offer - called the One Grand Plan. "This program ... is aimed at helping Ford sell more vehicles than Chevrolet for the 2004 calendar year," Johnston said in the memo, which was obtained by the Detroit News. "It's a great way for Visteon employees to show their support for our largest customer and benefit from outstanding savings." Visteon will pay for the cost of the bonuses, said company spokesman Jim Fisher. "We have a lot of content in Ford vehicles," he said. "If Ford vehicles sell, it's good for Visteon."
More Operations

What Your Fleet KPIs Aren’t Telling You
Tracking fleet metrics is only useful when the data leads to better decisions. This guide helps fleet leaders assess cost, utilization, and downtime more accurately, identify performance gaps, and prioritize the actions that can improve operational results.
Read More →
Hidden in Plain Sight: Fleet Compliance Risks
Fleet compliance isn't just about having policies — it's about consistently enforcing them. This practical guide reveals six hidden compliance risks common in public sector and shared fleet operations and outlines proven strategies to improve visibility, accountability, and audit readiness
Read More →
Turning Fleet Payment Data into Executive Insights
Does data alone drive results in operations?
Read More →
Automotive Fleet Opens 2026 Personal Use Survey for Commercial Fleet Managers
Commercial and corporate fleet managers are invited to share how their organizations handle company vehicle personal-use policies, charges, and driver eligibility.
Read More →
Gary Van Orden Retires After Nearly Four Decades in Commercial Fleet
From answering customer calls at Ford Motor Company to leading fleet sales across multiple OEMs and a fleet management company, Gary Van Orden's career reflects nearly four decades of leadership in commercial fleet.
Read More →
How Stellantis Plans to Get Ahead of Fleet Downtime
Vehicle acquisition may grab the headlines, but fleet uptime increasingly determines operating success. Darren Bradshaw of Mopar North America gives the details.
Read More →
Hyundai Releases 2027 Commercial Program Incentives
The 2027 Model Year "Fleet Street Incentives" are available to commercial and government fleets.
Read More →
It's All Downhill from Here! Fleet Industry Raises $22,000 for Skilled Trades Scholarships
Work Truck’s Lauren Fletcher and Automotive Fleet’s Chris Brown turned a friendly racing rivalry into $22,000 for automotive technology and skilled trades scholarships.
Read More →The Top 300 Commercial Fleets
The Top 300 Commercial Fleets: See the List
Read More →

