SECURITIES AND EXCHANGE COMMISSION

                             Washington, D. C. 20549





                                    FORM 8-K

                                 CURRENT REPORT




                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                         Date of Report January 10, 2003
                                        ----------------
                        (Date of earliest event reported)


                               VISTEON CORPORATION
                               -------------------
             (Exact name of registrant as specified in its charter)


                                                                          
                 Delaware                                  1-15827                           38-3519512
                 --------                                  -------                           ----------
(State or other jurisdiction of incorporation)     (Commission File Number)      (IRS Employer Identification No.)


 17000 Rotunda Drive, Dearborn, Michigan                                                       48120
-----------------------------------------                                                    ---------
 (Address of principal executive offices)                                                     (Zip Code)




        Registrant's telephone number, including area code (800)-VISTEON
                                                           --------------









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ITEM 5.   OTHER EVENTS.

         On January 10, 2003, we issued a press release reporting that our Board
of Directors had declared a cash dividend. The press release, filed as Exhibit
99.1 to this Current Report on Form 8-K, is incorporated herein by this
reference.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

Exhibit No.                Description
99.1                       Press release dated January 10, 2003





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SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                            VISTEON CORPORATION




Date:  January 10, 2003                     By:   /s/Stacy L. Fox
                                                --------------------------------
                                                  Stacy L. Fox
                                                  Senior Vice President,
                                                  General Counsel and Secretary










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                                  EXHIBIT INDEX



Exhibit No.                       Description                         Page

Exhibit 99.1               Press Release dated
                           January 10, 2003