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Need to Know: Vaccine benchmarks, microchip pain and more from the week in review


Need to Know: Vaccine benchmarks, microchip pain and more from the week in review
Michigan Governor s Office
Robert Gordon quit as Michigan health director in January on the same day he signed an order allowing restaurants to reopen for indoor dining after a monthslong shutdown following a resurgence of COVID-19.
WHITMER OUTLINES VACCINE BENCHMARKS
THE NEWS: Gov. Gretchen Whitmer on Thursday announced a plan to tie the lifting of coronavirus pandemic restrictions to Michigan s vaccination rate, meaning in-office work restrictions are likely to ease before the end of May. Under the MI Vacc to Normal plan, all workers can go to their office two weeks after at least 55 percent of the 16-plus population has one shot a rate state officials expect to reach by the end of this week, meaning this first step could be reached before the end of May. After a 70 percent vaccination rate, or approximately 5.67 million adults, the state health department s broad gatherings and ....

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Visteon reports increased sales in Q4, finishes year with a loss


Visteon reports increased sales in Q4, finishes year with a loss
Supplier reports net loss of $56 million in 2020
Visteon expects sales to increase in 2021 with 50 new products
Visteon is headquartered in Van Buren Township.
Van Buren Township-based auto supplier Visteon Corp. reported increased sales for the fourth quarter of 2020, but declining margins.
Revenue rose 5.8 percent during the quarter to $787 million, compared to $744 million during the same quarter in 2019. However, income dropped nearly 50 percent to $18 million from $35 million during that period. Gross margins sank from 14 percent in the fourth quarter of 2019 to 11.3 percent in Q4 2020.
Production of the company s top customers decreased 2 percent in the quarter, Visteon said in a Thursday news release. ....

Sachin Lawande , Visteon Corp , Van Buren Township Based , வேன் ப்யூரன் டவுன்ஷிப் அடிப்படையிலானது ,