Sec Form 4 Filing - PLAINFIELD ASSET MANAGEMENT LLC @ VISTEON CORP - 2010-07-29

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person PLAINFIELD ASSET MANAGEMENT LLC 2. Issuer Name and Ticker or Trading Symbol VISTEON CORP [ VSTNQ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) See Footnotes (1)(2)(3) (Last) (First) (Middle) 333 LUDLOW STREET, 3. Date of Earliest Transaction (MM/DD/YY) 07/29/2010 (Street) STAMFORD, CT06902 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $1.00 07/29/2010 J( 1 ) 45,125 D $ 0 ( 1 ) 2,015,001 ( 1 ) I ( 1 ) ( 2 ) ( 3 ) By Plainfield Liquid Strategies Master Fund Limited ( 1 ) ( 2 ) ( 3 ) Common Stock, par value $1.00 07/29/2010 J( 1 ) 2,626 A $ 0 ( 1 ) 2,015,001 ( 1 ) I ( 1 ) ( 2 ) ( 3 ) By Max Holmes ( 1 ) ( 2 ) ( 3 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other PLAINFIELD ASSET MANAGEMENT LLC 333 LUDLOW STREET STAMFORD, CT06902 See Footnotes (1)(2)(3) Plainfield Special Situations Master Fund II Ltd C/O PLAINFIELD ASSET MANAGEMENT LLC 333 LUDLOW STREET STAMFORD, CT06902 See Footnotes (1)(2)(3) Plainfield OC Master Fund Ltd C/O PLAINFIELD ASSET MANAGEMENT LLC 333 LUDLOW STREET STAMFORD, CT06902 See Footnotes (1)(2)(3) Plainfield Liquid Strategies Master Fund Ltd C/O PLAINFIELD ASSET MANAGEMENT LLC 333 LUDLOW STREET STAMFORD, CT06902 See Footnotes (1)(2)(3) HOLMES MAX C/O PLAINFIELD ASSET MANAGEMENT LLC 333 LUDLOW STREET STAMFORD, CT06902 See Footnotes (1)(2)(3) Signatures /s/ Thomas X. Fritsch PLAINFIELD SPECIAL SITUATIONS MASTER FUND II LIMITED Authorized Individual 08/02/2010 Signature of Reporting Person Date /s/ Thomas X. Fritsch PLAINFIELD OC MASTER FUND LIMITED Authorized Individual 08/02/2010 Signature of Reporting Person Date /s/ Thomas X. Fritsch PLAINFIELD LIQUID STRATEGIES MASTER FUND LIMITED Authorized Individual 08/02/2010 Signature of Reporting Person Date /s/ Thomas X. Fritsch PLAINFIELD ASSET MANAGEMENT LLC Managing Director and General Counsel 08/02/2010 Signature of Reporting Person Date /s/ Thomas X. Fritsch MAX HOLMES Attorney-in-Fact*** 08/02/2010 Signature of Reporting Person Date

Explanation of Responses:

( 1 )See Exhibit 99.1 ( 2 )See Exhibit 99.1 ( 3 )See Exhibit 99.1

Remarks: * Duly authorized pursuant to Limited Power of Attorney, dated February 1, 2007, by and on behalf of Max Holmes, appointing Thomas X. Fritsch as his attorney-in-fact, attached as Exhibit 24 to that certain Form 3 with respect to Visteon Corporation, filed by the Reporting Persons on May 4, 2010.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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