EXHIBIT 99.1

VIASYSTEMS


NEWS COPY                                            INFORMATION CONTACT:
                                                     John S. Hastings
FOR IMMEDIATE RELEASE                                (314) 719-1831


 VIASYSTEMS GROUP, INC. OBTAINS OVERWHELMING SUPPORT FOR PLAN OF REORGANIZATION


ST. LOUIS, OCTOBER 2, 2002 - Viasystems Group, Inc. today announced that it has
filed a voluntary petition for reorganization under Chapter 11 of the U.S.
Bankruptcy Code in order to achieve final approval for the company's
recapitalization. The prepackaged filing was made in the U.S. Bankruptcy Court
for the Southern District of New York. Terms of the recapitalization were
disclosed in the company's disclosure statement filed with the Securities and
Exchange Commission on September 3, 2002.

The recapitalization will involve the exchange of approximately $740 million of
Viasystems' debt into common and preferred stock. Upon completion of the
restructuring, Viasystems' debt, net of cash, will decline from approximately
$1.1 billion to approximately $380 million and interest will be reduced by
approximately $70 million annually.

Viasystems has received sufficient votes in favor of the restructuring plan to
meet the requirements of the Bankruptcy Code for confirmation of the plan. Votes
to accept the restructuring plan were tendered by holders of approximately 87%
of Viasystems senior secured debt, holders of 100% of Viasystems' 14% Senior
Notes and holders of approximately 77% of Viasystems' 9.75% Senior Subordinated
Notes.

Viasystems will continue business as usual through its operating subsidiaries,
which will not be party to the reorganization proceeding. Consequently, it is
anticipated that customers, employees and suppliers will not be affected by the
restructuring.

           "With this filing, Viasystems is well on its way to recapitalizing
its balance sheet," said CEO David M. Sindelar. "Customers have long recognized
the value of our global footprint and low-cost, vertically integrated business
model. With a balance sheet that is more reflective of today's business
environment, Viasystems will be in a better position to help our customers gain
a competitive advantage."


Under the terms of the restructuring, Viasystems' senior secured bank debt will
be reduced to approximately $450 million ($370 million net of estimated cash)
through repayments from $77.4 million in proceeds from sales of senior
convertible preferred stock and common stock representing in the aggregate up to
23.5% of the company's fully diluted common stock (excluding a management
incentive plan and warrants issued pursuant to the plan). Viasystems' 14% Senior
Notes will be exchanged for junior preferred stock with a liquidation preference
of $120.1 million and 6.3% of the company's common stock, determined on a fully
diluted basis (excluding a management incentive plan and warrants issued
pursuant to the plan). Viasystems' 9.75% Senior Subordinated Notes will be
exchanged for up to 70.2% of the company's common stock, determined on a fully
diluted basis (excluding a management incentive plan and warrants issued
pursuant to the plan). Subject to approval of the plan by the general unsecured
creditors of Viasystems Group, Inc., such creditors will receive in exchange for
their claims warrants to purchase 0.6% of the company's common stock, determined
on a fully diluted basis, and the holders of Viasystems' existing Series B
Preferred Stock will receive warrants to purchase 5.4% of the company's common
stock, determined on a fully diluted basis (in each case excluding a management
incentive plan). The exercise price of the warrants will be based on a $1.15
billion total enterprise value. Viasystems' existing common stock, options and
warrants will be cancelled and will not receive any distribution in the
restructuring.

Viasystems has secured commitments from its senior lenders for $37.5 million of
working capital financing that will be available during the reorganization
proceeding. Upon completion of the recapitalization, Viasystems will have a cash
balance of approximately $80 million and a new revolving credit facility of up
to $62 million.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements as defined by the federal
securities laws, and these statements are based upon Viasystems' current
expectations and assumptions, which are inherently subject to various risks and
uncertainties that could cause actual results to differ from those anticipated,
projected, or implied. Certain factors that could cause actual results to differ
include any unanticipated difficulties in consummating the plan of
restructuring, fluctuations in operating results and customer orders, a
competitive environment, reliance on large customers, risks associated with
international operations, ability to protect patents and trade secrets,
environmental laws and regulations, relationship with unionized employees, risks
associated with acquisitions, substantial indebtedness, control by large
stockholders and other factors described in Viasystems' filings with the
Securities and Exchange Commission.

ABOUT VIASYSTEMS

Viasystems Group, Inc. is a leading global EMS provider with more than 18,000
employees in eight countries, supplying customers in the telecommunications,
networking, automotive and consumer electronics industries.