Nexteer Automotive
Nexteer Automotive (SEHK: 1316) is a global motion control technology company. It is a publicly traded company owned about one-third by its shareholders and about two-thirds by Pacific Century Motors, which in turn is 51% owned by AVIC Automotive. Nexteer's global headquarters is in Auburn Hills, Michigan, United States.
| Company type | Public |
|---|---|
| Industry | Automotive |
| Predecessor | Delphi Steering |
| Founded | 2009 |
| Founder | GM |
| Headquarters | 1272 Doris Rd, Auburn Hills, Michigan, United States |
Number of locations | 44 |
Area served | Worldwide |
Key people | Zili Lei (CEO) Robin Milavec(President, CTO, CSO) Mike Bierlein (VP, CFO) Hervé Boyer (VP, Global COO and NA Division President) |
| Products | power steering systems, Steering Columns, Driveline |
| Revenue | $3,839.7 million (2022) |
| $86.6 million (2022) | |
| $58.0 million (2022) | |
| Total assets | $3.34 billion (2022) |
| Total equity | $1.98 billion (2022) |
Number of employees | 12,600 (Q4 2022) |
| Parent | Pacific Century Motors(15%) |
| Website | https://www.nexteer.com/ |
Nexteer is an automotive supplier delivering electric and hydraulic power steering systems, steer-by-wire systems, steering columns and intermediate shafts, driveline systems and software for original equipment manufacturers (OEMs). The company has 26 manufacturing plants, four technical and software centers, and 13 customer service centers located in North and South America, Europe, Asia and Africa. The company serves more than 60 customers in every major region of the world including BMW, Changan, Dongfeng Peugeot Citroën Automobile, Ford, General Motors, Maruti Suzuki India, Renault-Nissan Mitsubishi Alliance (RNM), SAIC General Motors, SAIC-GM-Wuling Automobile (SGMW), Stellantis (formerly Fiat Chrysler Automobiles and Groupe PSA), Toyota and Volkswagen as well as domestic automakers in India, China and South America.