Nexteer Automotive

Nexteer Automotive
Company typePublic
IndustryAutomotive
PredecessorDelphi Steering
Founded2009[1]
FounderGM
Headquarters1272 Doris Rd, Auburn Hills, Michigan,
United States
Number of locations
44
Area served
Worldwide
Key people
Zili Lei [2] (CEO)
Robin Milavec[2](President, CTO, CSO)
Mike Bierlein[2] (VP, CFO)
Hervé Boyer[2] (VP, Global COO and NA Division President)
Productspower steering systems, Steering Columns, Driveline
RevenueIncrease $3,839.7 million (2022)[3]
Decrease $86.6 million (2022)[3]
Decrease $58.0 million (2022)[3]
Total assetsIncrease $3.34 billion (2022)[3]
Total equityDecrease $1.98 billion (2022)[3]
Number of employees
Increase 12,600 (Q4 2022)[3]
ParentPacific Century Motors(15%)[1]
Websitehttps://www.nexteer.com/

Nexteer Automotive (SEHK1316) is a global motion control technology company. It is a publicly traded company owned about one-third by its shareholders. 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.[4]

Nexteer Automotive is a major supplier in the automotive industry, specializing in the production of electric and hydraulic power steering systems, steer-by-wire systems, steering columns, intermediate shafts, driveline systems, and software for original equipment manufacturers (OEMs). The company operates 26 manufacturing plants, four technical and software centers. The company also has 13 customer service centers across North and South America, Europe, Asia, and Africa. Its customer base includes over 60 OEMs, encompassing well-known brands such as BMW, Ford, General Motors, Toyota, and Volkswagen, as well as domestic automakers in India, China, and South America.

  1. ^ a b "Nexteer Automotive Inc.:Private Company Information". Business Week.com. Bloomberg. Archived from the original on October 12, 2012. Retrieved 15 April 2011.
  2. ^ a b c d "Nexteer Global Leadership".
  3. ^ a b c d e f "Nexteer Annual Report 2022" (PDF).
  4. ^ "Nexteer Automotive – A Leader in Intuitive Motion Control | Locations". www.nexteer.com. Retrieved 30 March 2017.