March 19, 2025
Nexteer Reports 2024 Year End Results: Achieves Above Market Revenue Growth, Expands Diversification, Continues APAC Momentum
AUBURN HILLS, Mich. – March 19, 2025 – Nexteer Automotive (HK 1316) today reported year end results for the period ended December 31, 2024, including record revenue of US$4.3 billion, an increase of 1.6% compared to 2023. Adjusting for foreign currency and commodity recoveries, Nexteer’s revenue increased by 2.5%, outperforming the market by 360 basis points.
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March 17, 2025
Nexteer Launches Rear-Wheel Steering: Optimized for Cost-Effectiveness, Durability, Integration & Driver Experiences
AUBURN HILLS, Mich. – March 17, 2025 – Today, Nexteer Automotive announced a Rear-Wheel Steering (RWS) system engineered for cost-effectiveness, lightweighting, durability and seamless integration. Nexteer’s RWS is also optimized for enhanced maneuverability, stability, safety and performance – delivering a superior driving experience especially when steering heavier vehicles with long wheelbases such as trucks, SUVs and EVs.
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January 15, 2025
NEXTEER’S FACILITY GRAND OPENING IN CHANGSHU, CHINA EXPANDS ADVANCED STEERING PRODUCTION & VALIDATION Capitalizes on Company’s APAC Growth Momentum
NEXTEER’S FACILITY GRAND OPENING IN CHANGSHU, CHINA
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September 17, 2024
Nexteer Selected as a Constituent Member of Hang Seng Corporate Sustainability Benchmark Index for 8th Year in a Row
AUBURN HILLS, Mich. – September 17, 2024 – For the eighth consecutive year, Nexteer Automotive has been named a constituent member of the Hang Seng Corporate Sustainability Benchmark Index (“HSSUSB”). HSSUSB is…
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August 14, 2024
Nexteer Reports First Half 2024 Results: Continues Strong Revenue Pipeline & Growth Momentum with China OEMs
AUBURN HILLS, Mich. – August 14, 2024 – Nexteer Automotive (HK 1316) today reported first half results for the period ended June 30, 2024 – including revenue of US$2.1 billion,…
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August 12, 2024
Nexteer Expands Cost-Effective, Modular Steering with New Modular Pinion-Assist Electric Power Steering (EPS) System; Now Offers Modular Versions for All EPS Architectures
AUBURN HILLS, Mich. – August 12, 2024 – Today, Nexteer Automotive announced its Modular Pinion-Assist Electric Power Steering (mPEPS) system, which expands the company’s cost-effective, modular EPS offerings to now…
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