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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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March 17, 2025

Nexteer Launches Rear-Wheel Steering

“Today, Nexteer Automotive announced a Rear-Wheel Steering (RWS) system engineered for cost-effectiveness, lightweighting, durability and...”

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February 13, 2025

Nexteer Automotive Opens New Production Facility in Mainland China to Expand Electric Steering Systems Production

“The new facility will help Nexteer meet the rising demand for EPS technologies and...”

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January 15, 2025

Nexteer’s Facility Grand Opening in Changshu, China Expands Advanced Steering Production & Validation

“Nexteer Automotive today announced the grand opening of its new facility in Changshu, Jiangsu Province...”

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Nexteer’s Facility Grand Opening in Changshu, China Expands Advanced Steering Production & Validation Capitalizes on Company’s APAC Growth Momentum

“Nexteer Automotive today announced the grand opening of its new facility in Changshu, Jiangsu Province, China, as a strategic expansion of...”

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December 11, 2024

Transformation in Motion: Nexteer Invests in Skills, Tech, and Sustainability to Future-Proof Michigan Success

“On Dec. 2, I had the privilege of visiting Nexteer Automotive’s U.S. operations in Saginaw, Michigan, where I experienced...”

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November 12, 2024

Jill Dralle – Nexteer Automotive – 2024 Manufacturing Woman of the Year

“Over the past 30 years, Jill Dralle has been a source of inspiration for women in the manufacturing industry, an advocate for the community and a...”

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