Nexteer Automotive Group Ltd - Company Profile
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Nexteer Automotive Group Ltd (Nexteer) is an automotive components manufacturer. The company designs, manufactures, and supplies steering and driveline systems and components for the global automotive manufacturing industry. Its product portfolio includes electric power steering, hydraulic power steering, steering columns, advanced driver assistance systems, automated driving technologies and intermediate shafts. Nexteer's Driveline system includes front wheel drive intermediate drive shafts, rear wheel drive halfshafts, and propeller shaft constant velocity joints. The company also offers advanced driver-assistance systems and automated driving technologies for OEMs, which include steer-by-wire, quiet wheel steering, magnetic torque overlay and high availability electric power steering. It has a presence across various geographical regions including. Nexteer is headquartered in Auburn Hills, Michigan, the US.
Headquarters
United States of America
Address
1272 Doris Road, Auburn Hills, Michigan, 48326
Website
www.nexteer.com
Telephone
1 989 7575000
No of Employees
12,000
Industry
Automotive
Ticker Symbol & Exchange
1316 (HKG)
Revenue (2024)
$4.6B
7.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
65.3%
(2024 vs 2023)
Market Cap*
$1.2B
Net Profit Margin (2024)
XYZ
54.9%
(2024 vs 2023)
* As of and is in US$
Nexteer Automotive Group Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electric Power Steering: | EPS Remanufacturing |
| Column Assist Electric Power Steering | Aftersales |
| Intermediate Shafts | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Others | In November, the company commenced construction of its APAC Smart Manufacturing Project in Suzhou Industrial Park in Suzhou, China. |
| 2025 | New Products/Services | In October, the company launched its Direct Drive Hand Wheel Actuator. |
| 2025 | Contracts/Agreements | In September, the company signed a memorandum of understanding with the Administrative Committee of Suzhou Industrial Park to form Nexteer's Suzhou Smart Manufacturing Project. |
Competitor Comparison
| Key Parameters | Nexteer Automotive Group Ltd | ZF Friedrichshafen AG | Tenneco Inc | JTEKT Corp | HL Mando Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | Japan | South Korea |
| City | Auburn Hills | Friedrichshafen | Northville | Kariya | Pyeongtaek |
| State/Province | Michigan | Baden-Wurttemberg | Michigan | Aichi | - |
| No. of Employees | 12,000 | 161,631 | 65,800 | 45,018 | 4,307 |
| Entity Type | Public | Private | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zili Lei | Chairman; Chief Executive Officer | Executive Board | 2022 | 54 |
| Robin Zane Milavec | Chief Technology Officer; President; Director; Chief Strategy Officer | Executive Board | 2021 | 56 |
| Michael John Bierlein | Chief Financial Officer; Senior Vice President | Senior Management | 2021 | 47 |
| Herve Paul Boyer | Chief Operating Officer - Global; President - North America; Senior Vice President | Senior Management | 2021 | 52 |
| Steven Robert Harris | Vice President - Global Engineering | Senior Management | 2021 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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