Nexteer Automotive

Nexteer Automotive (耐世特汽车系统) is a global automotive supplier specializing in steering and driveline systems. The company traces its roots to the early 20th-century steering-gear business that became part of General Motors' components operations, and it was spun out of GM in 2010 as an independent company. Nexteer is headquartered in Auburn Hills, Michigan, and is majority-owned by AVIC (the Aviation Industry Corporation of China), with its shares listed on the Hong Kong Stock Exchange under the ticker 1316. Nexteer's core product lines include electric power steering (EPS), hydraulic power steering, steering columns, and driveline halfshafts. The company has positioned itself as a leader in EPS, a technology that improves fuel efficiency and enables advanced driver-assistance features such as lane-keeping and automated steering. Its customers include major global automakers across North America, Europe, and Asia, and it has a particularly strong manufacturing and engineering footprint in China. As a brand, Nexteer is a business-to-business supplier rather than a consumer-facing name; its reputation rests on engineering capability, global manufacturing scale, and its role in the shift toward electrified and automated vehicles. The company operates technical centers and manufacturing plants worldwide and continues to invest in steer-by-wire and software-defined steering technologies for next-generation vehicles.

Nexteer's history is rooted in the steering-gear operations that were part of General Motors' components business for much of the 20th century. The business developed and manufactured steering systems and driveline components for GM vehicles and, over time, expanded into supplying other automakers. In 2010, General Motors sold a majority stake in the steering business to a group led by AVIC (the Aviation Industry Corporation of China), and the company was established as an independent entity under the Nexteer Automotive name. Following the spin-out, Nexteer pursued a strategy of global expansion, emphasizing electric power steering as automakers sought fuel-efficiency gains and new driver-assistance features. The company invested in manufacturing and engineering capacity in China, North America, and Europe, and built a customer base spanning many of the world's largest automakers. Nexteer was listed on the Hong Kong Stock Exchange in 2013, giving it access to public capital markets while AVIC remained the controlling shareholder. In the years since, Nexteer has focused on technologies for electrified and automated vehicles, including steer-by-wire systems and software-enabled steering features. The company operates technical centers and manufacturing plants across multiple regions and continues to position itself as a specialist in steering and driveline systems within the global automotive supply chain.

• 2013

  Nexteer Automotive lists on the Hong Kong Stock Exchange (ticker 1316).

• 2010

  General Motors sells a majority stake in its steering business to a group led by AVIC; the company becomes independent as Nexteer Automotive.

Global tier-one automotive supplier and specialist in steering and driveline systems, positioned around electric power steering and advanced steering technologies for electrified and automated vehicles.

• Electric power steering (EPS)

  Steering systems that use an electric motor to assist steering, improving fuel efficiency and enabling driver-assistance features.

• Steer-by-wire

  Steering technology that removes the mechanical connection between the steering wheel and the road wheels, enabling software-defined steering.

• Driveline halfshafts

  Driveline components that transfer power from the transmission to the wheels.

1. 1Nexteer Automotive official websitenexteer.com
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