Nexteer’s profit up 20% in first half of 2017 with new products, operational efficiencies
On August 15, Michigan-based Nexteer Automotive reported a net profit of USD 179.7 million for the six-month period ended June 30, 2017, an increase of 20.7% over the same period in 2016.
The results were attributed to successful new program launches, an improved product line mix, and improved operating efficiency.
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The results were attributed to successful new program launches, an improved product line mix, and improved operating efficiency.
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