Nexteer Automotive Group Ltd.
Company Profile
Business Overview
-The Company is a global leader in developing and manufacturing advanced steering and driveline systems as well as advanced driver assistance systems and autonomous vehicle technologies. The Company was previously a business division under GM focusing on steering operations before splitting off as a part of Delphi Corporation.
-In 2010, the Company was acquired by Pacific Century Motors, based in China.
-In recent years, the Company’s primary focus has been on electric power steering (EPS) systems, due to its benefits of improved fuel economy and reduced emissions. In addition, EPS systems can act as an enabler for both advanced driver assistance and autonomous technologies. As such, part of the Company’s growth strategy is to focus on the development and sale of EPS systems. In the fiscal year ended December 31, 2021, the percentage of the Company’s total sales comprised of EPS systems increased to 69.2%. The Company’s EPS sales have steadily comprised more of its total business over the past six years.
Shareholders
-The Company is a subsidiary of Pacific Century Motors based in China and is listed on the Hong Kong Stock Exchange.
Products
Electric power steering
-Column assist electric power steering
-Intermediate shafts
-Premium EPS rack & pinion gears
-Single & dual pinion assist EPS
-Rack-assisted electric power steering
-Modular power packs
-High availability EPS
-High-output EPS
Steering columns
-Power tilt & telescope
-Power rake & telescope
-One-touch adjustable column
-Manual rake & telescope
-Non-adjustable columns
-Adaptive Energy Absorbing Steering
-Positive lock systems
-Tunable Straps
-Frictionless energy absorbers
-Actuators
-Column electronic assembly
-Lock housings
-Low mass intermediate shafts (I-shafts)
-Sliding joint
-Constant velocity joint
-EPS intermediate shaft
-Transmission shifter
-Stowable steering columns
Driveline
-Standard angle Rzeppa joint
-8 ball Rzeppa
-High angle undercut free joint
-Standard tripot
-Enhanced tripot
-Heavy duty standard tripot
-Needleless tripot
-Standard triglide
-Enhanced triglide
-Double offset
-Cross groove
-Crossglide
-Solid axle
-Welded tubular axle
-Monobloc tubular axle
-Standard tripot solid axle
-Standard triglide monobloc tubular axle
-Enhanced triglide solid axle undercut
-Integral IDS solid axle
-Undercut free ball spline axle
-Crossglide welded tubular axle
-Needleless tripot solid axle)
-Enhanced tripot solid axle
Hydraulic power steering
-Magnetic torque overlay
-SmartFlow
-Power steering pump & reservoirs
-Rack & pinion steering gears
-Recirculating ball steering gears
ADAS & automated driving
-Steer-by-wire
-Steering on Demand system
-Quiet Wheel steering
-Magnetic torque overlay
-High availability EPS
History
| 1906 | Founded company as Jackson, Church & Wilcox Co. |
| 1909 | Acquired by Buick, which was owned by General Motors. |
| 1917 | Became a business division under General Motors focused on steering systems research, design, and manufacturing. |
| 1998 | Integrated as steering operations business division into the newly created Delphi Corporation under General Motors. |
| 1999 | Delphi Corporation was spun-off by General Motors as an independent corporation. |
| 2005 | Filed for Chapter 11 bankruptcy protection as part of Delphi Corporation. |
| 2009 | Sold to General Motors from Delphi Automotive and renamed Nexteer Automotive. |
| 2010 | Sold to Pacific Century Motors in China from General Motors. |
| 2013 | Completed IPO on Hong Kong Stock Exchange. |
| Jan. 2017 | The Company and Continental announced that it has reached agreement to form a joint venture focused on the advancement of motion control systems and actuator components for automated driving. |
| Aug. 2017 | WABCO Holdings Inc. announced that hat it has signed a long-term cooperation agreement with the Company. |
| Oct. 2017 | Dongfeng Motor Parts And Components Group Co., Ltd. and Nexteer Automotive China officially established their joint business, Dongfeng Nexteer Steering Systems (Wuhan) Co., Ltd. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020
Note: A figure in brackets ( ) indicates a loss