Nexteer Automotive Group Ltd.

Company Profile

■URL

http://www.nexteer.com

■Address

1272 Doris Road, Auburn Hills, MI 48326, USA

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, 2019, despite the decrease in the Company’s total sales, the percentage of the Company’s total sales comprised of EPS systems increased to 67.4%. The Company’s EPS sales have steadily comprised more of its total business over the past five years.

Competitors

Steering Systems Driveline Systems
-China Automotive Systems
-JTEKT
-Mando
-NSK
-Robert Bosch Automotive Steering
-Showa
-thyssenKrupp
-Yubei Steering System
-ZF TRW
-American Axle & Manufacturing
-GKN
-Hunan Dingyuan Automotive Parts
-IFA Group
-Korea Flange (KOFCO)
-Neapco
-NTN
-Wanxiang Qianchao

Shareholders

-The Company is a subsidiary of Pacific Century Motors based in China and is listed on the Hong Kong Stock Exchange.

Products

Steering systems
-Electric Power Steering (EPS)

  • Column assist EPS
  • Brush motor column-assist EPS
  • Intermediate shafts
  • Dual pinion-assist EPS
  • Single pinion-assist EPS
  • Rack assist EPS
  • EPS rack and pinion gears
  • High availability EPS
  • Modular power packs

-Hydraulic Power Steering (HPS)

  • Magnetic Torque Overlay variable effort steering systems
  • Rack and pinion steering gears
  • Recirculating ball steering gears
  • Power steering pumps
  • Power steering reservoirs
  • CB pumps with direct intake
  • High flow reservoirs
  • Power steering hose sets
  • Droop flow control devices for power steering pumps
  • SmartFlow hydraulic pump technology for improved efficiency

-Steering columns

  • Non-adjustable steering columns
  • Power rake and telescope columns
  • Power tilt and telescope columns
  • Manual rake and telescope columns
  • Active energy-absorbing steering columns
  • Power one-touch adjustable steering columns
  • Touch control electronic transmission shifters
  • Actuators
  • Column electronic assemblies
  • Lock housings
  • Shrouds
  • Shift mechanisms
  • Transmission shifters
  • Telescoping intermediate shafts
  • Cardan joint intermediate shafts
  • Constant-velocity joint intermediate shafts

-Torque overlay software programming solutions

Driveline systems
-Front wheel drive halfshafts
-Front wheel drive joints

  • Fixed-center joints
  • "TriGlide" plunging tripot joints
  • Enhanced "TriGlide" plunging tripot joints
  • "CrossGlide" low-mass, low-volume joint
  • Low-profile tripot joints
  • Heavy-duty low-profile tripot joints
  • Needleless tripot joints
  • Enhanced tripot joints
  • Heavy-duty standard tripot joints
  • Cross-groove joints
  • Double-offset joints
  • Rzeppa joints
  • High angle undercut free joints
  • Sealing systems

-Intermediate drive halfshafts
-Rear wheel drive halfshafts
-High-value low-mass rear halfshafts for reduced durability needs
-Propeller shaft joints
-Solid axles
-Welded tubular axles
-Monobloc tubular axles

ADAS and automated driving systems
-Steering on Demand electromechanical steer-by-wire system featuring no mechanical links
-QuietWheel steering system where steering wheel disengages from road wheel 

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.
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