Nexteer Automotive () is a global motion control technology company. It is a publicly traded company owned about one-third by its shareholders. About two-thirds by
Pacific Century Motors, which in turn is 51% owned by
AVIC Automotive. Nexteer's global headquarters is in
Auburn Hills, Michigan
Auburn Hills is a city in Oakland County in the U.S. state of Michigan. A northern suburb of Detroit, Auburn Hills is located about north of downtown Detroit. As of the 2020 census, the city had a population of 24,360.
Auburn Hills is home to ...
,
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
.
Nexteer Automotive is a major supplier in the
automotive industry, specializing in the production of
electric
Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwel ...
and hydraulic power steering systems, steer-by-wire systems, steering columns, intermediate shafts, driveline systems, and software for original equipment manufacturers (
OEMs). The company operates 26
manufacturing plants, four technical and software centers. The company also has 13 customer service centers across
North and South America,
Europe
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
,
Asia
Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...
, and
Africa
Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...
. Its customer base includes over 60
OEMs, encompassing well-known brands such as
BMW
Bayerische Motoren Werke AG, trading as BMW Group (commonly abbreviated to BMW (), sometimes anglicised as Bavarian Motor Works), is a German multinational manufacturer of vehicles and motorcycles headquartered in Munich, Bavaria, Germany. Th ...
,
Ford,
General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...
,
Toyota
is a Japanese Multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is the List of manuf ...
, and
Volkswagen
Volkswagen (VW; )English: , . is a German automotive industry, automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by German Labour Front, The German Labour Front, it was revitalized into the global brand it ...
, as well as domestic automakers in
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
, and
South America
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a considerably smaller portion in the Northern Hemisphere. It can also be described as the southern Subregion#Americas, subregion o ...
.
History
Nexteer's original predecessor was founded in 1906 in Saginaw, Michigan, USA under the name Jackson, Wilcox and Church. Their product was named the Jacox gear. In 1909, the unit was purchased by
Buick
Buick () is a division (business), division of the Automotive industry in the United States, American automobile manufacturer General Motors (GM). Started by automotive pioneer David Dunbar Buick in 1899, it was among the first American automobil ...
and then was transferred to parent company
General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...
as the Jackson, Church and Wilcox Division. The division was renamed Saginaw Product Company in 1919 and Saginaw Steering Gear Division in 1928. The trade name of Jacox was changed to Saginaw in 1930. In 1985, the name was changed from Saginaw Steering Gear Division to Saginaw Division. The Saginaw Division was later grouped with other GM component units into Automotive Components Group, before becoming
Delphi Automotive Systems in 1995.
In 1999, Delphi Automotive became an independent company. Saginaw Division was renamed Delphi Steering.
Nexteer
With Delphi entering a lengthy bankruptcy proceeding, GM purchased Delphi Steering through their subsidiary, GM Global Steering Holdings LLC, in 2009 and renamed the company, Nexteer Automotive. GM moved to have the union change their contract with Nexteer in order to prepare the company for a sale as Nexteer had multiple customers besides GM. After the first offered agreement, GM warned the employees that this may hamper finding a buyer; the results being that GM may just shut Nexteer down. A second agreement was ratified by the union.
[ The Michigan Economic Growth Authority gave a $70.7 million state tax credit over ten years to Nexteer in November 2009. Nexteer announced that same month investment plans totaling $400 million across the board and keeping its headquarters in Buena Vista Township. The Township responded with a 100 percent 20 year tax abatement.][ After the purchase, Nexteer was split into two separate companies.
Nexteer originally was going to go public on the ]Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...
in June 2013, but the IPO was delayed until October 2013.
The company relocated its headquarters to Auburn Hills, Michigan
Auburn Hills is a city in Oakland County in the U.S. state of Michigan. A northern suburb of Detroit, Auburn Hills is located about north of downtown Detroit. As of the 2020 census, the city had a population of 24,360.
Auburn Hills is home to ...
in 2015.
Technology
History
*1906: Manual Steering
*1951: Hydraulic Assisted Steering
*1960s: Tilt-Wheel Steering Columns, Front-Wheel Drive Halfshafts, Energy-Absorbing Column
*1970s: Air Bag Column, First Rack and Pinion Gear
*1980s: Global Engineering
*1995: Speed Variable Assist, Electric Power Steering
*1999: Power Tilt Telescope Column, Quadrasteer
*2004: Active Energy-Absorbing Column, Tri-Glide Halfshaft Joint
*2009: Single Pinion Electric Power Steering
*2010: World’s first 12-Volt Electric Power Steering Systems
*2011: Full Size Truck Rack Electric Power Steering and CrossGlide Joint
*2013: Magnetic Torque Overlay
*2017: CNXMotion, a joint venture between Nexteer & ContinentalÂ
*2018: Advanced Steering Technology Suite, including Steer-by-Wire
*2022: Dissolving of joint venture Dongfeng Nexteer
*2023: Dissolving of CNXMotion and eDrive product line
Products
* Steering Systems: active steering, electric power steering, hydraulic power steering and torque overlay
** Electric Power Steering: Since 1999, Nexteer Automotive has put more than 70 million EPS units on the road.
References