3 Followers HKEX:1316 - Nexteer Automotive Group Ltd Nexteer Automotive Group Ltd
Sector: Consumer Discretionary, Industry: Auto Parts & Equipment
Next Earnings: 25 Apr 2024
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HKD 3.68    +0.11 (+3.08%)

28 Mar 2024


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General

CEO: Mr. Zili Lei

Headquarters: HK

Employees: 13,000

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Description

Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are well-known automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group’s operating segments typically offer the same steering and driveline products, the majority are derived from North America.

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