About Nexteer Automotive
Nexteer Automotive is a company based in Auburn Hills (United States) founded in 1906.. The company has 12,600 employees as of December 31, 2024. Nexteer Automotive offers products and services including Electric Power Steering, Steer-by-Wire, Brake-by-Wire, Steering Columns, and Driveline. Nexteer Automotive operates in a competitive market with competitors including Roop Automotives, Bibst (Shanghai) Automotive Electronics, Omega Bright Steel, BWI Group and Sona Koyo Steering Systems, among others.
- Headquarter Auburn Hills, United States
- Employees 12600 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Nexteer Automotive Group Limited
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Annual Revenue
$4.3 B (USD)1.31as on Dec 31, 2024
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Net Profit
$62.01 M (USD)67.44as on Dec 31, 2024
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EBITDA
$412.03 M (USD)15.7as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
12600
as on Dec 31, 2024
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Acquired by
(Nov 30, 2010)
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IPO & Listings of Nexteer Automotive
Nexteer Automotive is a publicly listed company on the HKEX with ticker symbol 1316 in Hong Kong, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Nexteer Automotive
Nexteer Automotive offers a comprehensive portfolio of products and services, including Electric Power Steering, Steer-by-Wire, Brake-by-Wire, Steering Columns, and Driveline. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers advanced steering for vehicle electrification and safety.
Enables wire-controlled steering for enhanced mobility control.
Provides electronic braking solutions for automated driving applications.
Delivers mechanical steering components for diverse vehicle types.
Supports power delivery systems in electrified vehicles.
Offers hydraulic systems for traditional and hybrid vehicles.
Develops software for ADAS and automated driving features.
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Software Development Team
134 people
Product Management Team
36 people
Leadership Team
34 people
Human Resources and Administration
26 people
Senior Team
25 people
Finance and Accounting
22 people
Sales and Marketing
14 people
Manufacturing Team
9 people
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Funding Insights of Nexteer Automotive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nexteer Automotive
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nexteer Automotive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nexteer Automotive Comparisons
Competitors of Nexteer Automotive
Nexteer Automotive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Roop Automotives, Bibst (Shanghai) Automotive Electronics, Omega Bright Steel, BWI Group and Sona Koyo Steering Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components for OEMs, tier 1 and aftermarket
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| domain | founded_year | HQ Location |
Automotive smart braking, wire, and chassis domain controllers are manufactured.
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| domain | founded_year | HQ Location |
Steel bars and related components are designed and manufactured.
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| domain | founded_year | HQ Location |
Major auto components are manufactured and supplied to OEMs.
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| domain | founded_year | HQ Location |
Manufacturer & supplier of steering systems to OEMs
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nexteer Automotive
Frequently Asked Questions about Nexteer Automotive
When was Nexteer Automotive founded?
Nexteer Automotive was founded in 1906.
Where is Nexteer Automotive located?
Nexteer Automotive is headquartered in Auburn Hills, United States. It is registered at Auburn Hills, Michigan, United States.
Who is the current CEO of Nexteer Automotive?
Guibin Zhao is the current CEO of Nexteer Automotive.
How many employees does Nexteer Automotive have?
As of Dec 31, 2024, the latest employee count at Nexteer Automotive is 12,600.
What is the annual revenue of Nexteer Automotive?
Annual revenue of Nexteer Automotive is $4.3B as on Dec 31, 2024.
What does Nexteer Automotive do?
Nexteer Automotive was founded in 1906 and is headquartered in Auburn Hills, United States. Operations focus on the automotive sector, where electric and hydraulic steering systems, steering columns, and driveline systems are produced for original equipment manufacturers. Supplies are provided to major clients including BMW, FCA, Ford, GM, and PSA, supporting global vehicle production needs.
Who are the top competitors of Nexteer Automotive?
Nexteer Automotive's top competitors include Roop Automotives, Bibst (Shanghai) Automotive Electronics and BWI Group.
What products or services does Nexteer Automotive offer?
Nexteer Automotive offers Electric Power Steering, Steer-by-Wire, Brake-by-Wire, Steering Columns, and 3 more products and services.
Is Nexteer Automotive publicly traded?
Yes, Nexteer Automotive is publicly traded on HKEX under the ticker symbol 1316.
What is Nexteer Automotive's ticker symbol?
The ticker symbol of Nexteer Automotive is 1316 on HKEX.