#NEXTEERAUTOMOTIVE

Connectivity

5 Teams Plan Robo-Rides at Detroit Auto Show

Five developers of autonomous cars will offer free rides in their robotic vehicles during next year’s Detroit auto show in June.

Brose Names New N. America Chief

Wilm Uhlenbecker has taken over as president of Brose Groups North American unit, effective July 1.

Production

Nexteer to Open 3rd Plant in India

Michigan-based Nexteer Automotive Group is opening of a facility in Chennai, India, to produce electric power steering (EPS) and driveline systems.

Casting Company Taps Former Key Safety Exec as CEO

Albion, Ind.-based Busche Performance Group has hired Joseph Perkins, formerly Key Safety Systems Inc.’s chief operating officer, as its new CEO.

Business

Nexteer Posts First-Half Gains in Revenue, Profits

Nexteer Automotive Group reports its revenue grew 4% to $2 billion, and net profit jumped 11% to $200 million in the first half of 2018.

Production

Nexteer to Open Electric Power Steering Plant in Morocco

Saginaw, Mich.-based Nexteer Automotive Group Ltd. will begin construction next month on a 194,000-sq-ft facility in Kenitra, Morocco.

Autonomous Vehicles

Nexteer Touts Electric Power Steering, Steer-by-Wire for Self-Driving Cars

Nexteer Automotive Group Ltd. is introducing new electric power steering (EPS) and steer-by-wire systems tailored for autonomous vehicles.

Economics

Nexteer’s Net Profit Jumps 21% in First Half

Steering systems supplier Nexteer Automotive Corp. says its next profit in January-June climbed 21% to $180 million.

Production

Nexteer Opens Second Japan Office

Nexteer Automotive Group Ltd. has opened a customer service center in Atsugi, Japan.

Production

Nexteer Opens Electric Power Steering Plant in Indonesia

Auburn Hills, Mich.-based Nexteer Automotive Group Ltd. has opened a manufacturing plant in Bekasi, Indonesia, to produce electric power steering (EPS) systems.

Business

Nexteer, Dongfeng Partner on Electric Steering Systems in China

Nexteer Automotive Group and Dongfeng Motor Parts and Components Group have agreed to form a 50:50 joint venture in China to supply electric power steering systems to Dongfeng Motor Group and its alliances with foreign carmakers.

Autonomous Vehicles

Conti, Nexteer to Form JV for Autonomous Vehicle Systems

Continental AG and Nexteer Automotive Group Ltd. have agreed to form a 50:50 joint venture to develop control and actuator systems for self-driving cars.

Nexteer Makes Richardson Its New President

Steering system supplier Nexteer Automotive Group Ltd. has named Michael Richardson to be its new president, effective Oct. 1.

Nexteer Names Interim President as Bresson Quits

Steering and driver assist systems supplier Nexteer Automotive Group Ltd. has appointed Michael Richardson, its chief strategy officer, as interim president and global chief operating officer, effective immediately.

Production

Nexteer Automotive Opens World Headquarters in Michigan

Steering system and driveline supplier Nexteer Automotive Group Ltd. has opened a new world headquarters in Auburn Hills, Mich.

Labor

UAW Workers Ratify Nexteer Labor Pact

United Auto Workers union workers at Nexteer Automotive Group Ltd.’s plant in Saginaw, Mich., have approved a second-round labor agreement by a 61% margin.

Labor

UAW Workers End 20-Hour Strike at Nexteer Automotive

Some 3,200 United Auto Workers union members have ended a strike that began Tuesday morning at Nexteer Automotive Group Ltd. after reaching tentative agreement on a new four-year contract.

Labor

UAW Workers Strike at Nexteer

Some 3,200 United Auto Workers union members have walked out at the Nexteer Automotive Corp. parts plant in Saginaw, Mich., after rejecting a four-year labor contract by a 97% margin two days ago.

Labor

UAW Workers Reject Nexteer Contract with 97% “No” Vote

Only 80 of nearly 3,200 United Auto Workers union members at Nexteer Automotive Corp.’s factory in Saginaw, Mich., have voted to accept a proposed four-year labor contract.

Business

Henniges Automotive Acquired by China’s AVIC

China's AVIC Automotive Systems Holding Co. has acquired Michigan-based Henniges Automotive Holdings Inc., a maker of vehicle sealing and anti-vibration products.

Production

Nexteer to Relocate Headquarters

Steering systems and driveline supplier Nexteer Automotive Group Ltd. is moving its global headquarters from Saginaw, Mich., to the Detroit suburb of Auburn Hills.

Electric Steering

For decades cars have used a hydraulic pump driven by the engine to provide power steering.

Nexteer CEO Resigns

Robert Remenar has stepped down as president and CEO of Nexteer Automotive Inc. to become CEO of Diversified Machine Inc.

Nexteer Names International Chief as New COO

Nexteer Automotive Inc. has appointed Laurent Bresson, senior vice president and chief operating office of its international unit, as COO for its global business, effective immediately.