Nexteer Automotive
Nexteer Automotive is a global Tier 1 supplier of motion control technology — Electric Power Steering, Steer-by-Wire, Brake-by-Wire, driveline systems, and the MotionIQ software suite — serving 60+ OEMs including BMW, Ford, GM, Stellantis, VW, Toyota, BYD, and other leading Chinese NEV manufacturers across 40+ locations on 6 continents.
- Company typePublic
- Founded1906
- HeadquartersSaginaw, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Nexteer Automotive does
Nexteer Automotive is a global Tier 1 automotive supplier specializing in motion control technology for passenger and commercial vehicles, headquartered in Auburn Hills, Michigan, with US operations historically rooted in Saginaw. Founded in 1906, the company employs approximately 13,000 people across 27 manufacturing plants, 5 technical centers, and 13 customer service centers on 6 continents, and is publicly listed on the Hong Kong Stock Exchange (HK 1316) and OTC (NTXVF). The core product portfolio centers on Electric Power Steering (EPS) and is extending into Steer-by-Wire (SbW), Brake-by-Wire / Electro-Mechanical Brake (EMB), driveline systems, and the MotionIQ software suite, with algorithms deployed across 115M+ vehicles globally and ASIL D functional safety certification achieved for SbW in late 2025.
The company's technology stack combines electro-mechanical hardware (column-assist, pinion-assist, and rack-assist EPS, plus emerging by-wire actuators) with a software layer — MotionIQ — that integrates steering control, ADAS coordination, and predictive health analytics. Nexteer serves 60+ OEM customers including BMW, Ford, GM, Stellantis, VW, Toyota, and leading Chinese NEV manufacturers such as BYD, Chery, Geely, Great Wall, and Xpeng, generating revenue primarily through multi-year program contracts tied to vehicle platform launches. In FY2025 the company recorded approximately $4.6B in revenue (7.2% YoY growth, third consecutive record year), $102M in net profit (up 65.3%), and $4.9B in new business bookings with 52% sourced from new or conquest customers and 50% tied to EV or split-platform programs.
Revenue mechanics depend on long-cycle OEM platform awards: components ship into vehicle production for 5-7 year program lives, providing visibility but exposing results to global auto build rates. The business model is shifting from pure hardware supply toward a hybrid hardware-plus-software model, with MotionIQ launched in August 2025 enabling recurring software licensing on top of unit shipments. Strategic positioning is reinforced by Nexteer's participation in China's GB 17675-2025 national steering standard (released December 2, 2025) and partnership with the Automotive Chassis-by-Wire Standards Research Group, embedding the company into emerging by-wire regulatory frameworks in the world's largest auto market.
Nexteer Automotive firmographics
Firmographics- Name
- Nexteer Automotive
- Legal name
- Nexteer Automotive Corporation
- Website
- https://nexteer.com
- Company type
- Public
- Founded year
- 1906
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Nexteer Automotive is a global Tier 1 supplier of motion control technology — Electric Power Steering, Steer-by-Wire, Brake-by-Wire, driveline systems, and the MotionIQ software suite — serving 60+ OEMs including BMW, Ford, GM, Stellantis, VW, Toyota, BYD, and other leading Chinese NEV manufacturers across 40+ locations on 6 continents.
- Ownership category
- akta.pro rank
Nexteer Automotive industry classification
Industry- Product category
- Automotive Steering and Motion Control Systems
- NAICS
- Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (336330), Motor Vehicle Brake System Manufacturing (336340), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Steering Systems & Components (Columns/Racks/EPS Pumps & Motors) (IMACAIAB)
- akta.pro secondary industries
- Chassis Mechatronics & Active Dynamics (Active Suspension/Steer-by-Wire/Brake-by-Wire Hardware) (IMACAIAN), Steering/Chassis Actuation for ADAS Manufacturing (EPS/Steer-by-Wire/Actuators) (IMACAMAI), Motion Control Electronics & Controls (Controllers, Drivers, Feedback Interfaces) (IMAHAGAJ), Motion Control Controllers & CNC/Robot Drives (Motion Controllers, Multi-axis) (IMAGACAH)
Keywords
Where Nexteer Automotive is headquartered
LocationHeadquarters
- HQ city
- Saginaw
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Nexteer Automotive business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Automotive Components and Systems: Nexteer generates revenue through the sale of steering systems (Electric Power Steering, Hydraulic Power Steering, Steer-by-Wire), steering columns, intermediate shafts, driveline systems (propeller shafts, halfshafts, CV joints), and brake-by-wire systems to automotive OEMs. Revenue is project-based with multi-year program awards.
- Software Solutions: Revenue from MotionIQ software suite including chassis control software, development tools, and vehicle health monitoring. Software is bundled with hardware programs and supports software-defined vehicle platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | OEM Contract Pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Nexteer Automotive product offering
Product offeringCore offering
Nexteer designs, manufactures, and supplies motion control technologies for automotive OEMs, including Electric Power Steering (EPS), Steer-by-Wire, Brake-by-Wire (Electro-Mechanical Brake), steering columns, intermediate shafts, and driveline systems such as propeller shafts, halfshafts, and CV joints. The company complements its hardware portfolio with the MotionIQ software suite, which provides chassis control, development tools, and vehicle health monitoring.
Product overview
Nexteer Automotive is a global leading motion control technology company offering a comprehensive portfolio of steering, driveline, and software products. The product portfolio centers on Electric Power Steering (EPS) systems in multiple variants (Rack-Assist, Column-Assist, Single Pinion-Assist, Dual Pinion-Assist) and the innovative Steer-by-Wire technology that entered series production in 2026. The company has expanded into Brake-by-Wire with its Electro-Mechanical Brake (EMB) system now mass production ready. Supporting these core motion control products are Steering Columns, Intermediate Shafts, and Driveline Systems including CV joints and halfshafts. The Motion-by-Wire platform integrates Steer-by-Wire and Brake-by-Wire for comprehensive chassis control. The MotionIQ Software Suite (MotionIQ/Control, MotionIQ/Dev, MotionIQ/Health) provides intelligent software for chassis control, development tools, and vehicle health monitoring, built on algorithms deployed in over 115 million vehicles globally. The company serves over 60 customers including major global OEMs (BMW, Ford, GM, Stellantis, VW, Toyota) and Chinese automakers (BYD, Chery, Great Wall, Geely, Xpeng).
Differentiator
Problem solved
Functional benefit
Products and services
- Electric Power Steering (EPS) Nexteer's flagship steering technology offered in multiple variants including Rack-Assist EPS, Column-Assist EPS, Single Pinion-Assist EPS, and Dual Pinion-Assist EPS, providing power-assisted steering control for vehicles ranging from compact cars to trucks and SUVs. Sold to automotive OEM manufacturers.
- Steer-by-Wire (SbW) Advanced drive-by-wire steering system that decouples mechanical links between the steering wheel and road wheels, serving as a foundational technology for next-generation intelligent chassis and autonomous driving platforms. ASIL D certified.
- Electro-Mechanical Brake (EMB) / Brake-by-Wire Advanced Brake-by-Wire solution providing electromechanical braking with millisecond-level responsiveness and compact architecture, enabling comprehensive chassis motion control for high-level autonomous driving applications.
- Steering Columns Steering column assemblies including standard and Power Adjustable Steering Columns, with innovative Stowable Steering Column options for flexible vehicle interiors. Sold to automotive OEMs.
- Intermediate Shafts Steering intermediate shafts connecting the steering column to the steering gear, available in various configurations including Half-Shaft designs with undercut-free ball-spline axle technology.
- Driveline Systems Complete driveline solutions including Propeller Shaft CV Joints (Rzeppa joints) and Halfshafts for front-wheel-drive and all-wheel-drive systems in passenger and commercial vehicles.
- Hydraulic Power Steering Traditional hydraulic power steering systems offering reliable steering assistance for vehicles requiring proven hydraulic steering technology.
- MotionIQ Software Suite Comprehensive intelligent motion control software suite comprising MotionIQ/Control (chassis control), MotionIQ/Dev (development tools), and MotionIQ/Health (vehicle health monitoring). Built on algorithms deployed in over 115 million vehicles globally, helping OEMs reduce development cycles and accelerate speed-to-market for software-defined vehicles.
- Motion-by-Wire Integrated platform combining Steer-by-Wire and Brake-by-Wire technologies for comprehensive chassis motion control, enabling next-generation vehicle architectures for autonomous driving applications. Features millisecond-level responsiveness and compact architecture.
- Rear-Wheel Steering Advanced rear-wheel steering technology showcased as part of Motion-by-Wire capabilities, enhancing vehicle maneuverability and stability through coordinated front and rear wheel steering control.
Quantifiable outcome
- Record revenue of $4.6 billion in 2025, a 7.2% increase year-over-year
- +4 more outcomes
Companies that use Nexteer Automotive
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
Nexteer Automotive technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature5 records
Nexteer Automotive partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Automotive Chassis-by-Wire Standards Research Group (China)coreNexteer has been an active member of this working group since 2023, contributing expertise in SbW architectures, functional safety and system integration. The collaboration resulted in the official release of China's national steering standard GB 17675-2025 on December 2, 2025, positioning China to lead global adoption of SbW technology.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Nexteer Automotive competitors and assessment
Company assessmentDirect peers
- JTEKT Corporation: Japanese Tier 1 supplier and one of the largest global manufacturers of Electric Power Steering and hydraulic steering systems, competing head-to-head with Nexteer for OEM EPS and emerging Steer-by-Wire programs.
- Mando Corporation: Korean Tier 1 supplier specializing in steering, braking, and suspension systems, including EPS and brake-by-wire products, with strong Hyundai/Kia relationships and growing global OEM presence similar to Nexteer.
- NSK Ltd. Japanese manufacturer of electric power steering systems and steering components; competes directly with Nexteer's EPS column-assist and rack-assist offerings across global OEMs.
- Hitachi Astemo: Tier 1 supplier of advanced steering, ADAS, and electrified powertrain systems formed from Hitachi's automotive components businesses; competes with Nexteer in EPS and by-wire steering technologies.
- KYB Corporation: Japanese manufacturer of steering and suspension components including EPS systems, supplying OEMs globally and competing with Nexteer's steering and driveline portfolio.
Broad incumbents
- Robert Bosch: Global Tier 1 supplier with a broad steering, braking, and ADAS portfolio including EPS and Steer-by-Wire programs; competes with Nexteer across multiple OEMs but as part of a much larger diversified business.
- Hyundai Mobis: Korean Tier 1 supplier with a broad chassis, steering, braking, and ADAS portfolio, serving Hyundai/Kia while expanding globally; competes with Nexteer for integrated chassis business.
- Continental AG: Global Tier 1 supplier with chassis, steering, braking, and ADAS divisions that compete with Nexteer across EPS and by-wire chassis content as part of a much broader automotive electronics portfolio.
Peers
- ZF Friedrichshafen: Major Tier 1 supplier of steering systems (ZF acquired TRW's steering business) plus integrated chassis, braking, and driveline solutions; a broad incumbent competing for the same OEM chassis content as Nexteer.
Emerging players
- Brembo: Italian Tier 1 brake system specialist actively developing brake-by-wire and electro-mechanical braking solutions; an emerging direct competitor to Nexteer's EMB product line in the by-wire brake segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nexteer Automotive social profiles
Digital presenceNexteer Automotive compliance and trust
Trust signalCompliance4 records
Nexteer Automotive financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nexteer Automotive leadership team
Management profileNumber of profiles
Profiles4 records
Nexteer Automotive funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nexteer Automotive M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nexteer Automotive
What does Nexteer Automotive do?
Nexteer designs, manufactures, and supplies motion control technologies for automotive OEMs, including Electric Power Steering (EPS), Steer-by-Wire, Brake-by-Wire (Electro-Mechanical Brake), steering columns, intermediate shafts, and driveline systems such as propeller shafts, halfshafts, and CV joints. The company complements its hardware portfolio with the MotionIQ software suite, which provides chassis control, development tools, and vehicle health monitoring.
Is Nexteer Automotive a public or private company?
Nexteer Automotive is a public company. It is classified as public and is currently operating.
When was Nexteer Automotive founded?
Nexteer Automotive was founded in 1906. It employs 5,001 to 10,000 people.
Where is Nexteer Automotive based?
Nexteer Automotive is headquartered in Saginaw, United States, in the North America region.
How does Nexteer Automotive make money?
Two revenue lines are on record. Automotive Components and Systems are the primary driver. The others are software Solutions.
Who are Nexteer Automotive's main competitors?
Direct peers on record are JTEKT Corporation, Mando Corporation, NSK Ltd., Hitachi Astemo and KYB Corporation. Broad incumbents are Robert Bosch, Hyundai Mobis and Continental AG. ZF Friedrichshafen is listed as a peer. Brembo is listed as an emerging player.
Does Nexteer Automotive have an API?
No public API is recorded for Nexteer Automotive.
What industry is Nexteer Automotive in?
Nexteer Automotive's product category is Automotive Steering and Motion Control Systems. Its primary akta.pro industry code is IMACAIAB, Steering Systems & Components (Columns/Racks/EPS Pumps & Motors), with a secondary code of IMACAIAN, Chassis Mechatronics & Active Dynamics (Active Suspension/Steer-by-Wire/Brake-by-Wire Hardware). Its NAICS code is 336330 and its SIC code is 3823.