Nexteer Automotive

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.

Name

Nexteer Automotive

Legal name

Nexteer Automotive Corporation

Website

https://nexteer.com

Company type

Public

Founded year

1906

Operating status

Operating

Headcount range

10,001+ 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

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

• Electric power steering
• Steer-by-wire systems
• Brake-by-wire systems
• Driveline components
• Automotive motion control

Headquarters

HQ city

Auburn Hills

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. 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.
2. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core 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

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

One partnership is on record.

• Automotive Chassis-by-Wire Standards Research Group (China)coreStrategic or Co-development Partner · 2 December 2025Nexteer 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

Direct 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

• YouTubeyoutube.com/user/NexteerAuto
• Facebookfacebook.com/nexteerauto
• LinkedInlinkedin.com/company/nexteer-automotive
• Xx.com/nexteer

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nexteer Automotive