Nexteer Automotive

Global and China Passenger Car Intelligent Steering Industry Report 2023: Suppliers and OEMs Quicken their Pace of Deploying Steer-by-Wire, with More Production Models - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 27, 2024

The "Passenger Car Intelligent Steering Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car Intelligent Steering Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Passenger Car Intelligent Steering Industry Report, 2023 combs through and studies the status quo of passenger car intelligent steering and the product layout of OEMs, suppliers, and supply chains, and predicts the future development trends of passenger car intelligent steering.
  • From 2020 to 2023, the penetration of EPS in the Chinese passenger car market remained at a high level.
  • Suppliers and OEMs quicken their pace of deploying steer-by-wire, with more production models.

Global Automotive Steering System Market Analysis 2023-2028 - OEMs Dominate the Sales Channel, Prioritizing Safety and Efficiency - ResearchAndMarkets.com

Retrieved on: 
Monday, December 18, 2023

Consumers are seeking advanced safety, comfort, and innovative steering system technologies in passenger vehicles, driving the demand for these systems.

Key Points: 
  • Consumers are seeking advanced safety, comfort, and innovative steering system technologies in passenger vehicles, driving the demand for these systems.
  • OEMs Dominate Sales: Original Equipment Manufacturers (OEMs) dominate the sales channel, as they prioritize safety and efficiency.
  • Asia Pacific Leads Growth: Asia Pacific is the leading region in the automotive steering system market, with China as its strongest market.
  • The growth of the automotive steering system market is closely tied to the sales and production of automotive vehicles.

NEXTEER ACHIEVES GLOBAL PRODUCTION MILESTONE OF 100 MILLION ELECTRIC POWER STEERING SYSTEMS - ENABLING FUEL EFFICIENCY & ADVANCED SAFETY, PERFORMANCE

Retrieved on: 
Wednesday, December 13, 2023

AUBURN HILLS, Mich., Dec. 13, 2023 /PRNewswire/ -- Today, Nexteer Automotive announced its global production milestone of 100 million electric power steering (EPS) systems – a key technology enabling fuel efficiency and advanced safety and performance.

Key Points: 
  • AUBURN HILLS, Mich., Dec. 13, 2023 /PRNewswire/ -- Today, Nexteer Automotive announced its global production milestone of 100 million electric power steering (EPS) systems – a key technology enabling fuel efficiency and advanced safety and performance.
  • Nexteer is a global leader of EPS – serving more than 60 customers around the world.
  • "Nexteer's EPS systems provide advanced safety and performance along with precise, predictable feel of the road.
  • Nexteer's EPS systems are currently featured in eight out of 10 full-size trucks in North America and two out of five small cars in Europe.

Nexteer Announces Date for First Half 2023 Financial Results Conference Call

Retrieved on: 
Friday, August 4, 2023

AUBURN HILLS, Mich., Aug. 4, 2023 /PRNewswire/ -- Nexteer Automotive (HK 1316), a global leading motion control technology company accelerating mobility to be safe, green and exciting, will hold a conference call to review Nexteer's first half 2023 financial results and other business updates on August 16, 2023 at 8:00 am EDT (8:00 pm Beijing Time).

Key Points: 
  • AUBURN HILLS, Mich., Aug. 4, 2023 /PRNewswire/ -- Nexteer Automotive (HK 1316), a global leading motion control technology company accelerating mobility to be safe, green and exciting, will hold a conference call to review Nexteer's first half 2023 financial results and other business updates on August 16, 2023 at 8:00 am EDT (8:00 pm Beijing Time).
  • To participate in the conference call:
    All registered participants will receive confirmation emails with dial-in numbers and a personal passcode to access the conference call.
  • Please dial in five minutes prior to the scheduled call start time.
  • The first half 2023 results slide presentation will be available on Nexteer's website under the Investor Relations section before the financial results call begins on August 16, 2023.

Global and China Intelligent Steering Key Components Market Report 2023: 4 Development Trends of Intelligent Steering Across Key Markets - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 6, 2023

The "Intelligent Steering Key Components Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Intelligent Steering Key Components Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Research on intelligent steering key components: four development trends of intelligent steering
    The automotive chassis consists of four major systems: transmission system, steering system, driving system and braking system, covering five major parts: drive, gearshift, brake, suspension and steering.
  • Wherein, the steering system passes through the development process from mechanical steering to hydraulic power steering to electric power steering.
  • Nowadays, as intelligent driving technology advances, intelligent steering, namely, electric power steering as an important part of intelligent chassis, is becoming widespread, and steer-by-wire that develops from electric power steering is also being applied.

Myers Industries Appoints Grant E. Fitz as Chief Financial Officer

Retrieved on: 
Monday, April 3, 2023

Myers Industries, Inc. (NYSE: MYE), today announced the appointment of Grant E. Fitz to the position of Executive Vice President and Chief Financial Officer (CFO), effective May 8, 2023.

Key Points: 
  • Myers Industries, Inc. (NYSE: MYE), today announced the appointment of Grant E. Fitz to the position of Executive Vice President and Chief Financial Officer (CFO), effective May 8, 2023.
  • “Grant’s proven track record as a leader who can drive profitable growth and execute transformational strategies made him a natural choice to serve as Myers’ Chief Financial Officer,” said Mike McGaugh, Myers Industries’ President and CEO.
  • His prior positions include Chief Financial Officer of Valassis, Corporate Vice President and Chief Financial Officer of Xerox Technology Business, and Chief Financial Officer of Nexteer Automotive.
  • Mr. Fitz also worked at General Motors in various financial and operational roles including Chief Risk Officer, Chief Financial Officer of GM Powertrain Europe, and Global Finance Director of the Mini, Compact, and Small Vehicle Programs.

Automotive Steering System Market is expected to generate a revenue of USD 44.14 Billion by 2030, Globally, at 4.5% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, January 24, 2023

The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.

Key Points: 
  • The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.
  • The improvement led to the switch from conventional to power assist steering for the steering system.
  • The "Global Automotive Steering System Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
  • The "Global Automotive Steering System Market" study report will provide valuable insight with an emphasis on the global market.

Automotive Steering System Market is expected to generate a revenue of USD 44.14 Billion by 2030, Globally, at 4.5% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, January 24, 2023

The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.

Key Points: 
  • The steering system of the automobile consists of the steering column, rack & pinion mechanism, universal joints, and hand-operated steering wheel.
  • The improvement led to the switch from conventional to power assist steering for the steering system.
  • The "Global Automotive Steering System Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
  • The "Global Automotive Steering System Market" study report will provide valuable insight with an emphasis on the global market.

Global Automotive Drive Shaft Market Report 2022 to 2027: Industry Trends, Share, Size, Growth, Opportunities and Forecasts

Retrieved on: 
Sunday, January 22, 2023

DUBLIN, Jan. 22, 2023 /PRNewswire/ -- The "Automotive Drive Shaft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 22, 2023 /PRNewswire/ -- The "Automotive Drive Shaft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global automotive drive shaft market size reached US$ 14.8 Billion in 2021.
  • What has been the impact of COVID-19 on the global automotive drive shaft market?
  • What is the structure of the global automotive drive shaft market and who are the key players?

Mullen Announces Key Hires Across EV Programs

Retrieved on: 
Thursday, January 26, 2023

BREA, Calif., Jan. 26, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a number of hires who have joined the Company across its commercial van and truck program and Mullen FIVE EV Crossover programs in support of aggressive EV portfolio growth plans.

Key Points: 
  • BREA, Calif., Jan. 26, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a number of hires who have joined the Company across its commercial van and truck program and Mullen FIVE EV Crossover programs in support of aggressive EV portfolio growth plans.
  • “It’s exciting to see the growth across our different teams and locations in California, Michigan, Indiana and Mississippi,” said David Michery, CEO and chairman of Mullen Automotive.
  • “Strategically, we have been adding very strong expertise coming from tier 1 suppliers, traditional OEMs and other EV start-ups.
  • These new hires include the following individuals:
    Dave Adkins - Chief of Class 3 Commercial Vehicles, formally Chief Engineer of Izuzu
    Raj Pai - Chief Engineer Commercial Vehicles, formally VP of Mahindra
    Paul Loewer - Senior Director, Product Planning and Product Marketing