Nexteer Automotive

Stoneridge Appoints Sal Orsini to Chief Procurement Officer Position, Announces New Operations Organizational Structure

Retrieved on: 
Tuesday, July 5, 2022

In this new role, Orsini will have responsibility for all aspects of the company's global procurement organization, including purchasing, supplier quality and global supply chain strategy.

Key Points: 
  • In this new role, Orsini will have responsibility for all aspects of the company's global procurement organization, including purchasing, supplier quality and global supply chain strategy.
  • Most recently, he was the vice president, global chief supply management officer at Nexteer Automotive.
  • "Kevin's expertise and leadership has been integral in driving Stoneridge through the recent and continuing unprecedented global supply chain climate.
  • With this move, Archie Nimmer, vice president of operations, will continue to lead global operations while reporting directly to DeGaynor.

Nexteer and Continental Joint Venture CNXMotion Expands Brake-to-Steer Technology with New Software Functions

Retrieved on: 
Monday, May 23, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220523005201/en/
    Continental and Nexteer's joint venture with CNXMotion expands brake-to-steer technology to enhance safety redundancies.
  • Brake-to-Steers expanded software functions highlight how collaboration through our CNXMotion joint venture with Continental leads to innovation in motion control solutions and further enhances the steering safety net for all assisted and automated driving levels, said Robin Milavec, President, Chief Technology Officer (CTO), Chief Strategy Officer (CSO) and Executive Board Director, Nexteer Automotive.
  • CNXMotion was established as a joint venture between Continental and Nexteer Automotive in 2017 to innovate motion control solutions for advanced applications and accelerate R&D activities for the parent companies.
  • Our innovative product and technology portfolio includes electric and hydraulic power steering systems, steer-by-wire systems, steering columns and intermediate shafts, driveline systems, eDrive and software solutions.

Nexteer Reports Full Year 2021 Financial Results

Retrieved on: 
Wednesday, March 16, 2022

AUBURN HILLS, Mich., March 16, 2022 /PRNewswire/ -- Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2021.

Key Points: 
  • AUBURN HILLS, Mich., March 16, 2022 /PRNewswire/ -- Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2021.
  • Nexteer reported 2021 revenue of US$3.359 billion which represented a 10.8% increase when compared with 2020.
  • Nexteer 2021 financial performance was significantly impacted by the various cost headwinds and customer production and operating challenges experienced across the broader automotive supply chain.
  • Nexteer reported full year 2021 operating profit of US$115.2 million and net profit attributable to equity holders of 2021 was US$118.4 million, which was 1.4% higher when compared with a year ago.

Nexteer Automotive Launches eDrive Product Line

Retrieved on: 
Wednesday, March 16, 2022

AUBURN HILLS, Mich., March 16, 2022 /PRNewswire/ -- Nexteer Automotive announces a new eDrive product line with the launch of a 48-volt Integrated Belt-Driven Starter Generator (iBSG) that hybridizes conventional internal combustion engine (ICE) vehicles.

Key Points: 
  • AUBURN HILLS, Mich., March 16, 2022 /PRNewswire/ -- Nexteer Automotive announces a new eDrive product line with the launch of a 48-volt Integrated Belt-Driven Starter Generator (iBSG) that hybridizes conventional internal combustion engine (ICE) vehicles.
  • The launch of Nexteer's eDrive product line combines decades of experience and technical expertise from existing product lines such as Electric Power Steering Systems (EPS) and Driveline.
  • said Jun Li, President of Nexteer's Asia Pacific Division and Global Vice President of the eDrive Product Line.
  • "The launch of our eDrive product line enhances Nexteer's ability to help OEMs meet fuel efficiency and emissions regulations which vary among global markets.

Nexteer Automotive & Tactile Mobility Announce Advanced Road & Tire Detection Software to Improve Vehicle Health Management, Safety & Performance

Retrieved on: 
Monday, March 14, 2022

This solution is part of the vehicle's steering system and will enhance the connection among driver, vehicle and road through new, advanced road and tire detection software.

Key Points: 
  • This solution is part of the vehicle's steering system and will enhance the connection among driver, vehicle and road through new, advanced road and tire detection software.
  • It does this by integrating Tactile Mobility's virtual sensors and algorithms into Nexteer's electric power steering (EPS) system and software.
  • Nexteer and Tactile Mobility's advanced road detection software ensures this important safety feedback by giving a "sense of feel" to the vehicle increasing levels of safety and redundancy across all levels of autonomous driving.
  • In addition to road surface detection, the new software and virtual sensors measure tire parameters and health, which is connected to overall vehicle health management.

Nexteer Automotive & Tactile Mobility Announce Advanced Road & Tire Detection Software to Improve Vehicle Health Management, Safety & Performance

Retrieved on: 
Monday, March 14, 2022

AUBURN HILLS, Mich., March 14, 2022 /PRNewswire/ -- Nexteer Automotive and Tactile Mobility have announced a software solution to improve overall vehicle health management, safety and performance by detecting changing road surfaces (wet, dry, icy, etc.)

Key Points: 
  • AUBURN HILLS, Mich., March 14, 2022 /PRNewswire/ -- Nexteer Automotive and Tactile Mobility have announced a software solution to improve overall vehicle health management, safety and performance by detecting changing road surfaces (wet, dry, icy, etc.)
  • This solution is part of the vehicle's steering system and will enhance the connection among driver, vehicle and road through new, advanced road and tire detection software.
  • Nexteer and Tactile Mobility's advanced road detection software ensures this important safety feedback by giving a "sense of feel" to the vehicle increasing levels of safety and redundancy across all levels of autonomous driving.
  • In addition to road surface detection, the new software and virtual sensors measure tire parameters and health, which is connected to overall vehicle health management.

Nexteer Automotive & Tactile Mobility Announce Advanced Road & Tire Detection Software to Improve Vehicle Health Management, Safety & Performance

Retrieved on: 
Monday, March 14, 2022

This solution is part of the vehicle's steering system and will enhance the connection among driver, vehicle and road through new, advanced road and tire detection software.

Key Points: 
  • This solution is part of the vehicle's steering system and will enhance the connection among driver, vehicle and road through new, advanced road and tire detection software.
  • It does this by integrating Tactile Mobility's virtual sensors and algorithms into Nexteer's electric power steering (EPS) system and software.
  • Nexteer and Tactile Mobility's advanced road detection software ensures this important safety feedback by giving a "sense of feel" to the vehicle increasing levels of safety and redundancy across all levels of autonomous driving.
  • In addition to road surface detection, the new software and virtual sensors measure tire parameters and health, which is connected to overall vehicle health management.

North America Automotive Steering System Market to 2028 - Growing Number of Electric Vehicles Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 4, 2022

The "North America Automotive Steering System Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Automotive Steering System Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
  • As per this report, the North America automotive steering system market is anticipated to develop with a CAGR of 4.19% by revenue, during the forecast period between 2021 and 2028.
  • Also, according to Nexteer Automotive, a leading automobile steering manufacturing company in North America, R-EPS captures over 90% of the full-size truck market in the region.
  • The dominant players in the automotive steering system market are Mitsubishi Electric Corporation, Denso Corporation, JTEKT Corporation, Robert Bosch GmbH, Honda Motor Company, and Nexteer Automotive Corporation.

Global Sector Overview and Forecast Automotive Steering Systems (Q3 2021 Update) - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 21, 2021

EPS systems effectively eliminate the traditional hydraulic system's power steering pump, hoses, hydraulic fluid, drive belt and pulley on the engine.

Key Points: 
  • EPS systems effectively eliminate the traditional hydraulic system's power steering pump, hoses, hydraulic fluid, drive belt and pulley on the engine.
  • Because electric steering systems operate under computer control, steering feel can be tuned through software, enabling integration with other electronically controlled technologies such as electronic stability control braking systems.
  • Automotive OE steering systems (Manual, Hydraulic Powered, Electric Powered Hydraulic, Electric Powered) fitment and market size data for the top 14* markets.
  • Gain a quick overview of the Automotive Steering Systems sector globally.

Q4 2021 Update on the Global Automotive Steering Systems Market - Size, Trends, Shares and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Friday, December 10, 2021

The "Automotive Steering Systems - Global Market Size, Trends, Shares and Forecast, Q4 2021 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Steering Systems - Global Market Size, Trends, Shares and Forecast, Q4 2021 Update" report has been added to ResearchAndMarkets.com's offering.
  • EPS systems effectively eliminate the traditional hydraulic system's power steering pump, hoses, hydraulic fluid, drive belt and pulley on the engine.
  • Automotive OE steering systems (Manual, Hydraulic Powered, Electric Powered Hydraulic, Electric Powered) fitment and market size data for the top 14* markets.
  • A review of the latest technological developments and market trends (including dual-pinion EPS systems, column-mounted systems, modular steering columns, sensor technology, wheel-locking mechanisms, car steering wheels).