Nexteer Automotive

History

Nexteer's original predecessor was founded in 1906 in Saginaw, Michigan, USA under the name Jackson, Wilcox and Church. Their product was named the Jacox gear. In 1909, the unit was purchased by Buick and then was transferred to parent company General Motors as the Jackson, Church and Wilcox Division. The division was renamed Saginaw Product Company in 1919 and Saginaw Steering Gear Division in 1928. The trade name of Jacox was changed to Saginaw in 1930. In 1985, the name was changed from Saginaw Steering Gear Division to Saginaw Division. The Saginaw Division was later grouped with other GM component units into Automotive Components Group, before becoming Delphi Automotive Systems in 1995. In 1999, Delphi Automotive became an independent company. Saginaw Division was renamed Delphi Steering.

Nexteer

With Delphi entering a lengthy bankruptcy proceeding, GM purchased Delphi Steering through their subsidiary, GM Global Steering Holdings LLC, in 2009 and renamed the company, Nexteer Automotive. GM moved to have the union change their contract with Nexteer in order to prepare the company for a sale as Nexteer had multiple customers besides GM. After the first offered agreement, GM warned the employees that this may hamper finding a buyer; the results being that GM may just shut Nexteer down. A second agreement was ratified by the union. Nexteer was acquired by Pacific Century Motors on November 29, 2010. After the purchase, Nexteer was split into two separate companies.

Nexteer originally was going to go public on the Hong Kong Stock Exchange in June 2013, but the IPO was delayed until October 2013.

The company relocated its headquarters to Auburn Hills, Michigan in 2015.

Technology

History

• 1906: Manual Steering
• 1951: Hydraulic Assisted Steering
• 1960s: Tilt-Wheel Steering Columns, Front-Wheel Drive Halfshafts, Energy-Absorbing Column
• 1970s: Air Bag Column, First Rack and Pinion Gear
• 1980s: Global Engineering
• 1995: Speed Variable Assist, Electric Power Steering
• 1999: Power Tilt Telescope Column, Quadrasteer
• 2004: Active Energy-Absorbing Column, Tri-Glide Halfshaft Joint
• 2009: Single Pinion Electric Power Steering
• 2010: World’s first 12-Volt Electric Power Steering Systems
• 2011: Full Size Truck Rack Electric Power Steering and CrossGlide Joint
• 2013: Magnetic Torque Overlay
• 2017: CNXMotion, a joint venture between Nexteer & Continental
• 2018: Advanced Steering Technology Suite, including Steer-by-Wire
• 2022: Dissolving of joint venture Dongfeng Nexteer
• 2023: Dissolving of CNXMotion and eDrive product line

Products

• Steering Systems: active steering, electric power steering, hydraulic power steering and torque overlay
  • Electric Power Steering: Since 1999, Nexteer Automotive has put more than 70 million EPS units on the road.
• Steering Components: columns; electronics, modules & sub-assemblies; intermediate shafts.
• Driveline Products: front-wheel drive halfshafts, rear-wheel drive halfshafts, intermediate drive shafts, propeller shaft joints, advanced technology.
• Assisted & Automated Driving Enablers

References

References

1. "Nexteer Automotive Inc.:Private Company Information". Bloomberg.
2. "Nexteer Global Leadership".
3. "Nexteer Annual Report 2022".
4. "Financial Reports".
5. "Nexteer Automotive – A Leader in Intuitive Motion Control {{!}} Locations".
6. "GM Heritage, Generations of GM History, Saginaw Steering".
7. (2 February 2015). "Nexteer Automotive: A century of automobile steering success". MLive.
8. Bunkley, Nick. (29 November 2010). "G.M. Sells Parts Maker to a Chinese Company". New York Times.
9. (2009-03-04). "GM buys Delphi steering operations".
10. Lynch-Morin, Kathryn. (July 8, 2010). "New chapter begins today for Saginaw's Nexteer after purchase by Chinese auto-parts maker announced". The Saginaw News.
11. (June 5, 2013). "Nexteer may launch IPO in June". Meredith Corporation.
12. "Annual Report 2013". Nexteer Automotive.
13. (May 6, 2019). "Layoffs looming at Nexteer Automotive has local officials, businesses concerned". MLive Media Group.
14. "Nexteer Automotive Provides World's 1st 12-Volt Electric Power Steering Systems in 2011 Ford F-150". Nexteer Automotive.
15. "Electric Power Steering reaches production milestone". Nexteer Automotive.
16. "Nexteer About".
17. "Nexteer Locations".