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Nexteer Automotive and Continental form joint venture for motion control systems · Endata

◂ Announcements

Jan 10, 2017ACQUISITION

Nexteer Automotive and Continental form joint venture for motion control systems

Nexteer Automotive and Continental have agreed to form a 50-50 joint venture focused on electronic steering and braking systems for automated driving. The JV will focus on R&D activities.

Status

Announced

Productselectronic steering systemselectronic braking systemsmotion control systems

CompaniesContinental partner Nexteer Automotive partner

Sectors#Automotive Components

“Nexteer Automotive and Continental announced during a press conference at the North American International Auto Show their agreement to form a joint venture focused on the advancement of motion control systems and actuator components for automated driving.”prnewswire.com

1 source
prnewswire.comNexteer Automotive and Continental Announce Joint Venture in Motion Control SystemsContinentalJan 10, 2017

Summarized from public sources; check the original articles before acting on it.

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