Nexteer Automotive

Nexteer Automotive will officially commission a new electric power steering plant in Morocco on June 26, 2019. The factory, built on 18,000 m², is expected to create 500 jobs and is the company's 25th factory worldwide.

Nexteer Automotive announced a new 18,000 m² production facility in Kenitra, Morocco, for manufacturing electric power steering systems, with ground-breaking in March 2018 and production starting in 2019.

Nexteer Automotive started operations at a new 9,290 sq.m. manufacturing facility in Ciudad Juarez, Mexico, in late 2017, with plans to produce over 2.5 million steering columns and 1.4 million intermediate shafts per year.

Nexteer Automotive inaugurated a 9,290 square meter expansion at its Plant 61 in Ciudad Juárez, adding 120 workstations and over 350 jobs. Production of steering columns and intermediate shafts will start in late 2017.

Nexteer Automotive signed an agreement to form a joint venture with Dongfeng Motor Parts and Components Group to design and manufacture electric power steering systems for Dongfeng Motor Group and its affiliates. The joint venture will be equally owned.

Nexteer Automotive signed an agreement to form a joint venture with Dongfeng Motor Parts and Components Group to design and manufacture electric power steering systems for Dongfeng Group. The equally owned JV will be located near Dongfeng's headquarters in Wuhan, China, pending regulatory approval.

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.