Nexteer Produces 60 Millionth Electric Power Steering System

/ -- Nexteer Automotive, a global leader in intuitive motion control, announced today its production milestone of 60 million electric power steering (EPS) systems globally - which adds up to significant fuel savings around the world.

The amount of fuel saved from 60 million EPS system would fill more that 6 billion gallons
"Nexteer's EPS systems provide reliable steering control in all driving conditions, while reducing fuel consumption and emissions," said Tao Liu, Senior Vice President and Global Chief Operating Officer, Nexteer Automotive. "Our 60 millionth EPS production milestone comes just 14 months after our 50 millionth milestone. This is a testament to our continued global expansion with new customers and new markets."
"Nexteer is currently the number one EPS supplier in North America and number three globally. We serve more than 60 customers around the world," said Liu. "Nexteer's EPS market growth can be attributed to the depth and breadth of our EPS product portfolio, our global manufacturing footprint, as well as our in-house ownership of design, testing, manufacturing and quality program execution."
EPS as Key ADAS Enabler
"It's an exciting time in our industry, and we're proud to be part of the evolving role steering plays for today's vehicles and for an automated future," said Steve Spicer, Vice President of Global EPS, Nexteer Automotive. "Nexteer's High Availability EPS system is part of our comprehensive technology suite that delivers advanced safety and performance. By integrating back-up hardware and software designs, our High Availability EPS ensures the safety net is always on."
ABOUT NEXTEER
Nexteer Automotive (HK 1316), a global leader in intuitive motion control, is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems, as well as advanced driver assistance systems (ADAS) and automated driving technologies for original equipment manufacturers (OEMs). The company has 25 manufacturing plants, three technical centers and 14 customer service centers strategically located in North and South America, Europe and Asia. The company serves more than 60 customers in every major region of the world including BMW, Fiat Chrysler, Ford, GM, PSA Group, Toyota and VW, as well as automakers in India and China. www.nexteer.com
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