CURRENT AS OF DECEMBER 14, 2012 About Us
About Us
Nexteer Automotive is a global leader in advanced steering and driveline systems. Nexteer’s in-house development and integration of hardware, software and electronics gives the company an unmatched competitive advantage as a full service steering supplier.
Nexteer draws upon a 100-year heritage of vehicle integration expertise and product workmanship. The company has a strong foundation and a reputation for providing dependable steering solutions and enduring customer relationships.
Nexteer Automotive provides real-world, vehicle-level thinking that’s always ahead of the curve.
Ø Customer Focused: Respected and trusted for delivering on promises
Ø Innovative: Market leader in steering and driveline innovation
Ø Agile: Able to respond quickly with high-quality, cost-effective solutions
Ø Proactive: We know and understand customer requirements
Ø Experienced: Known for providing demonstrated high performance in our custom engineered systems for every application
Ø Global: Committed to exceeding customer and vehicle needs every time, everywhere
CURRENT AS OF DECEMBER 14, 2012
History
100-YEAR HISTORY
Ø 1906 – Founded as Jackson, Church & Wilcox Co. Ø 1909 – The Jackson, Church and Wilcox business was purchased by Buick Ø 1917 – The Saginaw Gear Plant separated from Buick and became the Jackson, Church and Wilcox Division, the first GM parts manufacturing division Ø 1928 – Saginaw Steering Gear created as GM division Ø 1999 – The steering operations becomes a major business division in the newly created Delphi Corporation Ø 2009 – Delphi’s global steering operations are sold to GM and renamed Nexteer Automotive Ø 2010 – GM sold Nexteer to China-based Pacific Century Motors
SIGNIFICANT TECHNOLOGY MILESTONES
Ø 1906 – Manual Steering Ø 1951 – Hydraulic Assisted Steering Ø 1960s – Tilt-Wheel Steering Columns, Front-Wheel Drive Halfshafts, Energy- Absorbing Column Ø 1970s – Air Bag Column, First Rack and Pinion Gear Ø 1980s – Global Engineering Ø 1995 – Speed Variable Assist, Electric Power Steering Ø 1999 – Power Tilt Telescope Column, Quadrasteer Ø 2004 – Active Energy-Absorbing Column, Tri-Glide Halfshaft Joint Ø 2009 – Single Pinion Electric Power Steering Ø 2010 – 12-Volt High-Output Rack Electric Power Steering for the full-size pickup truck and SUV segment
CURRENT AS OF DECEMBER 14, 2012
Fact Sheet
COMPANY PROFILE Ø A diverse global customer base and a market position as a leader in advanced steering and driveline technology Ø Focus on electric power steering (EPS), a green technology that offers automakers increased fuel economy and reduced emissions Ø Since 1999, Nexteer Automotive has put more than 20 million EPS units on the road, saving more than 2.0 billion gallons of fuel
GLOBAL FOOTPRINT Ø World Headquarters: Saginaw, Mich. Ø Manufacturing Plants: 20 Ø Regional Engineering: 5 Ø Local Customer Service Centers: 10 Ø Vehicle Performance Centers: 3
GLOBAL WORKFORCE: 10,000 Ø Global Salaried: 2,700 Ø Global Hourly: 7,300
U.S. WORKFORCE: 4,200 Ø U.S. Salaried: 1,500 Ø U.S. Hourly: 2,700
GLOBAL CUSTOMERS: 60+, including GM, Ford, Chrysler, Fiat, Toyota, PSA Peugeot Citroen and manufacturers in India, China and South America
PRODUCTS: Ø Electric Power Steering Ø Hydraulic Power Steering Ø Steering Columns Ø Driveline and Halfshafts
REVENUE: $2.2 billion in 2011
CURRENT AS OF DECEMBER 14, 2012
Products
ELECTRIC POWER STEERING Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicle personality and performance.
We understand the critical nature of steering in the driving experience.
Nexteer Automotive’s EPS systems are designed for customer value. In addition to reduced gas emissions, customers benefit from a simplified manufacturing process that reduces proliferation, and a single mechanism design that reduces OEM assembly time.
Our unparalleled customer commitment has made Nexteer Automotive a strong, competitive global steering supplier, producing more than three million electronic power steering units every year for a full range of vehicles. As a leader in product performance and value, we offer:
• A complete EPS portfolio • Brushless motor technology for high efficiency and improved steering • Active steering features for precise, predictable steering feel • Non-contacting position sensor that provides CAN output and (optional) absolute position for body/chassis integration • Flexible tuning software, which allows for rapid design iterations • Full design control of all electronics for high reliability and rapid, flexible design changes • Nexteer Automotive provides a complete system integration capability for superior performance and reliability; including column, intermediate shaft, and steering gear, as well as EPS motor, sensor, controller, and assist mechanism.
HYDRAULIC POWER STEERING Nexteer Automotive has a century-long track record of bringing new, high- value steering solutions to the market, including the first hydraulic power steering (HPS) system, launched in 1951. Since then, we’ve sold more than 100 million HPS systems worldwide.
Nexteer Automotive’s HPS systems are regarded among the industry’s best for improved handling, safety and efficiency.
CURRENT AS OF DECEMBER 14, 2012 Products
Our wheel-to-wheel expertise has made Nexteer Automotive a recognized global leader in advanced technologies, premium steering feel, vehicle-tuned integration and flexibility. Nexteer Automotive’s complete HPS system supply and vehicle integration offers customers:
• Proven global leadership in the design and vehicle integration of HPS systems • Global engineering and manufacturing capability in North and South America, Europe and Asia • World-class noise and product validation testing facilities
High-performance systems include; low friction, custom response and improved linearity.
STEERING COLUMNS From driver-focused convenience to customer-tailored solutions, Nexteer Automotive’s stable of steering column products combines versatility, multiple functionalities and advanced engineering to help automakers meet evolving consumer, regulatory and environmental requirements.
The steering column connects the driver to the vehicle in a way no other component does.
Now, with the market shifting to modules and systems, as well as an increased use of electronics, Nexteer Automotive is ready with a suite of customer-focused steering column options that include:
• A customizable selection of energy-absorbing load, distance and dynamics • A column airbag system for enhanced driver crash protection • Integration capabilities for switches, sensors and control functions • Anti-theft systems • Electronic column lock • Actuators • Controllers • Sensors
CURRENT AS OF DECEMBER 14, 2012 Products
DRIVELINE AND HALFSHAFTS Nexteer Automotive driveline products fill the important role of transmitting torque at constant velocity within various driveline geometries.
With more than 40 years of experience in this critical product area, Nexteer Automotive has established a proven track record of performance, durability and value across our wide product portfolio.
Customer service and value are the priorities of our driveline team. Whether it’s our unmatched vehicle integration capabilities, custom engineered driveline products or minimizing vehicle disturbances, our goal is to exceed our customers’ demands.
From halfshafts to constant velocity joints, Nexteer Automotive products are designed for enhanced passenger comfort, reduced weight and improved fuel economy while delivering superior warranty performance.
CURRENT AS OF DECEMBER 14, 2012 Leadership
Nexteer Automotive is driven by a global leadership team dedicated to building on the company’s strong heritage of engineering and manufacturing performance. Nexteer Automotive provides advanced steering and driveline solutions and is led by President and Chief Operating Officer, Laurent Bresson and his committed management team..
Laurent Bresson President and Chief Operating Officer
Laurent Bresson was named president of Nexteer Automotive in June 2012 and now leads the Nexteer Strategy Council. He is dedicated to continuing the company’s global success and is charged with leading a talented executive staff, supported by experienced management teams and a committed workforce.
Prior to his current position, Bresson was senior vice president and chief operating officer, responsible for managing day-to- day global activities of the company’s divisional and product groups, including global sales. In addition, Bresson has held the position of vice president, global sales and marketing, European region, and was responsible for all activities in Australia, India, Korea, Mexico, Brazil and Europe. He was first given global responsibility in 2009 and has previously held various positions in engineering, project management and sales for several Delphi divisions as well as various sales positions at Nexteer. Prior to joining Delphi, Bresson worked in Germany for Continental-Siemens in Engine Management.
Bresson has played a leading role in aggressively expanding Nexteer’s customer base to more than 60 automotive manufacturers around the world. He has lived in the UK, France, Germany and the U.S. and has extensive international operational experience overseeing the launch of numerous high volume, global customer programs.
Bresson holds a masters of science in instrumentation from the University Institute of Manchester (UK), a masters of science in instrumentation from the Higher Engineering School in Caen (Ensicaen, France) and a master in business administration from the University of Caen.
CURRENT AS OF DECEMBER 14, 2012 Leadership
Mike Gannon Chief Operation Officer Saginaw Division, Senior Vice President, Chief Human Resources Officer Mike Gannon is chief operating officer of the Saginaw Division, senior vice president, chief human resources officer for Nexteer Automotive and a member of the Nexteer Strategy Council. Under his current position, Gannon is responsible is responsible for all operations, including labor and manufacturing at Nexteer’s world headquarters in Saginaw Mich. In addition, Gannon is responsible for the proper staffing, training, policies and procedures for all global operations. In addition, he oversees Nexteer’s public affairs, including internal and external communications as well as government and community relations. Gannon began his career at General Motors in 1973 as a co-op with Oldsmobile and was vice president of personnel for General Motors Europe before joining Delphi.
Joe Perkins Senior Vice President and Chief Financial Officer Joe Perkins is senior vice president and chief financial officer for Nexteer Automotive and a member of the Nexteer Strategy Council. Under his current position, Perkins is responsible for managing business performance across Nexteer’s global enterprise with a focus on driving profitable growth in all product lines and regions. Additionally, he maintains a strong focus over key compliance and liquidity management activities. He began his career with General Motors in 1991 as a financial analyst with Cadillac and held multiple positions of increasing responsibility with both General Motors and Delphi.
CURRENT AS OF DECEMBER 14, 2012 Leadership
Mike Richardson Senior Vice President, Chief Technology Officer, China Chairman and Driveline Chairman Mike Richardson is senior vice president, chief technology officer, China chairman and driveline chairman for Nexteer Automotive and a member of the Nexteer Strategy Council. Under his current position, Richardson is focused on scientific and technological issues at Nexteer as well as strategic planning. In addition, he is the company’s China chairman and is responsible for mergers and acquisitions as well as investments. He began his automotive career with General Motors in 1974 as a co-op at the former Saginaw Steering Gear Division.
Sergio Rodriguez Senior Vice President Organizational Effectiveness Sergio Rodriguez is senior vice president of organizational effectiveness and a member of the Nexteer Strategy Council. Under his current position, Rodriguez is responsible for making sure Nexteer is on track to meet its performance metrics for all global operations and business units. He began his automotive career in 1991 as a quality engineering student at the GM Ramos Arizpe-Mexico Assembly Plant.
Ileana Simplicean Senior Vice President and General Counsel
Ileana Simplicean is senior vice president and general counsel for Nexteer Automotive and a member of the Nexteer Strategy Council. Under her current position, Simplicean is responsible for all of Nexteer’s legal affairs worldwide. She is a multilingual corporate attorney with over 17 years of experience in the U.S. and the Europe, Middle East and Africa region (EMEA). Simplicean joined Nexteer from Delphi Corp. where she was most recently senior corporate counsel for Delphi EMEA. She is admitted to the New York Bar and Paris Bar.
CURRENT AS OF DECEMBER 14, 2012 Media Contacts
Global and U.S. media inquiries Luis Canales Phone: 989 757 3086 Email: [email protected]
China Elaine Xu Phone: +86 21 22157162 Email: [email protected]
Europe Sandrine Fallet Phone: + 33 6 8607 7201 Email: [email protected]
Mexico Claudia Larrauri Phone: +52 442 2 11 52 00 ext. 5809 Email: [email protected]
South America Jeferson Félix de Oliveira Phone: +55 51 3373 7510 Email: [email protected]
CURRENT AS OF DECEMBER 14, 2012