Adjusted for unfavourable foreign currency translation and reduced commodity recoveries, the firm’s revenue grew by 2.5%.
The RWS system is particularly beneficial for heavier vehicles with long wheelbases, such as trucks, SUVs, and EVs.
During this period, Nexteer's above market revenue growth was driven by strong conquest wins of new customer business over several years, as well as continued momentum with leading Chinese OEMs ...
JPMorgan upgraded Nexteer Automotive (NTXVF) to Overweight from Neutral with a price target of HK$8, up from HK$5.50. The firm believes the ...
NEXTEER (01316.HK) opened 3.45% higher today (20th), stimulated by a 68% incline in 2024 profit and dividend hike. The stock ...
Ladies and gentlemen, welcome to Nexteer Automotive Group Limited 2024 Annual Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. After today's ...
Nexteer Automotive has launched a new rear-wheel steering (RWS) system, designed to enhance the driving experience. The system, which is particularly beneficial for heavier vehicles with long ...