Nexteer - Reasonable Valuations, Decent Discount. Large Size Versus ADV the Only Worry
Dongfeng Asset Management plans to raise US$71m by selling its 2.8% stake in Nexteer Automobiles. Dongfeng has been a shareholder since its was a...
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Nexteer Automotive (1316 HK)
Nexteer Automotive (1316 HK)
45
Analysis
Consumer Discretionary • United States
Nexteer Automotive is a global leader in motion control technologies, specializing in the design, manufacture, and distribution of advanced steering and driveline systems, including electric and hydraulic power steering, steer-by-wire, and software solutions for the automotive industry. The company serves over 60 original equipment manufacturers worldwide. Headquartered in Auburn Hills, Michigan, United States, Nexteer Automotive was founded in 1906.
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