Nexteer Automotive booked a record of US$4.2bn in revenue for the year to 31 December 2023.
The supplier claimed sales outpaced the market “despite ongoing challenges which intensified pressure on the company’s profitability, including supply chain disruptions, ongoing inflation and lingering economic impacts, as well as the 2023 United Autoworkers (UAW) strike in the US resulting in OEMs’ production schedule shifts”.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Neonode has won the Innovation Award for Driver Monitoring Softwarefor its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.