Driven by Growth with China OEMs, Technology Leadership & Strategic Expansion
AUBURN HILLS, Mich., Aug. 13, 2025 /PRNewswire/ — Nexteer Automotive (HK 1316) today announced its first-half 2025 results, highlighting above-market revenue growth, strategic customer wins and strategic expansion of its global footprint and technology portfolio. Revenue for the period was $2.2 billion, up 7% compared with the first half of 2024. Nexteer continued growth momentum with China domestic OEMs (COEMs), with approximately US$0.6 billion, or 39%, of bookings generated by our COEMs’ business. Total bookings for 1H 2025 bookings were US$1.5 billion.
“Nexteer continues to outperform the market by delivering innovation, securing strategic programs and investing in operational excellence, even amid ongoing volatility in global vehicle production,” said Robin Milavec, President, Chief Technology Officer (CTO), Chief Strategy Officer (CSO), and Executive Board Director, Nexteer Automotive. “We remain confident in our ability to sustain momentum and deliver long-term value for our customers and stakeholders.”
First Half 2025 Financial Results
In the first half of 2025, Nexteer delivered strong financial performance with revenue of US$2.2 billion, representing a 7% year-over-year increase, outpacing the market by 450 basis points. Adjusted EBITDA for the first six months of 2025 was US$230.4 million, an increase of US$33.1 million or 16.8% compared to the same period in 2024. The improved profitability was driven by higher volumes, enhanced …