Nexteer Automotive’s 2017 net profit up 19.4% y/y to USD352 million

News
Financial results

Company launched 32 new programs across multiple product lines, regions, and customers in 2017

Nexteer Automotive has reported a 19.4% year-over-year (y/y) increase in net profit to USD352 million for the financial year ended 31 December 2017, the US-based steering systems supplier said in a press release earlier this month.

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