Nexteer Automotive Risk Report
Explore Nexteer Automotive across six non‑financial risk dimensions:ESG, Workforce, News & Media, Cybersecurity, Legal & Regulatory, Operational. Unlock the full report, original sources and timelines, and enable continuous monitoring.
Summary
⚖️ Legal & Regulatory
Nexteer Automotive has faced legal challenges recently, which may impact its operations. A noteworthy case involves a contract dispute with a South Korean company. Such legal issues highlight potential risks related to compliance and can have financial repercussions or affect stakeholder relationships.
- Nexteer was in court regarding a contract dispute with a South Korean company 🗓 April 17, 2025.
👥 Labor & Workforce
Nexteer Automotive is currently undergoing significant workforce restructuring, which includes layoffs at multiple facilities. With a total of 80 jobs affected, these layoffs could have a substantial impact on local economies, especially in Michigan, where the company has a significant presence. Employees and community leaders are likely concerned about the long-term implications of these job cuts.
- Nexteer confirmed layoffs affecting 80 workers across Michigan's Buena Vista Township and Auburn Hills facilities 🗓 May 14, 2025.
- Layoffs in Buena Vista Township and Auburn Hills resulted in job cuts for 80 workers 🗓 May 16, 2025.
- The company confirmed job cuts affecting 80 employees in May, emphasizing ongoing operational adjustments 🗓 May 14, 2025.
📜 Innovation & R&D
Nexteer Automotive continues to innovate with significant advancements in its product offerings. The company has introduced a brake-by-wire system and rear-wheel steering, enhancing its technological capabilities in the automotive industry. These developments demonstrate Nexteer’s commitment to evolving its product lineup in anticipation of future market demands.
- Nexteer unveiled an advanced brake-by-wire system 🗓 April 16, 2025.
- The company introduced its new brake-by-wire system to OEMs 🗓 April 21, 2025.
- Nexteer launched a rear-wheel steering system, showcasing its innovative edge 🗓 March 17, 2025.
Profile
News & Media
Real‑time aggregation of trusted sources tracking company‑related events with sentiment and topic tags for rapid risk triage.
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View Full ReportEntity List
Continuous third‑party screening across global sanctions, enforcement, and watchlist sources with unified entity resolution and real‑time alerts.
| Name | Issuer | Status |
|---|---|---|
| ACF List of War Enablers | Anti-Corruption Foundation | |
| African Development Bank Debarred Entities | African Development Bank Group | |
| Argentina Members of Parliament | Honorable Cámara de Diputados de la Nación Argentina | |
| Argentina RePET Sanctions | Ministerio de Justicia | |
| Armenia Public Officials and Associates | Hetq Online | |
| Asian Development Bank Sanctions | Asian Development Bank | |
| Australian Sanctions Consolidated List | Department of Foreign Affairs and Trade | |
| Democratic People's Republic Of Korea (North Korea) Sanctions Regime | Department of Foreign Affairs and Trade | |
| Former Federal Republic Of Yugoslavia Sanctions Regime | Department of Foreign Affairs and Trade | |
| Iran Sanctions Regime | Department of Foreign Affairs and Trade |
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View Full ReportESG
Verification of declared ESG commitments and certifications with evidence links, score signals, and status updates across E, S, and G.
| Name | Status |
|---|---|
| Sustainable Finance Disclosure Regulation | |
| Global Reporting Initiative Standards | |
| EU Taxonomy Regulation | |
| EU Corporate Sustainability Reporting Directive | |
| California Transparency in Supply Chains Act | |
| EU Non-Financial Reporting Directive | |
| ISO 14001 | |
| Sustainability Accounting Standards Board Standards | |
| Task Force on Climate-related Financial Disclosures | |
| UN Guiding Principles on Business and Human Rights |
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View Full ReportCybersecurity
Verification of adherence to recognized security standards, mapping control coverage and gaps affecting third‑party and supply‑chain risk.
| Certification | Status |
|---|---|
| General Data Protection Regulation | |
| Digital Operational Resilience Act | |
| Cybersecurity Maturity Model Certification | |
| NIST Cybersecurity Framework | |
| NIST 800-53 Revision 5 | |
| California Consumer Privacy Act | |
| ISO/IEC 27001 | |
| Health Insurance Portability and Accountability Act | |
| Payment Card Industry Data Security Standard | |
| Federal Information Security Modernization Act |
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