In this paper the effects of suspension design parameters on the steady-state cornering performance of vehicles are studied. To investigate the understeer characteristics of vehicles, steady-state cornering equatons are derived from a two-track model which is expanded from a simple one track model. The effects of the suspension design parameters as well as those of lateral load transfer are taken into consideration. To verify the equation, a skid pad test was carried out with a domestic passenger car. The design parameters of the vehicle are measured using a Suspension Parameter Measuring Device(SPMD). Based on these results, parameter studies are carried out to determine the effect of design parameters on the cornering performance of a vehicle, both in low and high acceleration region.