CHINA: Higher costs hit power steering maker
Power steering specialist China Automotive Systems boosted third quarter net sales 18.4% year on year to US$36.9m as sales of steering components for passenger and light-duty increased 22% to $24.6m. Net income rose 7.2% to $2.8m.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable