China Automotive Systems


All the very latest information about China Automotive Systems in one place. The latest China Automotive Systems business news, analysis, comment and interviews, all from our automotive industry experts at just-auto.

Latest news


CAAS to supply EPS for Great Wall’s Ora R150

8 March 2019


CAAS and Hyoseong Electric join to produce electric motors for EPS

3 January 2019

China Automotive Systems (CAAS) has announced it has entered into a joint venture agreement with Hyoseong Electric to design, manufacture and sell electric motors for automotive electric power steering systems ("EPS").


China Automotive Systems secures major deals in Europe and India

18 December 2018

China Automotive Systems, a leading power steering components and systems supplier in China, announced it has reached a series of milestones for electronic power steering ("EPS") and mechanic steering gears ("MSG") in different international markets in 2018.


CAAS and Japan KYB team on electric steering systems JV

25 September 2018


China Automotive Systems third quarter sales up 25.2%

9 November 2017

China Automotive Systems said third quarter sales increased 25.2% to $118.4m, compared to $94.6m in the same quarter of 2016. This increase was mainly due to higher volumes of traditional steering products to autos and heavy-duty vehicles in China. Also, new products drove higher sales to the company's North American customers.


China Automotive Systems boosts profits

10 August 2017

Power steering supplier China Automotive Systems said second quarter sales increased 16.5% year on year to US$117.7m from $101.0m in the second quarter of 2016 while operating income rose 109.8% to $11.1m with an operating margin of 9.4% compared with 5.2%.


Steering specialist sees Q1 improvement

11 May 2017

Power steering systems supplier China Automotive Systems booked sales and margin improvements in the first quarter ended 31 March, 2017.


CAAS to supply EPS for FCA's all-new C-SUV

18 November 2016


China Automotive Systems sees growth despite lacklustre economy

10 November 2016

Power steering maker China Automotive Systems said Q3 sales increased 4.2% to $94.6m, compared to $90.8m in the third quarter of 2015.


China Automotive Q2 2016 global sales down 7.5%

12 August 2016


China Automotive Q1 net income down to US$5.7m

13 May 2016

China Automotive Systems (CAAS) has unveiled first quarter net income down from US$8.5m to US$5.7m, while net sales fell 5.5% to US$116.9m.


CHINA: China Automotive Systems’ net income down 45.41% to US$4.38m in Q3/2015

13 November 2015


CHINA: China Automotive Systems’ net sales down 5.46% in Q2/2015

14 August 2015

China Automotive Systems' net sales for the second quarter ended 30 June 2015 was down -5.46%to US$109.2m compared with $115.5m in the same period year ago.


CHINA: China Automotive Systems net profit up in 2014

27 March 2015

China Automotive Systems' net sales for full year 2014 were up 56.47% to US$11.82m compared with $7.56m in 2013.


CHINA: China Automotive starts building Brazil steering plant

1 December 2014

China Automotive Systems has begun construction of the first stage of a factory in Sao Paulo, Brazil which will assemble steering units sold to South American automakers.


CHINA: China Automotive Systems’ net sales up 11.9% to US$101.7m in Q3/2014

13 November 2014


CHINA: China Automotive Systems’ net sales up 18% to US$115.5m in Q2/2014

14 August 2014


CHINA: China Automotive Systems acquires shares in subsidiaries

11 August 2014

China Automotive Systems (CAAS), a power steering components and systems supplier in China, has announced that it has entered into a Stock Exchange Agreement to acquire the remaining 20.0% minority interest in Jingzhou Henglong Automotive Parts Co., Ltd. ("Jingzhou Henglong"), and the remaining 19.0% minority interest in Shashi Jiulong Power Steering Gear Co., Ltd. ("Shashi Jiulong"), from Jiulong Machinery Electricity Manufacturing Co., Ltd. ("Jiulong Machinery Electricity").


CHINA: China Automotive Systems acquires 51% equity control position in Fujian Qiaolong

20 May 2014


CHINA: China Automotive Systems’ sales grew 17.64% to US$114.3m in Q1/2014

15 May 2014


CHINA: China Automotive Systems’ Q4 net sales up 27.3% to US129.2m in 2013

1 April 2014


CHINA: China Automotive Systems Q3 net income increases to US$8.62m

25 November 2013


CHINA: China Automotive Systems Q2 net income down 56.5% to US$6.2m

19 August 2013


CHINA: China Automotive Systems wins supplier award from Chrysler

21 June 2013


CHINA: China Automotive Systems’s Q1 operating income rises 47.6% to US$9.3m

14 May 2013


CHINA: China Automotive Systems wins big contract with SAIC-GM-Wuling

2 May 2013

China Automotive Systems, Inc. has announced that its subsidiary, Jingzhou Henglong Automotive Parts Co., Ltd., has entered into a multi-year agreement to supply the SAIC-GM-Wuling (SGMW) joint venture with its rack and pinion power steering systems.


CHINA: CAS sales up, profits down

27 March 2013

Power steering specialist China Automotive Systems boosted Q4 2012 sales 7.5% to US$101.5m but gross profit dipped to $17.2m, compared to $18.3m in the fourth quarter of 2011; gross margin was 16.9% versus 19.4%.


CHINA: China Automotive Systems’s full year operating income falls 10.6% to US$27.8m

27 March 2013


GENEVA 2013 PRESS PREVIEW DAYS REVIEW: Part Two (of two)

8 March 2013

Having peered under concepts to check for real engines and suspension systems, and gently interrogated multiple industry executives in the quest to slake readers' insatiable thirsts for knowledge, Glenn Brooks now reports his findings.


CHINA: China Automotive Systems gets supplier award from Chrysler

30 January 2013

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China Automotive Systems news

just-auto Plus only CAAS to supply EPS for Great Wall’s Ora R150

8 March 2019

China Automotive Systems ("CAAS" or the "Company"), a leading power steering...


CAAS partners to produce electric motors for EPS

3 January 2019

China Automotive Systems (CAAS) has announced it has entered into a joint venture agreement with...


CAAS secures major deals in Europe and India

18 December 2018

China Automotive Systems, a leading power steering components and systems supplier in China, anno...


just-auto Plus only CAAS/Japan KYB team on electric steering systems

25 September 2018

China Automotive Systems, a leading power steering components and systems supplier in China, anno...


China Automotive Systems Q3 sales up 25.2%

9 November 2017

China Automotive Systems said third quarter sales increased 25.2% to $118.4m, compared to $94.6m...


China Automotive Systems boosts profits

10 August 2017

Power steering supplier China Automotive Systems said second quarter sales increased 16.5% year o...



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