China Auto

Carmakers face fresh allegations of Uyghur forced labour in China

Fresh allegations of complicity in human rights violations by Tesla, Volkswagen, BYD, Toyota and General Motors have been made by…

China Automotive Systems passes IVECO evaluation

Power steering specialist China Automotive Systems (CAAS) says it has successfully passed a supplier evaluation by European heavy commercial specialist…

CAAS sees Q2 slump as consumer spending and economy slow

China Automotive Systems (CAAS), a power steering components and systems supplier in China, said second quarter net sales fell 15.9%…

CAAS and Hyoseong Electric join to produce electric motors for EPS

China Automotive Systems (CAAS) has announced it has entered into a joint venture agreement with Hyoseong Electric to design, manufacture…

China Automotive Systems secures major deals in Europe and India

China Automotive Systems, a leading power steering components and systems supplier in China, announced it has reached a series of…

China Automotive Systems third quarter sales up 25.2%

China Automotive Systems said third quarter sales increased 25.2% to $118.4m, compared to $94.6m in the same quarter of 2016.…

China Automotive Systems boosts profits

Power steering supplier China Automotive Systems said second quarter sales increased 16.5% year on year to US$117.7m from $101.0m in…

Steering specialist sees Q1 improvement

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

China Automotive Systems sees growth despite lacklustre economy

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

China Automotive Q1 net income down to US$5.7m

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%…

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