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…
ByChina Automotive Systems
CAAS is a powerhouse Chinese steering component and systems supplier. However, it's heavily reliant on the local market for revenues and it competes in China with the JVs of established steering systems makers. Plant in Brazil will partly address.
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%…
ByCAAS 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…
ByChina 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…
ByChina 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.
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…