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