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    China Automotive Systems

China 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.

CHINA: CAS sales up, profits down

Power steering specialist China Automotive Systems boosted Q4 2012 sales 7.5% to US$101.5m but gross profit dipped to $17.2m, compared…

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