China Automotive Systems Announces Subsidiary’s Annual Sales Milestone of 5 Million Units and New Driver Assist Products in Mass Production
China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”),a leading power steering components and systems supplier in China, today announced that its largest subsidiary by sales, Jingzhou Henglong Auto Parts Manufacturing Co., Ltd. (“Jingzhou Henglong”),achieved a production and sales increase of 35% year-over-year in the fourth quarter of 2024, and reached a new single […]