China Automotive Systems Provides Update on Electric Power Steering Outlook for 2011
- Sales Are Estimated to Reach Approximately 150,000 Units in 2011 – HUBEI PROVINCE, China, March 22, 2011 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its ...
China Automotive Systems Receives Letter from NASDAQ
HUBEI PROVINCE, China, March 19, 2011 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that, as expected, it received a notification letter from the NASDAQ Stock Market ("N...
China Automotive Systems, Inc. to Restate Its Financial Statements
Accounting review points to non-cash items related to convertible notes HUBEI PROVINCE, China, March 17, 2011 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it expe...
China Automotive Systems Appoints PricewaterhouseCoopers Zhong Tian CPAs Limited Company as Auditors
WUHAN, China, Dec. 13, 2010 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, today announced, based on the recommendation of the Company's Audit Committee, it has appointed Pricewaterhouse...
China Automotive Systems Achieves Production Milestone with 10 Millionth Steering Unit
WUHAN, Hubei, China, Nov. 22, 2010 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, today announced the achievement of a significant milestone with the production of its 10 milli...
China Automotive Systems, Inc. Announces Construction Ceremony for New Electric Power Steering Facility
WUHAN, China, Nov. 17, 2010 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, announced today that its subsidiary, Wuhan Jielong Automotive Electric Power Steering Co., Ltd., rece...
China Automotive Systems Reports Third Quarter 2010 Financial Results
Record Sales for any Third Quarter of Operations WUHAN, China, Nov. 9, 2010 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc., ("CAAS" or the "Company"), (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced financial results for the third ...
China Automotive Systems To Announce Third Quarter 2010 Financial Results on November 9, 2010
Teleconference to be held at 8:00 A.M. ET WUHAN, China, Nov. 1, 2010 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue financial results for the third quarter and nine months en...
China Automotive Systems, Inc. Ranks 23rd in FORTUNE’S 2010 "100 Fastest-Growing Companies" List
WUHAN, China, Aug. 26 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, announced that it was ranked 23rd in FORTUNE’S "100 Fastest-Growing Companies" list for the 2010 year. FORTUNE...
China Automotive Systems Reports 2010 Second Quarter Financial Results
- Revenue up 36.2% YoY - - Net Income up 40.6%, diluted EPS $0.28 - WUHAN, China, Aug. 9 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc., (the "Company"), (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced financial results for ...
China Automotive Systems to Announce Second Quarter 2010 Financial Results on August 9, 2010
Teleconference to be held at 9:00 A.M. EDT WUHAN, China, Aug. 3 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue financial results for the second quarter ended ...
China Automotive Systems Won New Contract for Electric Power Steering
WUHAN, Hubei, China, July 12 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, announced today that its subsidiary, Wuhan Jielong Power Steering Co. Ltd., has received a purchase order ...
China Automotive Systems Reports 88% Revenue Growth in 2010 First Quarter
- Q1 diluted EPS $0.34, up 302% YoY - WUHAN, China, May 6 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (the "Company"), (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced record financial results for the first quarter ended...
China Automotive Systems to Announce First Quarter 2010 Results on May 6, 2010
Teleconference to be held at 8:00 A.M. EDT WUHAN, Hubei, China, April 30 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue financial results for the first quarter ended ...
China Automotive Systems Reports 119% Net Sales Increase and 1,200% Net Income Growth for the Fourth Quarter 2009
- Q4 Top Line $84 million, Gross Margin 29%, Continued Free Cash Flow Generation - WUHAN, China, March 25 /PRNewswire-Asia/ -- China Automotive Systems, Inc., ("CAAS" or the "Company"), (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced reco...
China Automotive Systems to Announce Fourth Quarter and Fiscal Year 2009 Results on March 25, 2010
Teleconference to be held at 8:00 A.M. EDT WUHAN, Hubei, China, March 18 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue financial results for the fourth quart...
China Automotive Systems Has Begun Commercial Supply to Chrysler North America
WUHAN, Hubei, China, Jan. 22 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, announced today at a Company ceremony that its first global OEM customer, headquartered in North America, ...
China Automotive Systems to Host Conference Call on January 22, 2009 at 8:00 AM EST to Discuss Chrysler Contract
WUHAN, Hubei, China, Jan. 22 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that management will host a conference call on Friday, January 22, 2010 at 8:00 a.m. Eastern Standard Time. ...
China Automotive Systems Announces Changes to the Board of Directors
WUHAN, China, Dec. 21 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that at the Company's annual meeting on December 17, 2009, Mr. Hanlin Chen, Chairman, Mr. Qizhou Wu, Chief Executive Office...
China Automotive Systems Reports 2009 Third Quarter Results
- Top line $64.7 million on an organic 75% increase YoY - - Q3 EPS $0.28, increased by 211% YoY - - Free Cash Flow $15.5 million in first 9 months - WUHAN, China, Nov. 12 /PRNewswire-Asia/ -- China Automotive Systems, Inc., (the "Company"), (Nasdaq: C...
