China Automotive Systems Announces Share Repurchase
- CAAS's board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months - WUHAN, China, April 11, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steerin...
China Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 Results
WUHAN, China, March 30, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal yea...
China Automotive Systems to Announce Unaudited 2021 Fourth Quarter and Audited 2021 Year Financial Results on March 30, 2022
WUHAN, China, March 16, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced that it will issue unaudited financial results for the fourth quarter endedDecember 31, 2021, on ...
China Automotive Systems Signs Supply Contract with SCANIA
WUHAN, China, Jan. 25, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it has entered into an agreement with SCANIA AB ("SCANIA") to develop eRCB steering systems fo...
China Automotive Systems Reports Unaudited 2021 Third Quarter Results
WUHAN, China, Nov. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2021. ...
China Automotive Systems to Announce Unaudited 2021 Third Quarter Financial Results on November 12, 2021
WUHAN, China, Nov. 5, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced that it will issue unaudited financial results for the third quarter endedSeptember 30, 2021, on Fr...
China Automotive Systems Reports 45.0% Net Sales Increase in the Second Quarter of 2021
WUHAN, China, Aug. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the second quarter and six months endedJune 30, 2021. Second ...
China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021
WUHAN, China, Aug. 10, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter endedJune 30, 2021, on Thursday, August 12, 2021, bef...
China Automotive Systems Announces Annual Meeting Conference Call on July 28, 2021
WUHAN, China, July 19, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced the Annual Meeting of Stockholders of China Automotive Systems, Inc. (the "Company") will be held ...
China Automotive Systems Receives SGS TÜV Certification
WUHAN, China, July 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that its wholly owned subsidiary, Hubei Henglong Automotive Systems Group Co. Ltd. ("Henglong"), re...
China Automotive Systems Develops New Steering System for Alfa Romeo's First Subcompact Crossover EV
WUHAN, China, July 6, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it has entered into the OTOP (Off Tool Off Process) phase of new steering development for the l...
China Automotive Systems Purchases 40% of European Vehicle Technology Leader and Officially Enters Autonomous Driving
WUHAN, China, June 10, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that its wholly owned subsidiary, Hubei Henglong Automotive Systems Group Co. Ltd. ("Henglong"), pu...
China Automotive Systems Reports 77.0% Net Sales Increase and Return to Profitability in the First Quarter of 2021
WUHAN, China, May 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2021. First Quarter 2021 High...
China Automotive Systems to Announce Unaudited 2021 First Quarter Financial Results on May 12, 2021
WUHAN, China, May 6, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter endedMarch 31, 2021, on Wednesday, May 12, 2021, before ...
China Automotive Systems' South American Unit Sales to Increase Approximately 200% In 2021
WUHAN, China, April 15, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that its joint venture, Brazil Henglong, expects an approximate 200% increase in its steering unit...
China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results
WUHAN, China, March 30, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal yea...
China Automotive Systems Introduces New EPS Product to Empower ADAS
WUHAN, China, March 22, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today provided an update on its new Electric Power Steering (EPS) product. This new EPS product is based upon pro...
China Automotive Systems to Announce Unaudited 2020 Fourth Quarter and Audited 2020 Year Financial Results on March 30, 2021
WUHAN, China, March 16, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter and audited financial results for the year endedDece...
China Automotive Systems Announces Hearing on February 5, 2021 on Proposal to Settle Stockholder Derivative Lawsuit
WUHAN, China, Dec. 7, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that a settlement hearing will be held onFebruary 5, 2021 at 11:00 a.m. EST at the Court of Chancery...
China Automotive Systems Registered Record High Monthly Shipments to Commercial Vehicle Market in China
- Reached monthly run rate of 70,000 steering units shipped to leading Chinese OEMs andNorth America aftermarket - - New steering product and production line are ready for autonomous driving trucks and buses - WUHAN, China, Dec. 3, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: ...