Tag: auto parts
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China Automotive Systems Wins South American EPS Contract
China Automotive Systems Secures Its First South American EPS Contract China Automotive Systems, Inc. (NASDAQ: CAAS) announced a landmark milestone as its wholly owned subsidiary, Hubei Henglong Automotive Parts Co., Ltd., secured a prominent electric power steering (EPS) contract in South America. The deal underscores CAAS’s expanding footprint in global automotive components and positions the…
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China Automotive Systems Lands First South American EPS Contract
CAAS Secures Landmark South American EPS Contract China Automotive Systems, Inc. (CAAS), a leading supplier of power steering components and systems, announced a pivotal milestone: its first EPS (electric power steering) contract in South America. The deal underscores the company’s growing international footprint and signals a strategic push into a high-potential market for advanced steering…
