China Automotive Systems, Inc. is one of the largest power steering components and systems supplier in China. It is also a holding company that, through Genesis, manufactures power steering systems and other components for automobiles. Founded in 1993, all operations are conducted through eight Sino-foreign joint ventures in China and a wholly owned subsidiary in the United States. The company has business relations with more than 60 vehicle manufacturers, including FAW Group and Dongfeng Group; Shenyang Brilliance Jinbei, light vehicle manufacturer in China; Chery Automobile, state-owned car manufacturer in China, and Xi'an BYD Automobile and Zhejiang Geely car manufacturers.[1]
The company currently[when?] offers four separate series of power steering with an annual production capacity of over 3.5 million sets, steering columns, steering oil pumps and steering hoses.[2]
In 2010, CAAS was selected among more than 700 contestants as one of only six suppliers honored as Chery's "2010 Annual Best Parts Supplier".[3]
China Automotive Systems is listed under the International Directory of Company Histories, Volume 87.[4]
^"China's Vice Premier Dejiang Zhang Confident in China Automotive Systems' Future". The New York Times. - "China Automotive Systems Inc". New York Times.
^"China Automotive Systems Reports Preliminary Unaudited Selected Financial Results for the 2010 Fourth Quarter and Year". The New York Times.
^"China Automotive Systems Receives 2010 Annual Best Parts Supplier Award From Chery Auto". The New York Times.
^Peterson, Jay P. (2007). International Directory of Company Histories. St. James Press.
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