China Automotive Systems Announces Subsidiary's Annual Sales Milestone of 5 Million Units and New Driver Assist Products in Mass Production
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China Automotive Systems, Inc. (CAAS)
Last china automotive systems, inc. earnings: 11/12 06:00 am
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Source: PR Newswire
WUHAN, China, Jan. 24, 2025 /PRNewswire/ -- 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 monthly record high sales and production in December 2024 of more than 620,000 units, a 46.7% year-over-year increase. For 2024, annual production and sales volume exceeded 5 million units, representing an 18.5% year-over-year growth. The Company also announced that the R-EPS steering p
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- China Automotive Systems, Inc. (NASDAQ: CAAS) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- China Automotive Systems, Inc. (NASDAQ: CAAS) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- China Automotive Systems, Inc. (NASDAQ: CAAS) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- China Automotive Systems, Inc. (NASDAQ: CAAS) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
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