China Automotive Systems said third quarter sales increased 25.2% to $118.4m, compared to $94.6m in the same quarter of 2016. This increase was mainly due to higher volumes of traditional steering products to autos and heavy-duty vehicles in China. Also, new products drove higher sales to the company's North American customers.
China Automotive Systems said third quarter sales increased 25.2% to $118.4m, compared to $94.6m in the same quarter of 2016. This increase was mainly due to higher volumes of traditional steering products to autos and heavy-duty vehicles in China. Also, new products drove higher sales to the company's North American customers.
News
9 Nov, 2017
An Austin-Healey 100-Six festooned with 24-karat gold and known as ‘Goldie’, is set to be auctioned by RM Sotheby’s in New York
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9 Nov, 2017
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Subaru plans to recall about 400,000 vehicles in Japan this month after finding it had been following improper procedures for final inspections at domestic plants, expanding a recall from a previously estimated 255,000 vehicles.
South Korea plans to impose a combined fine of 70.3 billion won ($63.1 million) on BMW, Mercedes and Porsche, citing violation of emissions rules.
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Malaysia's second national carmaker Perodua launched the redesigned Myvi subcompact car in its domestic market this week, as it looks to strengthen its lacklustre sales performance.
Jaguar Land Rover, which helped propel Indian parent Tata Motors to its biggest profit jump in six quarters, will roll out more products next year to boost sales and profit as demand slows in key markets.
Jaguar Land Rover, which helped propel Indian parent Tata Motors to its biggest profit jump in six quarters, will roll out more products next year to boost sales and profit as demand slows in key markets.
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