China Automotive Systems Receives First Order from a Global North American Automotive Manufacturer - aftermarketNews

China Automotive Systems Receives First Order from a Global North American Automotive Manufacturer

This agreement represents a major milestone for the company, said CEO Qizhou Wu, as it is the first contract for China Automotive Systems in the North American original equipment manufacturer (OEM) market.

WUHAN, Hubei, China — China Automotive Systems, a power steering components and systems supplier in China, has its first purchase order for power steering gears from a global automotive manufacturer headquartered in North America. This first purchase order is part of a larger agreement to supply power steering gears to this automotive manufacturer.

This agreement represents a major milestone for the company, said CEO Qizhou Wu, as it is the first contract for China Automotive Systems in the North American original equipment manufacturer (OEM) market. These power steering gears are intended for one model of a well-known automobile brand, according to the company.

"We are very excited to have been selected by this major North American automotive manufacturer to become a supplier of important power steering gears," said Wu. "This contract win is further evidence of our dedication to quality products, our R&D and engineering capabilities, and the company’s financial strength and large-scale production. We were able to meet the strict high- standard quality requirements from a global automotive OEM, which positions us to successfully compete in the global marketplace. As a leading independent power steering component and systems supplier in China, we are on our way to broaden our geographic reach and to penetrate into other world-class automotive OEMs."

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