China Automotive (CAAS) Gets New Multi-Year Power Steering Contract with Chrysler
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China Automotive Systems, Inc. (Nasdaq: CAAS) has increased its presence in the North American market through a new multi-year contract with Chrysler Group LLC. In 2012, CAAS's power steering products will be installed into RAM pick-up trucks.
CAAS first began working with Chrysler in 2008 on its award-winning Jeep® Wrangler. Chrysler has now expanded its orders to RAM pick-up truck models 2500 and 3500.
CAAS first began working with Chrysler in 2008 on its award-winning Jeep® Wrangler. Chrysler has now expanded its orders to RAM pick-up truck models 2500 and 3500.
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