{img align=left}The first North American OEM customer for Chinese supplier China Automotive Systems (CAAS) is non other than American carmaker Chrysler, the Chinese announced today, one year after in CAAS received the first order from Chrysler. If you're wondering what the Chinese have to offer, we tell you they supply the power steering gears for the Jeep Wrangler.
"We are very excited about our strengthening relationship with Chrysler and the deep potential for the vast North American OEM market. Chrysler's order boosted our confidence to continue to develop and produce reliable power steering systems reaching the highest quality standards required by the world's most sophisticated auto manufacturers," Hanlin Chen, CAAS chairman said in a release.
CAAS said the supply agreement with Chrysler comes after the latter conducted an initial screen and review of the Chinese products and found the power steering gears compliant with internal regulations.
CAAS also announced it has begun production of its very own electronic power steering system, which will be supplied to Suzuki, at least in the beginning. CAAS plans to export them to Europe and the US as well.
"EPS systems are widely adopted by OEMs in Europe and gradually expanding market share in the U.S. OEM market. Although EPS systems are relatively new in China, we see great potential for EPS in China, the world's largest automotive market," Qizhou Wu, CAAS CEO concluded.
"We are proud to be the first Chinese power steering producer to introduce a domestically designed and manufactured product to compete with imported systems in the fast growing Chinese automotive market."
"We are very excited about our strengthening relationship with Chrysler and the deep potential for the vast North American OEM market. Chrysler's order boosted our confidence to continue to develop and produce reliable power steering systems reaching the highest quality standards required by the world's most sophisticated auto manufacturers," Hanlin Chen, CAAS chairman said in a release.
CAAS said the supply agreement with Chrysler comes after the latter conducted an initial screen and review of the Chinese products and found the power steering gears compliant with internal regulations.
CAAS also announced it has begun production of its very own electronic power steering system, which will be supplied to Suzuki, at least in the beginning. CAAS plans to export them to Europe and the US as well.
"EPS systems are widely adopted by OEMs in Europe and gradually expanding market share in the U.S. OEM market. Although EPS systems are relatively new in China, we see great potential for EPS in China, the world's largest automotive market," Qizhou Wu, CAAS CEO concluded.
"We are proud to be the first Chinese power steering producer to introduce a domestically designed and manufactured product to compete with imported systems in the fast growing Chinese automotive market."
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